[Form 4] City Office REIT, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
City Office REIT, Inc. reported that its Chief Financial Officer, Anthony Maretic, had all of his equity converted to cash in connection with the company’s merger. On January 9, 2026, each share of common stock was converted into the right to receive $7.00 per share in cash under the merger agreement.
The filing shows the CFO disposed of 227,778 shares of common stock, leaving him with no remaining common shares. In addition, 61,886 restricted stock units and 184,037 performance restricted stock units previously granted to him each converted into cash at the same $7.00 per share merger price, also leaving zero derivative holdings. As of January 9, 2026, he is no longer subject to Section 16 reporting for City Office REIT.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Maretic Anthony
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 61,886 | $7.00 | $433K |
| Disposition | Performance Restricted Stock Units | 184,037 | $7.00 | $1.29M |
| Disposition | Common Stock | 227,778 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- On January 9, 2026 (the "Merger Effectiveness Time"), pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 23, 2025, by and among the Issuer, MCME Carell Holdings, LP, a Delaware limited partnership ("Parent"), and MCME Carell Merger Sub, LLC, a Maryland limited liability company ("Merger Sub") the Issuer merged with and into Merger Sub, with Merger Sub surviving as a wholly-owned subsidiary of Parent (the "Merger"). At the Merger Effectiveness Time, each share of Issuer's common stock, par value $0.01 per share, converted into the right to receive $7.00 per share in cash (the "Merger Consideration Price"). Represents Restricted Stock Units previously issued to the Reporting Person. At the Merger Effectiveness Time, each outstanding Restricted Stock Unit converted into the right to receive an amount in cash equal to the Merger Consideration Price. Represents Performance Restricted Stock Units previously issued to the Reporting Person. At the Merger Effectiveness Time, each outstanding Performance Restricted Stock Unit converted into the right to receive an amount in cash equal to the Merger Consideration Price (assuming that all performance-based vesting conditions applicable to such Performance Restricted Stock Unit were achieved at the actual level of performance through the Merger Effectiveness Time).
