Rexford COO covers taxes with 127 share surrender
Rexford Industrial Realty, Inc. Chief Operating Officer John Nahas reported a small tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
Rexford Industrial Realty, Inc. Chief Operating Officer John Nahas reported a small tax-related share disposition. On June 13, 2026, he surrendered 127 shares of common stock at $35.09 per share to cover tax withholding due when 355 restricted shares vested. This was not an open-market sale but a payment mechanism tied to equity compensation. Following the transaction, Nahas directly owned 23,133 common shares and also held 25,190 LTIP Units, a class of limited partnership units in the company’s operating partnership.
Insider Trade Summary
Exercise Price or Tax Liability: 127 shares
Exercise Price or Tax Liability
1 txn
Insider
Nahas John
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 127 | $35.09 | $4K |
Holdings After Transaction:
Common Stock, par value $0.01 — 23,133 shares (Direct)
Footnotes (2)
- F1. Represents Common Stock surrendered to the Issuer as payment of tax withholding due upon vesting of 355 shares of restricted common stock on June 13, 2026.
- F2. The Reporting Person also owns 25,190 LTIP Units. LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership of the Issuer.
Key Figures
Shares surrendered for tax: 127 shares
Price per surrendered share: $35.09 per share
Shares following transaction: 23,133 shares
+2 more
5 metrics
Shares surrendered for tax
127 shares
Tax withholding on vested restricted stock, June 13, 2026
Price per surrendered share
$35.09 per share
Value used for tax-withholding disposition
Shares following transaction
23,133 shares
Direct common stock held by COO after transaction
LTIP Units held
25,190 LTIP Units
Limited partnership units in operating partnership also owned
Vested restricted shares
355 shares
Restricted common stock vesting that triggered tax withholding
Key Terms
tax withholding, restricted common stock, LTIP Units, limited partnership units
4 terms
tax withholding financial
"payment of tax withholding due upon vesting of 355 shares of restricted common stock"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted common stock financial
"upon vesting of 355 shares of restricted common stock on June 13, 2026"
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.
LTIP Units financial
"The Reporting Person also owns 25,190 LTIP Units. LTIP Units are a class of limited partnership units"
LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.
limited partnership units financial
"LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P."
Limited partnership units are ownership shares in a partnership where most investors act as passive partners with liability limited to what they invested. They represent a right to a portion of the partnership's income and capital, while day-to-day control is handled by an active manager; think of it like owning a condo unit in a building run by a management company. Investors care because the units determine how much income they receive and how exposed they are to business risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rexford (REXR) COO John Nahas report in this Form 4?
John Nahas reported surrendering 127 common shares of Rexford Industrial Realty to cover tax withholding on vested restricted stock. This is a compensation-related event, not an open-market trade, and leaves his core equity position largely unchanged.
Was the Rexford (REXR) COO’s Form 4 a stock sale in the market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 127 shares were surrendered back to the issuer to pay taxes on 355 vested restricted shares, a common administrative step for equity awards.
What are the LTIP Units mentioned in the Rexford (REXR) Form 4?
The Form 4 notes that John Nahas holds 25,190 LTIP Units. These are a class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership, and generally provide economic rights aligned with the company’s performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
