Director at Kite Realty (NYSE: KRG) sells 5,922 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kite Realty Group Trust director Steven P. Grimes reported an open-market sale of 5,922 common shares at a price of $27.25 per share. After this transaction, he continues to hold 696,384 common shares directly, indicating this was a relatively small reduction in his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,922 shares ($161,375)
Net Sell
1 txn
Insider
Grimes Steven P
Role
null
Sold
5,922 shs ($161K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 5,922 | $27.25 | $161K |
Holdings After Transaction:
Common Shares — 696,384 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,922 shares
Sale price: $27.25 per share
Shares held after sale: 696,384 shares
3 metrics
Shares sold
5,922 shares
Open-market sale on May 26, 2026
Sale price
$27.25 per share
Common Shares transaction
Shares held after sale
696,384 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Shares, Form 4, transaction code S
4 terms
open-market sale financial
"reported an open-market sale of 5,922 common shares"
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
"recorded on May 26, 2026, as a routine Form 4 insider trading disclosure"
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.
transaction code S regulatory
"It is classified as an open-market sale, not a purchase, under SEC transaction code S."
FAQ
What insider transaction did KRG director Steven P. Grimes report?
Director Steven P. Grimes reported an open-market sale of 5,922 Kite Realty Group Trust common shares. The transaction was recorded on May 26, 2026, as a routine Form 4 insider trading disclosure.
Was the KRG insider transaction a buy or a sell?
The transaction reported by Steven P. Grimes was a sale of Kite Realty Group Trust common shares. It is classified as an open-market sale, not a purchase, under SEC transaction code S.
What does transaction code S mean for the KRG Form 4 filing?
Transaction code S on the Kite Realty Group Trust Form 4 indicates a sale in the open market or a private transaction. In this case, it reflects Steven P. Grimes disposing of 5,922 common shares.