Gebert sells 500 Independence Realty Trust (NYSE: IRT) shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert reported an open-market sale of company common stock. He sold 500 shares at a price of $16.75 per share and held 42,569 shares directly after the transaction. The trade was executed under a pre-set Rule 10b5-1(c) trading plan adopted on December 3, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 500 shares ($8,375)
Net Sell
1 txn
Insider
Gebert Richard D
Role
null
Sold
500 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 500 | $16.75 | $8K |
Holdings After Transaction:
Common stock — 42,569 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price: $16.75 per share
Shares held after sale: 42,569 shares
+2 more
5 metrics
Shares sold
500 shares
Open-market sale of common stock
Sale price
$16.75 per share
Price for 500 IRT common shares sold
Shares held after sale
42,569 shares
Direct ownership following the transaction
Net share change
-500 shares
Net sell direction from transaction summary
Transaction date
July 1, 2026
Date of reported open-market sale
Key Terms
Rule 10b5-1(c) plan, open-market sale, Form 4
3 terms
Rule 10b5-1(c) plan regulatory
"The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025"
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
What insider transaction did IRT director Richard D. Gebert report on this Form 4?
IRT director Richard D. Gebert reported selling 500 shares of Independence Realty Trust common stock. The sale was an open-market transaction at $16.75 per share and was disclosed as a routine insider trade on Form 4 for regulatory transparency.
Was Richard D. Gebert’s IRT stock sale made under a Rule 10b5-1 trading plan?
Yes. The filing notes the sale was made pursuant to a Rule 10b5-1(c) trading plan adopted on December 3, 2025. Such pre-arranged plans automate trades, reducing the informational significance of the precise timing of this 500-share open-market sale.
Does the IRT Form 4 indicate whether this was an open-market sale or another type of transaction?
The Form 4 identifies the transaction as an open-market or private sale of common stock. It uses transaction code “S,” indicating a sale, and describes the action as an open-market sale, providing clarity about how the 500 IRT shares were disposed of.