STOCK TITAN

[Form 4] Armada Hoffler Properties, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Armada Hoffler Properties, Inc. (AHH) – Form 4 insider activity

Director Dennis H. Gartman reported an acquisition of 1,964 common shares on 06/16/2025. The shares were issued in lieu of his cash retainer, effectively representing stock-based compensation rather than an open-market purchase. The filing lists a reference price of $7.00 per share, placing the notional value of the grant at roughly $13,748. Following the transaction, Gartman’s direct holdings increased to 36,665 shares. No derivative securities were involved, and the transaction was not made under a Rule 10b5-1 plan. The report was signed by attorney-in-fact Matthew T. Barnes-Smith on 06/18/2025.

Given the modest size and routine nature of this director compensation grant, the event is unlikely to materially affect AHH’s valuation, but it does incrementally align director incentives with shareholder interests.

Armada Hoffler Properties, Inc. (AHH) – Attività interna Form 4

Il direttore Dennis H. Gartman ha segnalato un acquisto di 1.964 azioni ordinarie in data 16/06/2025. Le azioni sono state emesse in sostituzione del compenso in contanti, rappresentando di fatto una remunerazione basata su azioni e non un acquisto sul mercato aperto. Il documento indica un prezzo di riferimento di 7,00 $ per azione, con un valore nominale della concessione pari a circa 13.748 $. Dopo la transazione, le posizioni dirette di Gartman sono salite a 36.665 azioni. Non sono stati coinvolti strumenti derivati e l’operazione non è stata effettuata nell’ambito di un piano Rule 10b5-1. Il rapporto è stato firmato dall’avvocato delegato Matthew T. Barnes-Smith il 18/06/2025.

Considerata la dimensione modesta e la natura abituale di questa assegnazione di compensi al direttore, l’evento è poco probabile che influenzi in modo significativo la valutazione di AHH, ma contribuisce comunque ad allineare progressivamente gli incentivi dei direttori con gli interessi degli azionisti.

Armada Hoffler Properties, Inc. (AHH) – Actividad interna Formulario 4

El director Dennis H. Gartman reportó una adquisición de 1,964 acciones ordinarias el 16/06/2025. Las acciones fueron emitidas en lugar de su retención en efectivo, representando efectivamente una compensación basada en acciones y no una compra en el mercado abierto. El informe indica un precio de referencia de $7.00 por acción, situando el valor nominal de la concesión en aproximadamente $13,748. Tras la operación, las participaciones directas de Gartman aumentaron a 36,665 acciones. No se involucraron valores derivados y la transacción no se realizó bajo un plan Rule 10b5-1. El reporte fue firmado por el apoderado Matthew T. Barnes-Smith el 18/06/2025.

Dada la modesta escala y la naturaleza rutinaria de esta concesión de compensación al director, el evento es poco probable que afecte materialmente la valoración de AHH, pero sí alinea incrementalmente los incentivos del director con los intereses de los accionistas.

Armada Hoffler Properties, Inc. (AHH) – Form 4 내부자 활동

이사 Dennis H. Gartman2025년 6월 16일1,964 보통주 취득을 보고했습니다. 해당 주식은 현금 보수 대신 발행된 것으로, 공개 시장에서의 매수가 아닌 주식 기반 보상에 해당합니다. 신고서에는 주당 $7.00의 기준 가격이 명시되어 있어, 부여된 주식의 명목 가치는 약 $13,748입니다. 거래 후 Gartman의 직접 보유 주식은 36,665주로 증가했습니다. 파생 증권은 포함되지 않았으며, 거래는 Rule 10b5-1 계획 하에 이루어지지 않았습니다. 보고서는 2025년 6월 18일 대리인 Matthew T. Barnes-Smith가 서명했습니다.

이 이사 보상 부여가 규모가 크지 않고 일상적인 성격임을 감안할 때, 이번 이벤트가 AHH의 가치 평가에 중대한 영향을 미칠 가능성은 낮지만, 이사들의 인센티브가 주주 이익과 점진적으로 일치하도록 합니다.

Armada Hoffler Properties, Inc. (AHH) – Activité d’initié Formulaire 4

Le directeur Dennis H. Gartman a déclaré une acquisition de 1 964 actions ordinaires le 16/06/2025. Les actions ont été émises en lieu et place de sa rémunération en espèces, représentant ainsi une compensation en actions plutôt qu’un achat sur le marché libre. Le rapport indique un prix de référence de 7,00 $ par action, plaçant la valeur notionnelle de la subvention à environ 13 748 $. Après la transaction, la détention directe de Gartman est passée à 36 665 actions. Aucun titre dérivé n’a été impliqué et la transaction n’a pas été réalisée dans le cadre d’un plan Rule 10b5-1. Le rapport a été signé par le mandataire Matthew T. Barnes-Smith le 18/06/2025.

