CURB (CURB) CFO reports restricted stock grant and tax-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curbline Properties Corp. executive vice president, CFO and treasurer Conor Fennerty reported equity compensation and related tax withholding transactions in company common stock. He received a grant of 9,564 service-based restricted shares at $0.00 per share under his employment agreement. On the same date, 4,402 shares were disposed of at $27.25 per share to cover tax liabilities by delivering shares. After these transactions, Mr. Fennerty directly owned 179,250 common shares. The granted restricted stock vests in equal installments on each of the first four anniversaries of the grant date, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fennerty Conor
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,564 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,402 | $27.25 | $120K |
Holdings After Transaction:
Common Stock — 183,652 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did CURB executive Conor Fennerty report on this Form 4?
Conor Fennerty reported two transactions in Curbline Properties common stock: a grant of 9,564 restricted shares at $0.00 per share and a disposition of 4,402 shares at $27.25 per share to satisfy tax obligations by delivering shares.
How is the tax-withholding disposition structured in the CURB Form 4 filing?
The tax-withholding disposition involved delivering 4,402 common shares at $27.25 per share. According to the Form 4, these shares were used to satisfy tax liabilities associated with the restricted stock award, rather than being an open-market sale transaction.