Every Form 4 that First Industrial Realty Trust, Inc. (FR) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow FR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FR filings page.
MUSIL SCOTT A reported disposition transactions in this Form 4 filing.
Scott A. Musil, Chief Financial Officer of First Industrial Realty Trust, reported two non-market restructuring transactions. He transferred 2,603 LP Units in First Industrial L.P. to a spouse/former spouse as part of a marital dissolution settlement, and those securities are no longer beneficially owned by him; he directly holds 89,995 LP Units afterward. Separately, 2,175 shares of Common Stock previously reported as indirectly owned as UTMA custodian for his child are no longer reported after the child reached the age of majority, and he disclaims beneficial ownership and any pecuniary interest in those shares.
First Industrial Realty Trust Inc. director Frank E. Schmitz reported a compensation grant of 2,293 LP Units in First Industrial L.P. under the company’s 2024 Stock Incentive Plan. These LP Units vest at the next annual stockholder meeting where directors are elected.
Once vested and after receiving certain allocations, each LP Unit can automatically convert into a common unit of limited partnership interest in First Industrial L.P., which in turn may be converted on a one-for-one basis into shares of the company’s Common Stock. Following this grant, Schmitz holds 2,293 LP Units directly.
FIRST INDUSTRIAL REALTY TRUST INC director Teresa Bryce Bazemore received a grant of 2,419 LP Units in First Industrial L.P. as a compensation award under the company’s 2024 Stock Incentive Plan. These LP Units carry a zero dollar exercise price.
Once vested and after receiving certain allocations, each LP Unit will automatically convert into one common unit of limited partnership interest in First Industrial L.P., which in turn may be converted into one share of the company’s Common Stock. The LP Units vest on the earlier of the first anniversary of the grant or the company’s next annual stockholder meeting at which directors are elected. Following this grant, Bazemore directly holds 14,526 LP Units.
FIRST INDUSTRIAL REALTY TRUST INC director H. Patrick Hackett Jr. received a grant of 2,419 LP Units in First Industrial L.P. at a price of $0.00 per unit as equity compensation. Following this award, he holds 16,572 LP Units directly.
The LP Units were granted under the company’s 2024 Stock Incentive Plan. Once vested and after receiving certain allocations, each LP Unit automatically converts into one common unit of limited partnership interest in First Industrial L.P., which in turn may be converted into one share of the company’s Common Stock.
The LP Units vest upon the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting at which directors are elected, aligning the director’s compensation with long-term shareholder interests.
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.
Smith Marcus L. reported acquisition or exercise transactions in this Form 4 filing.
First Industrial Realty Trust director Marcus L. Smith received an equity award of 2,419 LP Units. These units were granted under the company’s 2024 Stock Incentive Plan and are a form of non-cash compensation.
The LP Units vest on the earlier of the first anniversary of grant or the company’s next annual stockholder meeting at which directors are elected. After this grant, Smith holds a total of 9,855 LP Units, which may ultimately be convertible into an equal number of common units and then shares of Common Stock on a one-for-one basis at each step.
FIRST INDUSTRIAL REALTY TRUST INC director Denise Olsen reported receiving an award of 2,419 LP Units of First Industrial L.P. under the company’s 2024 Stock Incentive Plan. These units were granted at no cash cost and increase her direct LP Unit holdings to 16,572.
Each vested LP Unit can automatically convert one-for-one into a common unit of limited partnership interest in First Industrial L.P., which in turn may be converted into one share of the company’s Common Stock on a one-for-one basis. The LP Units vest upon the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting at which directors are elected.
FIRST INDUSTRIAL REALTY TRUST INC executive Peter Schultz, EVP - East Region, reported two Form 4 transactions involving bona fide gifts of common stock on 2026-02-19. He disposed of a total of 200 shares at $0.0000 per share as gifts to his adult children, and after these transfers he directly owned 95,274 common shares.
First Industrial Realty Trust reported equity-based awards for its Chief Financial Officer on a Form 4. The filing shows the CFO received 23,570 common units of limited partnership interest ("LP Units") in First Industrial, L.P. on 01/01/2026, upon vesting of Performance Units originally issued on January 1, 2023 under the 2014 Stock Incentive Plan. Each LP Unit may be converted into one share of the company’s common stock.
