Plymouth Industrial REIT Board Member Boosts Stake to 43,270 Shares
Rhea-AI Filing Summary
Plymouth Industrial REIT director Richard J. DeAgazio received a grant of 6,269 shares of restricted stock on June 20, 2025. Following this transaction, DeAgazio's direct ownership increased to 43,270 shares.
Key details of the restricted stock grant:
- Granted under the Third Amended and Restated 2014 Incentive Award Plan
- Vesting occurs at the earlier of: - First anniversary of grant date - Date of next annual stockholder meeting
- Acquisition price: $0
The Form 4 was filed by Anne A. Hayward as attorney-in-fact for DeAgazio on June 23, 2025, within the required reporting timeline. This equity award appears to be part of the company's regular director compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,269 shares
Net Buy
1 txn
Insider
DeAgazio Richard J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,269 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 43,270 shares (Direct)
Footnotes (1)
- F1. Represents shares of restricted stock granted to the reporting person under the Plymouth Industrial REIT, Inc. Third Amended and Restated 2014 Incentive Award Plan, which vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the annual meeting of stockholders immediately following the grant date.
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FAQ
What is the vesting schedule for PLYM's restricted stock grant to DeAgazio?
The restricted stock grant vests on the earlier of: (i) the first anniversary of the grant date (June 20, 2026) or (ii) the date of the annual meeting of stockholders immediately following the grant date.
What is Richard DeAgazio's role at PLYM?
According to the Form 4 filing, Richard DeAgazio serves as a Director of Plymouth Industrial REIT, Inc.