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Highwoods Properties (NYSE: HIW) director receives 3,566-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LLOYD ANNE H reported acquisition or exercise transactions in this Form 4 filing.

HIGHWOODS PROPERTIES, INC. director Anne H. Lloyd received a grant of 3,566 shares of common stock on May 14, 2026 as compensation. The award is structured as time-based restricted stock that is scheduled to vest on May 14, 2027. Following this grant, she holds 23,348 common shares directly, reflecting a routine equity-based incentive rather than an open-market purchase.

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Insider LLOYD ANNE H
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,566 $0.00 --
Holdings After Transaction: Common Stock — 23,348 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 3,566 shares Time-based award on May 14, 2026
Post-transaction holdings 23,348 shares Common stock directly held after grant
Grant price $0.00 per share Compensation grant, no purchase price paid
Vesting date May 14, 2027 Time-based restricted stock vesting schedule
restricted stock financial
"Consists of time-based restricted stock that is scheduled to vest on May 14, 2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
time-based financial
"Consists of time-based restricted stock that is scheduled to vest on May 14, 2027."
Form 4 regulatory
"The Form 4 classifies it under code A, meaning a grant or award acquisition."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition regulatory
"The Form 4 classifies it under code A, meaning a grant, award, or other acquisition."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LLOYD ANNE H
(Last)(First)(Middle)
150 FAYETTEVILLE STREET, SUITE 1400
(Street)
RALEIGH NORTH CAROLINA 27601
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
HIGHWOODS PROPERTIES, INC. [ HIW ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)05/14/202605/14/2026A3,566A$0.0023,348D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of time-based restricted stock that is scheduled to vest on May 14, 2027.
Remarks:
/s/ Jeffrey D. Miller Attorney in fact for Anne H. Lloyd05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did HIGHWOODS PROPERTIES (HIW) report for Anne H. Lloyd?

HIGHWOODS PROPERTIES reported that director Anne H. Lloyd received 3,566 shares of common stock as a grant. The award is time-based restricted stock, scheduled to vest on May 14, 2027, and represents equity compensation rather than an open-market stock purchase.

Was Anne H. Lloyd’s HIW stock grant an open-market purchase or compensation award?

The transaction was a compensation award, not an open-market purchase. The Form 4 classifies it under code A, meaning a grant or award acquisition, and the 3,566 shares are time-based restricted stock that vest on May 14, 2027.

How many HIGHWOODS PROPERTIES (HIW) shares does Anne H. Lloyd hold after this grant?

After the grant, Anne H. Lloyd directly holds 23,348 shares of HIGHWOODS PROPERTIES common stock. This total includes the newly granted 3,566 time-based restricted shares, which are scheduled to vest on May 14, 2027 according to the Form 4 filing.

When will Anne H. Lloyd’s restricted HIW stock from this grant vest?

The 3,566 shares of restricted stock granted to Anne H. Lloyd are scheduled to vest on May 14, 2027. Until that vesting date, the shares remain subject to time-based restrictions as part of HIGHWOODS PROPERTIES’ equity compensation structure for directors.

What does Form 4 code A mean in the HIGHWOODS PROPERTIES (HIW) filing?

Code A on Form 4 indicates a grant, award, or other acquisition of securities. In this HIGHWOODS PROPERTIES filing, it shows that Anne H. Lloyd received 3,566 shares of common stock as a time-based restricted stock award, rather than buying them on the open market.