Étant donné la taille modeste et le caractère habituel de cette attribution de rémunération au directeur, l’événement est peu susceptible d’affecter de manière significative la valorisation d’AHH, mais il aligne progressivement les incitations des administrateurs avec les intérêts des actionnaires.

Armada Hoffler Properties, Inc. (AHH) – Insider-Aktivität Form 4

Direktor Dennis H. Gartman meldete am 16.06.2025 den Erwerb von 1.964 Stammaktien. Die Aktien wurden anstelle seiner Barvergütung ausgegeben und stellen somit eine aktienbasierte Vergütung dar, nicht jedoch einen Kauf am freien Markt. Im Bericht wird ein Referenzpreis von 7,00 $ pro Aktie angegeben, womit der nominelle Wert der Zuteilung etwa 13.748 $ beträgt. Nach der Transaktion erhöhte sich Gartmans Direktbestand auf 36.665 Aktien. Es waren keine Derivate beteiligt, und die Transaktion erfolgte nicht im Rahmen eines Rule 10b5-1 Plans. Der Bericht wurde am 18.06.2025 vom Bevollmächtigten Matthew T. Barnes-Smith unterzeichnet.

Angesichts der überschaubaren Größe und routinemäßigen Natur dieser Direktorenvergütung ist es unwahrscheinlich, dass dieses Ereignis die Bewertung von AHH wesentlich beeinflusst, trägt aber dazu bei, die Anreize der Direktoren schrittweise mit den Interessen der Aktionäre in Einklang zu bringen.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director share grant; negligible financial impact, mildly positive alignment.

The Form 4 discloses a small equity grant (1,964 shares, ≈$14k) to Director Dennis Gartman as payment for board service. Post-transaction ownership rises to 36,665 shares, still an immaterial stake relative to AHH’s ~86 million shares outstanding. Because the shares were not purchased with personal funds and represent standard compensation, the signal value is limited. There are no red flags such as large disposals, derivative exercises, or 10b5-1 plan indications. Overall, the filing is neutral for valuation but marginally positive for governance, showing continued equity-based alignment.

Armada Hoffler Properties, Inc. (AHH) – Attività interna Form 4

Il direttore Dennis H. Gartman ha segnalato un acquisto di 1.964 azioni ordinarie in data 16/06/2025. Le azioni sono state emesse in sostituzione del compenso in contanti, rappresentando di fatto una remunerazione basata su azioni e non un acquisto sul mercato aperto. Il documento indica un prezzo di riferimento di 7,00 $ per azione, con un valore nominale della concessione pari a circa 13.748 $. Dopo la transazione, le posizioni dirette di Gartman sono salite a 36.665 azioni. Non sono stati coinvolti strumenti derivati e l’operazione non è stata effettuata nell’ambito di un piano Rule 10b5-1. Il rapporto è stato firmato dall’avvocato delegato Matthew T. Barnes-Smith il 18/06/2025.

Considerata la dimensione modesta e la natura abituale di questa assegnazione di compensi al direttore, l’evento è poco probabile che influenzi in modo significativo la valutazione di AHH, ma contribuisce comunque ad allineare progressivamente gli incentivi dei direttori con gli interessi degli azionisti.

Armada Hoffler Properties, Inc. (AHH) – Actividad interna Formulario 4

El director Dennis H. Gartman reportó una adquisición de 1,964 acciones ordinarias el 16/06/2025. Las acciones fueron emitidas en lugar de su retención en efectivo, representando efectivamente una compensación basada en acciones y no una compra en el mercado abierto. El informe indica un precio de referencia de $7.00 por acción, situando el valor nominal de la concesión en aproximadamente $13,748. Tras la operación, las participaciones directas de Gartman aumentaron a 36,665 acciones. No se involucraron valores derivados y la transacción no se realizó bajo un plan Rule 10b5-1. El reporte fue firmado por el apoderado Matthew T. Barnes-Smith el 18/06/2025.

Dada la modesta escala y la naturaleza rutinaria de esta concesión de compensación al director, el evento es poco probable que afecte materialmente la valoración de AHH, pero sí alinea incrementalmente los incentivos del director con los intereses de los accionistas.

