[Form 4] HIGHWOODS PROPERTIES, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HIGHWOODS PROPERTIES, INC. executive Brian M. Leary, EVP & COO, reported a mixed equity compensation transaction involving the company’s common stock. He received an award of 43,400 shares of restricted stock that includes both time-based vesting over four years and total return-based vesting tied to performance levels.
In a related move, 8,815 shares were disposed of through a tax-withholding transaction, where a portion of the vested restricted stock was tendered back to the issuer to satisfy tax liabilities. After these transactions, Leary directly owned 179,688 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leary Brian M
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,815 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 188,503 shares (Direct)
Footnotes (1)
- Consists of time-based restricted stock granted by the Company that vests ratably over four years on March 1st of each year after the grant date and total return-based restricted stock granted by the Company that vests at the end of the applicable measurement period to the extent actual performance exceeds certain levels of performance. In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of tax liabilities.