In addition, the CFO was granted 6,834 LP Units in First Industrial, L.P. under the 2024 Stock Incentive Plan. These LP Units vest in three equal installments on January 1, 2027, January 1, 2028 and January 1, 2029. Once vested and after receiving certain allocations, each LP Unit can ultimately convert on a one-for-one basis into a share of common stock.
First Industrial Realty Trust Inc reported equity-related transactions by its president and CEO. On January 1, 2026, the executive received 97,329 common units of limited partnership interest (LP Units) in First Industrial, L.P. upon the vesting of Performance Units that were originally issued on January 1, 2023 under the company’s 2014 Stock Incentive Plan. Each LP Unit in First Industrial, L.P. may be converted into one share of the company’s common stock.
On the same date, the executive was also granted 28,407 LP Units in First Industrial, L.P. under the company’s 2024 Stock Incentive Plan at a price of $0. These LP Units vest in three equal installments on January 1, 2027, 2028 and 2029. Once vested and after receiving certain allocations, each such LP Unit can ultimately be converted, through an intermediate common unit of limited partnership interest, into one share of common stock.
First Industrial Realty Trust Inc. reported an insider equity award for its Chief Investment Officer on a Form 4. The officer received 40,446 common units of limited partnership interest (LP Units) in First Industrial, L.P. upon vesting of Performance Units that were originally issued on January 1, 2023 under the company’s 2014 Stock Incentive Plan. Each LP Unit in First Industrial, L.P. may be converted into one share of the company’s common stock.
The officer was also granted 10,896 additional LP Units under the company’s 2024 Stock Incentive Plan. These LP Units vest in three equal installments on January 1, 2027, 2028 and 2029, and, after vesting and certain allocations, can convert into common units of First Industrial, L.P., which may then convert into common stock on a one-for-one basis. The derivative securities are shown with a $0 exercise price, indicating they were granted as equity compensation rather than bought in the open market.
First Industrial Realty Trust Inc. reported an insider equity transaction for its EVP - East Region on January 1, 2026. The executive received 24,341 common units of limited partnership interest (LP Units) in First Industrial, L.P. upon vesting of performance units that were originally granted on January 1, 2023 under the company’s 2014 Stock Incentive Plan. Each LP Unit may be converted into one share of the company’s common stock.
On the same date, the executive was also granted 8,226 LP Units under the 2024 Stock Incentive Plan, which are scheduled to vest in three equal installments on January 1, 2027, 2028 and 2029. These LP Units can ultimately convert into common stock on a one-for-one basis after vesting and required allocations.
First Industrial Realty Trust reported an equity award transaction involving its General Counsel, who is an officer of the company. On January 1, 2026, the officer received 13,342 common units of limited partnership interest (LP Units) in First Industrial, L.P. upon vesting of Performance Units that were granted on January 1, 2023 under the company’s 2014 Stock Incentive Plan. Each LP Unit may be converted into one share of the company’s common stock.
On the same date, the officer was also granted 3,240 additional LP Units under the 2024 Stock Incentive Plan. These LP Units vest in three equal installments on January 1, 2027, 2028 and 2029 and, after certain conditions and conversions within First Industrial, L.P., may ultimately be converted on a one-for-one basis into shares of common stock. Following these transactions, the officer reported beneficial ownership of 31,156 and then 34,396 derivative securities, held directly.
First Industrial Realty Trust Inc. Chief Financial Officer reported a change in ownership of company securities. On 12/17/2025, the reporting person transferred 65,023 shares of Common Stock at a price of $0, leaving 13,625 shares beneficially owned directly afterward. The filing states this was a transfer to a spouse or former spouse as part of a marital dissolution settlement and that these securities are no longer beneficially owned by the reporting person.
The report also shows a related change in derivative securities. It lists 49,563 units of limited partnership interest (LP Units) in First Industrial L.P., which are linked one-for-one to common units and ultimately to shares of Common Stock. Following this transaction, the reporting person directly beneficially owned 62,194 derivative securities.
First Industrial Realty Trust Inc. reported insider stock sales by its Chief Investment Officer on a Form 4. The officer, filing as one reporting person, disclosed two open-market sales of the company’s common stock on 12/17/2025. Each sale involved 340 shares, one at a price of $58.39 per share and the other at $58.3401 per share.
The transactions involved shares held indirectly, with ownership reported as "By Self as UGMA Custodian for Grandchild." Following these sales, the officer reported continued indirect beneficial ownership of 3,770 shares of First Industrial Realty Trust common stock in these custodial accounts.