Armada Hoffler Properties, Inc. (AHH) – Form 4 내부자 활동

이사 Dennis H. Gartman2025년 6월 16일1,964 보통주 취득을 보고했습니다. 해당 주식은 현금 보수 대신 발행된 것으로, 공개 시장에서의 매수가 아닌 주식 기반 보상에 해당합니다. 신고서에는 주당 $7.00의 기준 가격이 명시되어 있어, 부여된 주식의 명목 가치는 약 $13,748입니다. 거래 후 Gartman의 직접 보유 주식은 36,665주로 증가했습니다. 파생 증권은 포함되지 않았으며, 거래는 Rule 10b5-1 계획 하에 이루어지지 않았습니다. 보고서는 2025년 6월 18일 대리인 Matthew T. Barnes-Smith가 서명했습니다.

이 이사 보상 부여가 규모가 크지 않고 일상적인 성격임을 감안할 때, 이번 이벤트가 AHH의 가치 평가에 중대한 영향을 미칠 가능성은 낮지만, 이사들의 인센티브가 주주 이익과 점진적으로 일치하도록 합니다.

Armada Hoffler Properties, Inc. (AHH) – Activité d’initié Formulaire 4

Le directeur Dennis H. Gartman a déclaré une acquisition de 1 964 actions ordinaires le 16/06/2025. Les actions ont été émises en lieu et place de sa rémunération en espèces, représentant ainsi une compensation en actions plutôt qu’un achat sur le marché libre. Le rapport indique un prix de référence de 7,00 $ par action, plaçant la valeur notionnelle de la subvention à environ 13 748 $. Après la transaction, la détention directe de Gartman est passée à 36 665 actions. Aucun titre dérivé n’a été impliqué et la transaction n’a pas été réalisée dans le cadre d’un plan Rule 10b5-1. Le rapport a été signé par le mandataire Matthew T. Barnes-Smith le 18/06/2025.

Étant donné la taille modeste et le caractère habituel de cette attribution de rémunération au directeur, l’événement est peu susceptible d’affecter de manière significative la valorisation d’AHH, mais il aligne progressivement les incitations des administrateurs avec les intérêts des actionnaires.

Armada Hoffler Properties, Inc. (AHH) – Insider-Aktivität Form 4

Direktor Dennis H. Gartman meldete am 16.06.2025 den Erwerb von 1.964 Stammaktien. Die Aktien wurden anstelle seiner Barvergütung ausgegeben und stellen somit eine aktienbasierte Vergütung dar, nicht jedoch einen Kauf am freien Markt. Im Bericht wird ein Referenzpreis von 7,00 $ pro Aktie angegeben, womit der nominelle Wert der Zuteilung etwa 13.748 $ beträgt. Nach der Transaktion erhöhte sich Gartmans Direktbestand auf 36.665 Aktien. Es waren keine Derivate beteiligt, und die Transaktion erfolgte nicht im Rahmen eines Rule 10b5-1 Plans. Der Bericht wurde am 18.06.2025 vom Bevollmächtigten Matthew T. Barnes-Smith unterzeichnet.

Angesichts der überschaubaren Größe und routinemäßigen Natur dieser Direktorenvergütung ist es unwahrscheinlich, dass dieses Ereignis die Bewertung von AHH wesentlich beeinflusst, trägt aber dazu bei, die Anreize der Direktoren schrittweise mit den Interessen der Aktionäre in Einklang zu bringen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gartman Dennis H.

(Last) (First) (Middle)
C/O ARMADA HOFFLER PROPERTIES, INC.
222 CENTRAL PARK AVENUE, SUITE 1000

(Street)
VIRGINIA BEACH VA 23462

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Armada Hoffler Properties, Inc. [ AHH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/16/2025 A 1,964(1) A $7 36,665 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were issued to the director in lieu of his cash retainer.
Remarks:
/s/ Matthew T. Barnes-Smith, as Attorney-in-Fact for Dennis H. Gartman 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many AHH shares did Director Dennis Gartman acquire?

He acquired 1,964 common shares.

What was the reported price per share in the Form 4 filing?

The filing references a price of $7.00 per share.

When did the transaction occur?

The acquisition date was 06/16/2025.

What is Gartman’s total direct ownership after the transaction?

His direct holdings increased to 36,665 shares.

Why were the shares issued to the director?

They were issued in lieu of his cash retainer for board service.

Was the transaction executed under a Rule 10b5-1 plan?

No, the filing does not indicate a 10b5-1 trading plan.
Armada Hoffler Pptys Inc

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573.11M
78.98M
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United States
VIRGINIA BEACH