Director at HIGHWOODS PROPERTIES (HIW) granted 3,566 restricted stock units

Rhea-AI Filing Summary

Evans Carlos E reported acquisition or exercise transactions in this Form 4 filing.

HIGHWOODS PROPERTIES, INC. director Carlos E. Evans received a grant of 3,566 shares of common stock as a time-based restricted stock award, with no cash paid per share. These shares are scheduled to vest on May 14, 2027. Following the award, he directly holds 72,899 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Evans Carlos E

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,566	$0.00	--

Holdings After Transaction: Common Stock — 72,899 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 3,566 shares Grant price per share: $0.00 per share Shares held after grant: 72,899 shares +1 more

4 metrics

Restricted stock grant 3,566 shares Time-based restricted common stock awarded to director

Grant price per share $0.00 per share Compensation grant, not open-market purchase

Shares held after grant 72,899 shares Total direct holdings of Carlos E. Evans after transaction

Vesting date May 14, 2027 Scheduled vesting of time-based restricted stock

Key Terms

time-based restricted stock, vest, grant/award acquisition, Form 4

4 terms

time-based restricted stock financial

"Consists of time-based restricted stock that is scheduled to vest on May 14, 2027."

Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.

vest financial

"Consists of time-based restricted stock that is scheduled to vest on May 14, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Evans Carlos E

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	05/14/2026	05/14/2026	A		3,566	A	$0.00	72,899	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Carlos E. Evans	05/18/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did HIGHWOODS PROPERTIES (HIW) report in this Form 4?

HIGHWOODS PROPERTIES reported that director Carlos E. Evans received a grant of 3,566 shares of common stock as restricted stock. The shares were awarded at no cash cost per share and increase his direct holdings to 72,899 shares following the transaction.

Was the HIW insider transaction a market purchase or a stock grant?

The HIW insider transaction was a stock grant, not a market purchase. Director Carlos E. Evans received 3,566 shares of restricted common stock as a grant with a zero dollar price per share, indicating compensation rather than an open-market buy.

When do the restricted shares granted to the HIW director vest?

The restricted shares granted to the HIW director are scheduled to vest on May 14, 2027. Until vesting, they are subject to time-based restrictions, meaning the director typically must remain in service through that date to receive full ownership.

How many HIW shares does Carlos E. Evans hold after this Form 4 grant?

After this Form 4 grant, Carlos E. Evans directly holds 72,899 shares of HIGHWOODS PROPERTIES common stock. This total includes the newly granted 3,566 restricted shares that vest over time, reflecting his updated reported ownership position.

Does the HIW Form 4 show any insider sales or disposals of shares?

The HIW Form 4 does not show any insider sales or disposals. It reports only an acquisition of 3,566 restricted shares by director Carlos E. Evans as a grant or award, with no corresponding sale or tax-withholding disposition disclosed in this filing.