STOCK TITAN

[Form 4] CITY OFFICE REIT, INC. Insider Trading Activity

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

City Office REIT (CIO) Form 4: Director John Sweet reported an automatic acquisition of 306 restricted stock units (RSUs) on 07/24/2025 as a dividend-equivalency grant under the company’s Equity Incentive Plan. Each RSU converts 1-for-1 into common stock upon vesting and will be delivered when the related underlying awards vest. Following the transaction, Sweet directly owns 21,392 RSUs. No common-stock sales, purchases, or option exercises were disclosed, indicating the filing is a routine equity-compensation update rather than a directional trade. The grant marginally increases insider alignment but does not affect the public float or signal any strategic shift.

City Office REIT (CIO) Form 4: Il direttore John Sweet ha segnalato l'acquisizione automatica di 306 unità azionarie vincolate (RSU) il 24/07/2025 come premio equivalente a dividendi nell'ambito del Piano di Incentivi Azionari della società. Ogni RSU si converte 1 a 1 in azioni ordinarie al momento della maturazione e verrà consegnata al verificarsi della maturazione dei premi sottostanti correlati. Dopo questa operazione, Sweet detiene direttamente 21.392 RSU. Non sono state dichiarate vendite, acquisti di azioni ordinarie o esercizi di opzioni, indicando che la comunicazione è un aggiornamento di routine sulla compensazione azionaria e non un'operazione speculativa. Il premio aumenta leggermente l'allineamento degli insider ma non influisce sul flottante pubblico né segnala cambiamenti strategici.

City Office REIT (CIO) Formulario 4: El director John Sweet reportó una adquisición automática de 306 unidades restringidas de acciones (RSUs) el 24/07/2025 como una concesión equivalente a dividendos bajo el Plan de Incentivos de Capital de la empresa. Cada RSU se convierte 1 a 1 en acciones comunes al momento de consolidarse y se entregará cuando las adjudicaciones subyacentes relacionadas se consoliden. Tras la transacción, Sweet posee directamente 21,392 RSUs. No se revelaron ventas, compras de acciones comunes ni ejercicios de opciones, lo que indica que la presentación es una actualización rutinaria de compensación accionaria y no una operación direccional. La concesión incrementa marginalmente la alineación de los insiders pero no afecta el flotante público ni señala ningún cambio estratégico.

City Office REIT (CIO) Form 4: 이사 John Sweet는 2025년 7월 24일 회사의 주식 인센티브 계획에 따른 배당금 상당 보상으로 306개의 제한 주식 단위(RSU)를 자동 취득했다고 보고했습니다. 각 RSU는 권리 확정 시 1대 1로 보통주로 전환되며, 관련 기초 보상 권리가 확정될 때 지급됩니다. 이번 거래 후 Sweet는 직접 21,392 RSU를 보유하게 됩니다. 보통주 매도, 매수 또는 옵션 행사 내역은 공개되지 않아, 이번 보고는 방향성 거래가 아닌 정기적인 주식 보상 업데이트임을 나타냅니다. 이번 부여는 내부자 정렬을 소폭 높이지만, 유통 주식 수나 전략적 변화에는 영향을 미치지 않습니다.

City Office REIT (CIO) Formulaire 4 : Le directeur John Sweet a déclaré une acquisition automatique de 306 unités d’actions restreintes (RSU) le 24/07/2025, en tant qu’attribution équivalente à un dividende dans le cadre du Plan d’Incitation en Actions de la société. Chaque RSU se convertit en une action ordinaire à 1 pour 1 lors de l’acquisition des droits et sera livrée à ce moment-là. Suite à cette opération, Sweet détient directement 21 392 RSU. Aucune vente, achat d’actions ordinaires ou exercice d’options n’a été divulgué, indiquant que ce dépôt est une mise à jour routinière de la rémunération en actions plutôt qu’une opération directionnelle. Cette attribution augmente légèrement l’alignement des initiés mais n’affecte ni le flottant public ni ne signale un changement stratégique.

City Office REIT (CIO) Form 4: Direktor John Sweet meldete am 24.07.2025 den automatischen Erwerb von 306 Restricted Stock Units (RSUs) als Dividendenäquivalenzzuwendung im Rahmen des Aktienanreizplans des Unternehmens. Jede RSU wandelt sich 1:1 in Stammaktien um, sobald sie unverfallbar wird, und wird bei Verfall der zugrunde liegenden Auszeichnungen geliefert. Nach der Transaktion besitzt Sweet direkt 21.392 RSUs. Es wurden keine Verkäufe, Käufe von Stammaktien oder Optionsausübungen offengelegt, was darauf hinweist, dass die Meldung eine routinemäßige Aktualisierung der Aktienvergütung und kein richtungsweisender Handel ist. Die Zuwendung erhöht die Insider-Ausrichtung geringfügig, beeinflusst jedoch weder den Streubesitz noch signalisiert sie eine strategische Änderung.

Positive
  • Increased insider alignment: Director John Sweet’s direct holdings rise to 21,392 RSUs, modestly reinforcing shareholder-management alignment.
Negative
  • None.

Insights

TL;DR: Routine RSU dividend grant; negligible market impact.

The 306 RSU dividend-equivalency units represent less than 0.1% of City Office REIT’s outstanding shares and simply keep John Sweet’s ownership in line with the equity incentive plan. There is no cash outlay, dilution is immaterial, and the award vests on the same schedule as prior grants. Such filings are common among REIT board members and generally do not influence valuation, guidance, or liquidity. Investors may view the continued accumulation of stock-settled awards as modestly positive for governance, but it should not drive investment decisions.

