STOCK TITAN
  1. Home
  2. Sec-filings
  3. AHH
  4. [Form 4] Armada Hoffler Properties, Inc. Insider Trading Activity

Armada Hoffler Strengthens Board Alignment with $8K Executive Stock Grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Director F. Blair Wimbush of Armada Hoffler Properties reported the acquisition of 7,938 Time-Based LTIP Units on June 18, 2025. These units represent indirect ownership in the company through its Operating Partnership, Armada Hoffler, L.P.

Key details of the transaction:

  • The LTIP Units were granted at $0 cost and will fully vest at the 2026 Annual Meeting of Stockholders
  • After a two-year holding period, these units can be converted to Common Units
  • Common Units are redeemable for either cash equal to market value of common stock or, at company's election, one share of common stock
  • Following the transaction, Wimbush directly owns 23,471.631 shares of Common Stock and 12,919 Time-Based LTIP Units

This equity-based compensation aligns the director's interests with shareholders and represents a long-term commitment to the company's performance.

Positive

  • None.

Negative

  • None.
Insider Wimbush Frederick Blair
Role Director
Type Security Shares Price Value
Grant/Award Time-Based LTIP Units 7,938 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Time-Based LTIP Units — 12,919 shares (Direct); Common Stock — 23,471.631 shares (Direct)
Footnotes (1)
  1. Represents Time-Based LTIP Units ("Time-Based LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement 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 Represents a grant of unvested Time-Based LTIP Units, all of which will vest on the date of the Company's 2026 Annual Meeting of Stockholders.
Form 4 Insider Transactions: What Each Field Means →
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*
Wimbush Frederick Blair
(Last) (First) (Middle)
C/O ARMADA HOFFLER PROPERTIES, INC.
222 CENTRAL PARK AVE, 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)
06/18/2025
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 23,471.631 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
Time-Based LTIP Units (1)(2) 06/18/2025 A 7,938(3) (1)(2) (1)(2) Common Stock 7,938 $0 12,919 D
Explanation of Responses:
1. Represents Time-Based LTIP Units ("Time-Based LTIP Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. Under the limited partnership agreement 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.
2. 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
3. Represents a grant of unvested Time-Based LTIP Units, all of which will vest on the date of the Company's 2026 Annual Meeting of Stockholders.
Remarks:
/s/ Matthew T. Barnes-Smith, as Attorney-in-Fact for F. Blair Wimbush 06/23/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many Time-Based LTIP Units did AHH director F. Blair Wimbush receive on June 18, 2025?

F. Blair Wimbush received 7,938 Time-Based LTIP Units in Armada Hoffler, L.P. (the Operating Partnership) on June 18, 2025, as reported in the Form 4 filing.

When will AHH director Wimbush's newly granted LTIP Units vest?

The newly granted Time-Based LTIP Units will vest on the date of Armada Hoffler Properties' 2026 Annual Meeting of Stockholders.

How many shares of AHH common stock does F. Blair Wimbush directly own?

According to the Form 4 filing, F. Blair Wimbush directly owns 23,471.631 shares of Armada Hoffler Properties (AHH) common stock.

What are the conversion rights for AHH's Time-Based LTIP Units?

AHH's Time-Based LTIP Units can be converted into common units of limited partnership interest (Common Units) at the holder's option after vesting, but cannot be converted until two years following the grant date except in case of a Change of Control. Each Common Unit can then be redeemed for either cash equal to the current market value of one AHH common share or, at the Company's election, one share of AHH common stock.

How many derivative securities does Wimbush own after this transaction?

Following the reported transaction, F. Blair Wimbush beneficially owns 12,919 Time-Based LTIP Units as derivative securities of AHH.