Director David Stockert of Rexford (NYSE: REXR) granted 4,855 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STOCKERT DAVID P reported acquisition or exercise transactions in this Form 4 filing.
Rexford Industrial Realty, Inc. director David P. Stockert received a grant of 4,855 shares of restricted common stock as compensation under the company’s Non-Employee Director Compensation Program. After this award, he directly holds 11,684 common shares. The restricted stock will vest in full on the earlier of the next annual shareholder meeting following the May 19, 2026 grant date or May 19, 2027, subject to his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STOCKERT DAVID P
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 — 11,684 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 4,855 shares
Shares held after grant: 11,684 shares
Grant price per share: $0.00 per share
+2 more
5 metrics
Restricted stock grant
4,855 shares
Common stock awarded to director on May 19, 2026
Shares held after grant
11,684 shares
Total direct common stock holdings post-transaction
Grant price per share
$0.00 per share
Compensation award, no cash paid by reporting person
Earliest vesting date
Next annual meeting
Earlier of next annual meeting or May 19, 2027
Final vesting deadline
May 19, 2027
Full vesting date if still serving as director
Key Terms
restricted common stock, Non-Employee Director Compensation Program, vest in full, grant date
4 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
"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.
FAQ
What insider transaction did Rexford Industrial (REXR) report for David P. Stockert?
Rexford Industrial reported that director David P. Stockert received 4,855 shares of restricted common stock as a compensation grant. The award was issued at no cash cost to him under the company’s Non-Employee Director Compensation Program.
What program governs David P. Stockert’s restricted stock grant at Rexford (REXR)?
The restricted shares were issued under Rexford Industrial Realty, Inc.’s Non-Employee Director Compensation Program. This program provides equity awards to outside directors, with vesting conditioned on continued board service through specified dates or the next annual meeting.