Director at Generation Income (GIPR) awarded 31,250 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adams Benjamin reported acquisition or exercise transactions in this Form 4 filing.
GENERATION INCOME PROPERTIES, INC. director Benjamin Adams reported an equity compensation grant of common stock. He received 31,250 restricted stock units of common stock at $0.00 per share as a grant or award, not an open-market purchase or sale.
The grant was made under the company’s 2020 Omnibus Incentive Plan and these restricted stock units are scheduled to vest on March 31, 2026. After this grant, Adams directly holds 64,476 shares of the company’s common stock, reflecting his total direct position reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Benjamin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,476 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 31,250 restricted stock units
Grant price per share: $0.00 per share
Shares held after grant: 64,476 shares
+1 more
4 metrics
RSUs granted
31,250 restricted stock units
Equity grant to Benjamin Adams on March 31, 2025
Grant price per share
$0.00 per share
Restricted stock unit award under 2020 Omnibus Incentive Plan
Shares held after grant
64,476 shares
Total direct common stock holdings following transaction
Vesting date
March 31, 2026
Scheduled vesting for 31,250 restricted stock units
Key Terms
restricted stock units, 2020 Omnibus Incentive Plan, Grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents grant of restricted stock units under the Generation Income Properties, Inc. 2020 Omnibus 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.
2020 Omnibus Incentive Plan financial
"under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan that will vest on March 31, 2026"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did GIPR director Benjamin Adams report?
Benjamin Adams reported an acquisition of equity compensation, receiving 31,250 restricted stock units of GENERATION INCOME PROPERTIES, INC. common stock at $0.00 per share as a grant or award, not an open-market trade.
What type of equity award did GIPR grant to Benjamin Adams?
GENERATION INCOME PROPERTIES, INC. granted Benjamin Adams 31,250 restricted stock units of common stock under its 2020 Omnibus Incentive Plan, representing a stock-based compensation award rather than a cash transaction.
When will Benjamin Adams’s 31,250 GIPR restricted stock units vest?
The 31,250 restricted stock units granted to Benjamin Adams will vest on March 31, 2026, as disclosed in the footnote describing the terms of the equity award under the 2020 Omnibus Incentive Plan.
Was Benjamin Adams’s GIPR Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition with transaction code A for 31,250 restricted stock units at $0.00 per share, indicating a compensation grant rather than an open-market purchase or sale.