HIGHWOODS PROPERTIES, INC. Insider Trading Activity
HIGHWOODS PROPERTIES, INC. executive Brian M. Leary, EVP & COO, reported a mixed equity compensation transaction involving the company’s common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,815 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
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