Kimco Realty (KIM) director reports Form 4 gift of 40,123 shares
Rhea-AI Filing Summary
Kimco Realty Corp director reports an insider stock gift. A director of Kimco Realty Corp (symbol KIM) filed a Form 4 disclosing a gift of 40,123 shares of common stock on 01/01/2026, coded as a gift transaction at a price of $0.00 per share.
The gifted shares were an interest in an LLC transferred to the reporting person's immediate family members for no consideration. After this transaction, the director reports beneficial ownership of 40,942 shares indirectly through the LLC, 83,495 shares held directly, 85,000 shares held through an IRA, and 10,000 shares held through a testamentary trust, reflecting multiple forms of indirect and direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| Gift | Common Stock | 40,123 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Kimco Realty (KIM) disclose in this Form 4?
The filing reports that a director of Kimco Realty Corp (KIM) made a gift of 40,123 shares of common stock on 01/01/2026, coded as a gift transaction at $0.00 per share.
Does the Kimco Realty director still control the LLC after the gift?
Yes. The disclosure notes that following the transaction, the reporting person remained the sole manager of the LLC and may be deemed to beneficially own the securities held by the LLC.
What is the relationship of the reporting person to Kimco Realty Corp?
The reporting person is identified as a Director of Kimco Realty Corp, and the Form 4 is filed by one reporting person.
Was the Kimco Realty Form 4 filed under a Rule 10b5-1 trading plan?
The form includes a checkbox for indicating a Rule 10b5-1(c) plan, but the provided content does not indicate that this box was selected for the reported gift transaction.