City Office REIT (CIO) Form 4: Il direttore John Sweet ha segnalato l'acquisizione automatica di 306 unità azionarie vincolate (RSU) il 24/07/2025 come premio equivalente a dividendi nell'ambito del Piano di Incentivi Azionari della società. Ogni RSU si converte 1 a 1 in azioni ordinarie al momento della maturazione e verrà consegnata al verificarsi della maturazione dei premi sottostanti correlati. Dopo questa operazione, Sweet detiene direttamente 21.392 RSU. Non sono state dichiarate vendite, acquisti di azioni ordinarie o esercizi di opzioni, indicando che la comunicazione è un aggiornamento di routine sulla compensazione azionaria e non un'operazione speculativa. Il premio aumenta leggermente l'allineamento degli insider ma non influisce sul flottante pubblico né segnala cambiamenti strategici.

City Office REIT (CIO) Formulario 4: El director John Sweet reportó una adquisición automática de 306 unidades restringidas de acciones (RSUs) el 24/07/2025 como una concesión equivalente a dividendos bajo el Plan de Incentivos de Capital de la empresa. Cada RSU se convierte 1 a 1 en acciones comunes al momento de consolidarse y se entregará cuando las adjudicaciones subyacentes relacionadas se consoliden. Tras la transacción, Sweet posee directamente 21,392 RSUs. No se revelaron ventas, compras de acciones comunes ni ejercicios de opciones, lo que indica que la presentación es una actualización rutinaria de compensación accionaria y no una operación direccional. La concesión incrementa marginalmente la alineación de los insiders pero no afecta el flotante público ni señala ningún cambio estratégico.

City Office REIT (CIO) Form 4: 이사 John Sweet는 2025년 7월 24일 회사의 주식 인센티브 계획에 따른 배당금 상당 보상으로 306개의 제한 주식 단위(RSU)를 자동 취득했다고 보고했습니다. 각 RSU는 권리 확정 시 1대 1로 보통주로 전환되며, 관련 기초 보상 권리가 확정될 때 지급됩니다. 이번 거래 후 Sweet는 직접 21,392 RSU를 보유하게 됩니다. 보통주 매도, 매수 또는 옵션 행사 내역은 공개되지 않아, 이번 보고는 방향성 거래가 아닌 정기적인 주식 보상 업데이트임을 나타냅니다. 이번 부여는 내부자 정렬을 소폭 높이지만, 유통 주식 수나 전략적 변화에는 영향을 미치지 않습니다.

City Office REIT (CIO) Formulaire 4 : Le directeur John Sweet a déclaré une acquisition automatique de 306 unités d’actions restreintes (RSU) le 24/07/2025, en tant qu’attribution équivalente à un dividende dans le cadre du Plan d’Incitation en Actions de la société. Chaque RSU se convertit en une action ordinaire à 1 pour 1 lors de l’acquisition des droits et sera livrée à ce moment-là. Suite à cette opération, Sweet détient directement 21 392 RSU. Aucune vente, achat d’actions ordinaires ou exercice d’options n’a été divulgué, indiquant que ce dépôt est une mise à jour routinière de la rémunération en actions plutôt qu’une opération directionnelle. Cette attribution augmente légèrement l’alignement des initiés mais n’affecte ni le flottant public ni ne signale un changement stratégique.

City Office REIT (CIO) Form 4: Direktor John Sweet meldete am 24.07.2025 den automatischen Erwerb von 306 Restricted Stock Units (RSUs) als Dividendenäquivalenzzuwendung im Rahmen des Aktienanreizplans des Unternehmens. Jede RSU wandelt sich 1:1 in Stammaktien um, sobald sie unverfallbar wird, und wird bei Verfall der zugrunde liegenden Auszeichnungen geliefert. Nach der Transaktion besitzt Sweet direkt 21.392 RSUs. Es wurden keine Verkäufe, Käufe von Stammaktien oder Optionsausübungen offengelegt, was darauf hinweist, dass die Meldung eine routinemäßige Aktualisierung der Aktienvergütung und kein richtungsweisender Handel ist. Die Zuwendung erhöht die Insider-Ausrichtung geringfügig, beeinflusst jedoch weder den Streubesitz noch signalisiert sie eine strategische Änderung.

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).
1. Name and Address of Reporting Person*
Sweet John

(Last) (First) (Middle)
666 BURRARD STREET, SUITE 3210

(Street)
VANCOUVER A1 V6C2X8

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
City Office REIT, Inc. [ CIO ]
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)
07/24/2025
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
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
Restricted Stock Units (1) 07/24/2025 A 306 (2) (2) Common Stock 306(3) (1) 21,392 D
Explanation of Responses:
1. In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as the defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
2. The units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest in three substantially equal installments on each of the first three annual anniversaries of the initial Grant Date, generally subject to the Participant's continued service through each applicable vesting date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
3. Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.
/s/ John Sweet 07/25/2025
** 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

What did CIO disclose in the July 2025 Form 4?

Director John Sweet received 306 RSUs as a dividend-equivalency grant on 07/24/2025.

How many CIO shares/units does John Sweet now own?

He beneficially owns 21,392 restricted stock units directly.

Was there any open-market buying or selling of CIO stock?

No. The filing shows only an automatic RSU grant; no purchases or sales of common shares occurred.

Does the RSU grant cause dilution for CIO shareholders?

Dilution is immaterial; 306 units represent a tiny fraction of CIO’s total shares outstanding.

When will the newly granted RSUs vest?

They vest on the same schedule as the underlying RSUs—three equal installments over three years, contingent on continued service.
City Office Reit Inc

NYSE:CIO

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224.39M
38.61M
4.33%
65.28%
0.75%
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