Rexford (REXR) director Angela Kleiman awarded 4,855 restricted shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kleiman Angela L. reported acquisition or exercise transactions in this Form 4 filing.
Rexford Industrial Realty director Angela L. Kleiman received a grant of 4,855 shares of restricted common stock on May 19, 2026 under the company’s Non-Employee Director Compensation Program. The award was issued at no cash cost to her.
The restricted shares will vest in full on the earlier of the next annual shareholder meeting following the grant or May 19, 2027, as long as she continues serving as a director. After this grant, she directly holds 18,780 shares of Rexford Industrial Realty common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kleiman Angela L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 4,855 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 18,780 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 4,855 shares
Grant price: $0.0000 per share
Total shares held after grant: 18,780 shares
+1 more
4 metrics
Restricted shares granted
4,855 shares
Restricted common stock award on May 19, 2026
Grant price
$0.0000 per share
Reported award price for restricted common stock
Total shares held after grant
18,780 shares
Direct holdings after the May 19, 2026 award
Vesting date
May 19, 2027
Latest possible full vesting date for restricted shares
Key Terms
restricted common stock, Non-Employee Director Compensation Program, vest in full, grant date, +1 more
5 terms
restricted common stock financial
"Represents shares of restricted common stock issued to the Reporting Person"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Non-Employee Director Compensation Program financial
"issued to the Reporting Person pursuant to the Rexford Industrial Realty, Inc. Non-Employee Director Compensation Program"
vest in full financial
"which will vest in full on the earlier of (i) the date of the next annual meeting"
grant date financial
"the next annual meeting following the grant date and (ii) the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
continued service financial
"subject to the Reporting Person's continued service"
FAQ
What did Angela L. Kleiman receive in this Rexford (REXR) Form 4 filing?
Angela L. Kleiman received 4,855 shares of restricted common stock as a board compensation grant. The shares were awarded at no cash cost to her and increase her direct holdings to 18,780 Rexford Industrial Realty shares.
What conditions are attached to Angela L. Kleiman’s restricted Rexford (REXR) stock award?
The restricted stock will vest only if Angela L. Kleiman continues serving as a director through the earlier of the next annual shareholder meeting or May 19, 2027. If service ends earlier, unvested shares may not fully vest under the program’s terms.