Rexford Industrial Realty (REXR) director awarded 4,855 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MORRIS DEBRA L reported acquisition or exercise transactions in this Form 4 filing.
Rexford Industrial Realty director Debra L. Morris received a grant of 4,855 shares of restricted common stock. The award was issued under the company’s Non-Employee Director Compensation Program as compensation, at no cash cost to her.
Following this grant, she directly holds 20,766 shares of Rexford Industrial Realty common stock. The restricted shares will vest in full on the earlier of the next annual meeting after the grant date or on May 19, 2027, as long as she continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORRIS DEBRA 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 — 20,766 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 4,855 shares
Holdings after grant: 20,766 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
4,855 shares
Restricted common stock awarded to Debra L. Morris on May 19, 2026
Holdings after grant
20,766 shares
Total common stock directly held by Debra L. Morris after transaction
Grant price per share
$0.0000 per share
Reported transaction price for the restricted stock award
Vesting date
May 19, 2027
Latest possible full vesting date for the restricted shares, subject to service
Key Terms
restricted common stock, Non-Employee Director Compensation Program, vest in full, grant, award, or other acquisition
4 terms
restricted common stock financial
"Represents shares of restricted common stock issued to the Reporting Person pursuant to the Rexford Industrial Realty, Inc."
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, which will vest in full"
vest in full financial
"which will vest in full on the earlier of (i) the date of the next annual meeting following the grant date"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Rexford Industrial Realty (REXR) director Debra L. Morris report in this Form 4?
Debra L. Morris reported receiving 4,855 shares of restricted common stock in a compensation grant. The shares were awarded at no cash cost to her under Rexford Industrial Realty’s Non-Employee Director Compensation Program, increasing her direct holdings to 20,766 shares after the grant.
What type of transaction is reported for Rexford Industrial Realty (REXR) on May 19, 2026?
The filing reports a grant or award acquisition of 4,855 shares of restricted common stock on May 19, 2026. This is coded as an “A” transaction, indicating a compensation-related award rather than an open-market purchase or sale by director Debra L. Morris.
What is the Non-Employee Director Compensation Program at Rexford Industrial Realty (REXR) mentioned in the filing?
The Non-Employee Director Compensation Program provides equity compensation, including restricted common stock, to Rexford Industrial Realty’s outside directors. In this case, it granted 4,855 restricted shares to director Debra L. Morris, which will fully vest after specified service-based conditions are satisfied.