Kimco Realty (KIM) director gets 7,720-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COVIELLO PHILIP E JR reported acquisition or exercise transactions in this Form 4 filing.
KIMCO REALTY CORP director Philip E. Coviello Jr. received an award of 7,720 shares of common stock on February 19, 2026. This is a grant of restricted stock, not an open-market purchase.
After the award, he directly owns 91,215 common shares. The restricted stock vests in four equal annual installments beginning on February 13, 2027, meaning portions of the grant will become fully owned over four years. He also has additional indirect holdings through an LLC, an IRA, and a testamentary trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
COVIELLO PHILIP E JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,720 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 91,215 shares (Direct);
Common Stock — 40,942 shares (Indirect, By LLC)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did KIM (Kimco Realty Corp) report for Philip E. Coviello Jr.?
Kimco Realty reported that director Philip E. Coviello Jr. received a grant of 7,720 shares of restricted common stock on February 19, 2026. This was an award, not an open-market purchase or sale, and reflects part of his equity-based compensation.
Is the February 19, 2026 KIM Form 4 a stock purchase or sale by the director?
The Form 4 does not show a market purchase or sale by Philip E. Coviello Jr. It records a grant or award acquisition of 7,720 restricted shares at a price of $0.0000, reflecting equity compensation rather than a cash transaction in the open market.
What indirect holdings in KIM stock does Philip E. Coviello Jr. report on this Form 4?
In addition to direct holdings, the Form 4 lists indirect ownership in Kimco Realty shares through an LLC, an IRA, and a testamentary trust. Reported totals after the transactions are 40,942 shares by LLC, 85,000 shares by IRA, and 10,000 shares by testamentary trust.