Nahas John 4

What Happened

• John Nahas, Chief Operating Officer of Rexford Industrial Realty (REXR), surrendered 127 shares of common stock on June 13, 2026 to satisfy tax withholding obligations tied to the vesting of 355 restricted shares. The shares were valued at $35.09 each, totaling $4,456. This was a tax-withholding transaction (code F), not an open-market sale or purchase.

Key Details

• Transaction date: June 13, 2026; Filing date: June 16, 2026.
• Shares surrendered: 127 at $35.09 per share; total value reported $4,456.
• Related vesting: 355 restricted common shares vested on June 13, 2026 (footnote F1).
• Ownership disclosed: the filing also notes Nahas owns 25,190 LTIP Units (a class of limited partnership units in Rexford Industrial Realty, L.P.) (footnote F2). The filing did not specify total common shares held after withholding.
• Transaction code: F — shares surrendered to cover tax withholding.
• Filing timeliness: Form 4 was filed three days after the transaction; the filing does not indicate a late-report designation.

Context

• This was a routine tax-withholding action accompanying the vesting of restricted stock, not a directional bet on the company. Such "surrender to cover" transactions are common and do not represent a market sale or purchase decision by the insider.