Armada Hoffler Properties (AHH) director granted 2,013 shares as fee
Rhea-AI Filing Summary
Armada Hoffler Properties, Inc. director F. Blair Wimbush reported receiving 2,013 shares of common stock on 12/15/2025 at a reported price of $6.828 per share. These shares were issued to him in lieu of his cash retainer for board service.
Following this transaction, he beneficially owns 28,356.887 shares of Armada Hoffler common stock in direct ownership. He also holds 12,919 Time-Based LTIP Units in Armada Hoffler, L.P., which, after vesting and a holding period, may be converted into common units and then redeemed for cash equal to the then-current market value of one share of the company’s common stock or, at the company’s election, one share of common stock. Both the Time-Based LTIP Units and the related common units have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,013 | $6.828 | $14K |
| holding | Time-Based LTIP Units | -- | -- | -- |
Footnotes (1)
- These shares were issued to the director in lieu of his cash retainer. Represents Time-Based LTIP Units ("Time-Based LTIP Units") in the Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of the Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the agreement of limited partnership of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into common units of limited partnership interest in the Operating Partnership ("Common Units"), at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date. Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.
FAQ
What insider transaction did Armada Hoffler Properties (AHH) report for director F. Blair Wimbush?
Director F. Blair Wimbush reported acquiring 2,013 shares of Armada Hoffler Properties, Inc. common stock on 12/15/2025 at a reported price of $6.828 per share. The shares were issued to him in lieu of his cash retainer.
What are the Time-Based LTIP Units held by the Armada Hoffler (AHH) director?
The director holds 12,919 Time-Based LTIP Units in Armada Hoffler, L.P.. After vesting and subject to conditions in the partnership agreement and award agreement, these units may be converted into common units of the operating partnership.
How can the Time-Based LTIP Units ultimately relate to Armada Hoffler (AHH) common stock?
Once Time-Based LTIP Units vest and are converted into common units, each common unit is redeemable for cash equal to the then-current market value of one share of Armada Hoffler common stock or, at the company’s election, one share of common stock.
Do the Time-Based LTIP Units or common units tied to Armada Hoffler (AHH) have an expiration date?
The filing states that Time-Based LTIP Units have no expiration date and that the related common units also have no expiration date.