STOCK TITAN

Independence Realty Trust (IRT) CFO logs stock awards and tax forfeiture in Form 4

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Independence Realty Trust, Inc. (IRT) President and CFO James J. Sebra reported multiple equity transactions in company common stock on February 3, 2026. These were primarily related to performance-based and other share awards and associated tax withholding.

Sebra acquired 53,928 shares of common stock at $0 tied to performance share units whose outcomes were certified on February 3, 2026; these shares vest 50% on February 3, 2026 and 50% on January 1, 2027. He then disposed of 12,382 shares at $16.26 in a forfeiture undertaken solely to satisfy tax withholding liabilities from vesting stock. A further 16,214 shares were acquired at $0. After these transactions, Sebra directly held 410,767 shares of Independence Realty Trust common stock.

Positive

  • None.

Negative

  • None.
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*
Sebra James J

(Last) (First) (Middle)
1835 MARKET STREET
SUITE 2601

(Street)
PHILADELPHIA PA 19103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENCE REALTY TRUST, INC. [ IRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/03/2026 A 53,928(1) A $0 406,935 D
Common Stock 02/03/2026 F 12,382(2) D $16.26 394,553 D
Common Stock 02/03/2026 A 16,214 A $0 410,767 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. Shares acquired relate to performance share units for which performance outcomes were certified on 2/3/26. These shares vest 50% on 2/3/26 and 50% on 1/1/27.
2. This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.
/s/ James J. Sebra 02/05/2026
** 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.

FAQ

What insider transactions did IRT President and CFO James J. Sebra report?

James J. Sebra reported several stock transactions on February 3, 2026. He acquired performance-related and other share awards at $0 per share and forfeited shares at $16.26 solely to cover tax withholding, ending with 410,767 directly owned Independence Realty Trust common shares.

How many Independence Realty Trust (IRT) shares did James J. Sebra acquire in awards?

James J. Sebra acquired 53,928 common shares from performance share units and an additional 16,214 common shares, both at $0 per share. These reflect equity compensation awards, with the performance-based shares vesting in two tranches through early 2027 according to the disclosed vesting schedule.

Why did James J. Sebra forfeit 12,382 IRT shares in this Form 4 filing?

Sebra forfeited 12,382 Independence Realty Trust common shares at $16.26 per share. The filing states this forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock already held by the reporting person, rather than a discretionary open-market sale.

What is the vesting schedule for James J. Sebra’s performance share units at IRT?

The performance share units certified on February 3, 2026 convert into shares that vest in two equal installments. According to the filing, 50% of the related shares vest on February 3, 2026 and the remaining 50% vest on January 1, 2027, reflecting a staggered vesting structure.

How many IRT shares does James J. Sebra own after the reported transactions?

Following the reported February 3, 2026 transactions, James J. Sebra directly owned 410,767 shares of Independence Realty Trust common stock. This figure reflects the combination of equity awards received and shares forfeited to cover tax withholding as disclosed in the Form 4 filing.

What roles does James J. Sebra hold at Independence Realty Trust (IRT)?

James J. Sebra is both a director and an officer at Independence Realty Trust. The Form 4 identifies him as President and Chief Financial Officer, meaning he holds senior executive responsibilities in addition to board service while reporting these equity compensation-related stock transactions.
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REIT - Residential
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United States
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