Independence Realty Trust (IRT) CAO updates holdings after tax share forfeiture
Rhea-AI Filing Summary
Independence Realty Trust, Inc. executive Jason R. Delozier, the company’s Chief Accounting Officer, reported an annual update of his share holdings on a Form 5. On January 2, 2026, 2,125 shares of common stock were forfeited at a reference price of $17.48 per share under transaction code F, which is used when shares are withheld to cover taxes. According to the filing, this forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person. After this tax-related forfeiture, Delozier beneficially owned 44,549 shares of common stock, held directly.
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FAQ
What did Independence Realty Trust (IRT) disclose in this Form 5 filing?
The filing reports Chief Accounting Officer Jason R. Delozier’s annual beneficial ownership update, including a tax-related forfeiture of 2,125 shares of common stock on January 2, 2026 and his resulting holdings of 44,549 shares.
How many Independence Realty Trust (IRT) shares were forfeited by Jason R. Delozier?
Delozier had 2,125 shares of common stock forfeited on January 2, 2026 at a reference price of $17.48 per share, reported under transaction code F.
Why were shares of Independence Realty Trust (IRT) forfeited in this Form 5?
The footnote explains that the 2,125-share forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.
How many Independence Realty Trust (IRT) shares does Jason R. Delozier own after this transaction?
Following the tax-related forfeiture, Jason R. Delozier beneficially owned 44,549 shares of IRT common stock, held directly.
What is Jason R. Delozier’s role at Independence Realty Trust (IRT)?
Jason R. Delozier is identified in the filing as an officer of Independence Realty Trust, serving as the company’s Chief Accounting Officer.
What does transaction code F mean in this Independence Realty Trust (IRT) Form 5?
Transaction code F indicates that the 2,125 shares of common stock were withheld or forfeited to cover a tax withholding obligation arising from the vesting of equity awards.