Getty Realty (NYSE: GTY) CEO awarded 62,500 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTANT CHRISTOPHER J reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONSTANT CHRISTOPHER J
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 62,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 387,000 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 did Getty Realty (GTY) CEO Christopher J. Constant report on this Form 4?
Christopher J. Constant reported receiving a grant of 62,500 Restricted Stock Units (RSUs). These units represent a form of equity-based compensation that can be settled in shares of Getty Realty common stock or cash, depending on Compensation Committee discretion and future vesting.
How do the 62,500 RSUs granted to Getty Realty (GTY) CEO vest?
The 62,500 RSUs vest ratably over five years, beginning on the first anniversary of the grant date. Vesting generally requires continued service, though unvested units fully vest upon termination without cause or death, and may vest upon retirement at the Compensation Committee’s discretion.
Can Getty Realty (GTY) RSUs granted to the CEO be settled in cash instead of stock?
Yes. Each RSU may be settled in either one share of Getty Realty common stock or in cash equal to the share’s fair market value. The Compensation Committee decides the settlement form, which occurs within 30 days after each applicable vesting date.
Did the Getty Realty (GTY) CEO pay anything for the 62,500 RSUs received?
No. The filing states that the RSUs were received by the reporting person for no consideration. This indicates the award was part of compensation, not a purchase, and did not require the CEO to pay cash to acquire the units.
How many Restricted Stock Units does the Getty Realty (GTY) CEO hold after this grant?
After this grant, Christopher J. Constant directly holds 387,000 Restricted Stock Units. This total includes the newly awarded 62,500 RSUs and reflects his aggregate RSU-based equity position as reported following the March 2, 2026 transaction.
What events can accelerate vesting of Getty Realty (GTY) CEO RSUs?
Unvested RSUs fully vest if service terminates without cause or upon death. Additionally, the Compensation Committee may decide to vest RSUs upon retirement, subject to the company’s incentive plan and the applicable grant agreement terms governing such awards.