Sila Realty (SILA) CFO Neely gains stock awards and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sila Realty Trust EVP and CFO Kay C. Neely reported equity compensation and related tax share withholding in Common Stock. On February 4, 2026, Neely received 18,508 performance-based shares that had been earned and vested for the period ending December 31, 2025, at a price of $0 per share. On the same date, 7,403 shares were withheld at $24.44 per share to cover income tax obligations tied to that vesting. Neely also received a new grant of 23,404 restricted shares, called the Time-Based 2026 Award, at $0 per share, which is scheduled to vest in 25% installments annually starting January 2, 2027, subject to continued employment and plan terms. After these transactions, Neely directly owned 131,540 shares of Sila Realty Trust Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Neely Kay C.
Role
EVP,CFO, Treasurer & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,508 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,403 | $24.44 | $181K |
| Grant/Award | Common Stock | 23,404 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 115,539 shares (Direct)
Footnotes (1)
- These shares were performance-based equity incentive awards that have been earned and vested for the performance period ending December 31, 2025, based on the achievement of certain performance criteria established, the achievement of which was confirmed by the compensation committee of the board of directors on February 4, 2026. These shares were withheld to satisfy the reporting person's income tax obligations in connection with the issuance of the shares related to the vesting of the reporting person's performance-based equity incentive awards described in the immediately above line item. These restricted shares of Common Stock (the "Time-Based 2026 Award") were granted to the reporting person, which, subject to the reporting person's continuous employment through the applicable vesting dates, with certain exceptions, will vest 25% annually commencing on January 2, 2027. The Time-Based 2026 Award was granted under and subject to the terms of the Amended and Restated 2014 Restricted Share Plan and an award agreement.
FAQ
What insider transactions did SILA executive Kay C. Neely report on February 4, 2026?
Kay C. Neely reported three Common Stock transactions on February 4, 2026. These included 18,508 performance-based shares vesting, 7,403 shares withheld for taxes, and a new grant of 23,404 time-based restricted shares under Sila Realty Trust’s equity plan.
What are the terms of the Time-Based 2026 Award reported by SILA’s CFO?
The Time-Based 2026 Award is a grant of 23,404 restricted Sila Realty Trust shares. It vests 25% annually starting January 2, 2027, subject to Kay C. Neely’s continuous employment, with certain exceptions, and is governed by the Amended and Restated 2014 Restricted Share Plan and an award agreement.