Getty Realty (GTY) awards 34,000 RSUs to CFO Brian Dickman
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dickman Brian Robert reported acquisition or exercise transactions in this Form 4 filing.
GETTY REALTY CORP executive Brian Robert Dickman, EVP, CFO & Treasurer, received a grant of 34,000 Restricted Stock Units (RSUs) on March 2, 2026. Following this award, he holds 180,000 RSUs. The RSUs vest in equal installments over five years, generally requiring continued service, and may be settled in either common stock or cash at the Compensation Committee’s discretion. The grant was received for no cash consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dickman Brian Robert
Role
EVP CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 34,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 180,000 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below. RSUs vest ratably over five years commencing on the first anniversary of the date of grant, subject to continued service with the Issuer on each respective vesting date, except that, to the extent unvested, RSUs fully vest upon termination of service without cause or death. RSUs may also vest in the discretion of the Compensation Committee upon retirement from employment, subject to the terms of the Issuer's third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date. The RSUs were received by reporting person for no consideration.
FAQ
What insider transaction did GETTY REALTY CORP (GTY) report for Brian Robert Dickman?
GETTY REALTY CORP reported that EVP, CFO & Treasurer Brian Robert Dickman received a grant of 34,000 Restricted Stock Units. This award increases his total RSU holdings to 180,000, reflecting part of his long-term incentive compensation.
How many Restricted Stock Units did the GTY CFO receive in this Form 4 filing?
The GTY CFO received 34,000 Restricted Stock Units in this transaction. These RSUs were granted for no cash consideration and form part of his equity-based compensation under the company’s omnibus incentive compensation plan.
How do the newly granted GTY RSUs to the CFO vest over time?
The GTY RSUs vest ratably over five years, starting on the first anniversary of the grant date. Vesting generally requires continued service, with accelerated vesting possible upon certain terminations, death, or retirement as defined in the plan and grant agreement.
Can the GTY CFO’s RSUs be settled in cash instead of stock?
Yes, each RSU can be settled in either one share of GTY common stock or cash equal to its fair market value. The Compensation Committee decides the settlement form, generally within thirty days after each applicable vesting date.
Did the GTY CFO pay any cash consideration for the 34,000 RSUs?
No, the GTY CFO did not pay cash for these 34,000 RSUs. The filing specifies that the Restricted Stock Units were received for no consideration, indicating they are a non-cash component of his executive compensation package.
What happens to unvested GTY RSUs if the CFO’s service ends without cause or upon death?
Unvested GTY RSUs fully vest if service ends without cause or upon death. The RSUs may also vest at the Compensation Committee’s discretion upon retirement, subject to the company’s omnibus incentive compensation plan and the specific grant agreement terms.