Digital Realty (NYSE: DLR) CAO logs routine 53-share tax-withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DIGITAL REALTY TRUST, INC. chief accounting officer Christine Beseda Kornegay reported a small, routine share disposition related to taxes. On this Form 4, 53 shares of common stock were surrendered in a tax-withholding disposition valued at $180.45 per share. This was done to cover tax obligations and was not an open-market sale. After this transaction, she directly holds 4,351 shares of Digital Realty common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kornegay Christine Beseda
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 53 | $180.45 | $10K |
Holdings After Transaction:
Common Stock — 4,351 shares (Direct)
Footnotes (1)
Key Figures
Shares disposed for tax withholding: 53 shares
Price per share: $180.45/share
Shares held after transaction: 4,351 shares
+1 more
4 metrics
Shares disposed for tax withholding
53 shares
Common Stock, tax-withholding disposition
Price per share
$180.45/share
Value used for tax-withholding disposition
Shares held after transaction
4,351 shares
Direct ownership following tax-withholding event
Transaction code
F
Payment of exercise price or tax liability by delivering securities
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 terms
tax-withholding disposition financial
"reported a small, routine share disposition related to taxes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"53 shares of common stock were surrendered in a tax-withholding disposition"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"On this Form 4, 53 shares of common stock were surrendered"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did DIGITAL REALTY TRUST (DLR) report for Christine Beseda Kornegay?
DIGITAL REALTY TRUST reported that chief accounting officer Christine Beseda Kornegay surrendered 53 shares of common stock in a tax-withholding disposition. The shares were valued at $180.45 each and were used to satisfy tax obligations rather than being sold on the open market.
Was the DLR insider transaction by Christine Beseda Kornegay an open-market sale?
No, the DLR transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition, meaning 53 shares were delivered back to cover tax liabilities associated with equity compensation instead of being sold to public market buyers.
What does transaction code "F" mean in the DLR Form 4 for Christine Beseda Kornegay?
Transaction code "F" on the DLR Form 4 indicates a tax-withholding disposition. It shows that shares were delivered to pay the exercise price or tax liability related to equity awards, distinguishing it from a discretionary open-market purchase or sale of stock.
How large is the reported DLR tax-withholding transaction for Christine Beseda Kornegay?
The reported DLR tax-withholding transaction involves 53 shares of common stock valued at $180.45 per share. This is a relatively small, routine adjustment to cover tax obligations on equity compensation rather than a significant change in her investment position.