[Form 4] FIRST INDUSTRIAL REALTY TRUST INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOMINSKI MATTHEW reported acquisition or exercise transactions in this Form 4 filing.
FIRST INDUSTRIAL REALTY TRUST INC director Matthew Dominski received an equity grant of 2,419 restricted stock units of common stock. The RSUs were awarded at no cash cost under the company’s 2024 Stock Incentive Plan and increase his direct holdings to 39,387 shares.
Each RSU represents one future share of common stock plus accrued dividends between grant and vesting. The RSUs vest on the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting at which directors are elected, tying director compensation to shareholder outcomes over this period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOMINSKI MATTHEW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,419 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,387 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,419 units
Shares following transaction: 39,387 shares
Transaction price per share: $0.00 per share
3 metrics
RSUs granted
2,419 units
Restricted stock units of common stock granted to director
Shares following transaction
39,387 shares
Director’s direct holdings after RSU award
Transaction price per share
$0.00 per share
Reported grant price for RSUs
Key Terms
restricted stock units, RSUs, 2024 Stock Incentive Plan, vest
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted under First Industrial's 2024 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents the right to receive one share of First Industrial common stock upon vesting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2024 Stock Incentive Plan financial
"RSUs granted under First Industrial's 2024 Stock Incentive Plan."
vest financial
"The RSUs vest upon the earlier of (i) the first anniversary of grant or (ii) the Company's next annual stockholder meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.