Curbline Properties (CURB) CEO disposes shares to satisfy tax obligation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curbline Properties Corp. director and President & CEO David R. Lukes reported a tax-related share disposition. On this Form 4, he transferred 77,816 shares of common stock at $27.8100 per share to satisfy tax obligations, leaving him with 756,009 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lukes David R
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 77,816 | $27.81 | $2.16M |
Holdings After Transaction:
Common Stock — 756,009 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Curbline Properties (CURB) report on this Form 4?
The Form 4 reports a tax-related share disposition by President & CEO David R. Lukes. He delivered 77,816 shares of Curbline Properties common stock to cover tax obligations, rather than conducting an open-market sale of those shares.
Was the Curbline Properties (CURB) insider transaction an open-market sale?
No, the transaction is coded "F" as a payment of exercise price or tax liability by delivering securities. This means shares were withheld or delivered for tax or exercise obligations, rather than sold by David R. Lukes in a traditional open-market sale.
Who is the insider involved in this Curbline Properties (CURB) Form 4 filing?
The insider is David R. Lukes, who serves as both a director and the President & CEO of Curbline Properties Corp. The filing reports his tax-related disposition of 77,816 shares and confirms a remaining direct ownership of 756,009 common shares.