STOCK TITAN

Sila Realty Trust (SILA) director fully cashed out 30,376 shares at $30.38 in merger

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sila Realty Trust, Inc. director Jonathan Kuchin reported a disposition of common stock in connection with a merger. A total of 30,376 shares of common and unvested restricted stock were cancelled and converted into the right to receive $30.38 per share in cash at the merger’s Effective Time. Following this cash-out transaction, Kuchin held no shares of Sila Realty Trust common stock directly. This was a disposition to the issuer under the merger terms, not an open‑market sale.

Positive

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Insider Kuchin Jonathan
Role null
Type Security Shares Price Value
Disposition Common Stock 30,376 $30.38 $923K
Holdings After Transaction: Common Stock — 0 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares disposed 30,376 shares Common and unvested restricted stock cancelled in merger
Cash per share $30.38 per share Cash consideration for each cancelled share at Effective Time
Post-transaction holdings 0 shares Total common shares held directly after disposition
Transaction code D (Disposition to issuer) Reported on Form 4 as non-derivative transaction
unvested restricted stock financial
"Represents shares of common stock and unvested restricted stock that were cancelled"
Merger Agreement regulatory
"in accordance with the terms of the Merger Agreement as defined"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
Effective Time regulatory
"converted into the right to receive an amount in cash equal to $30.38 per share at the Effective Time"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
Proxy Statement regulatory
"as defined and disclosed in the Company's Proxy Statement filed"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kuchin Jonathan

(Last)(First)(Middle)
1001 WATER STREET
SUITE 800

(Street)
TAMPA FLORIDA 33602

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sila Realty Trust, Inc. [ SILA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026D(1)30,376D$30.380D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock and unvested restricted stock that were cancelled and converted into the right to receive an amount in cash equal to $30.38 per share at the Effective Time in accordance with the terms of the Merger Agreement as defined and disclosed in the Company's Proxy Statement filed with the Securities and Exchange Commission on May 22, 2026.
/s/ Kay C. Neely, Attorney-In-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sila Realty Trust (SILA) director Jonathan Kuchin report?

Jonathan Kuchin reported a disposition of Sila Realty Trust common stock. His common and unvested restricted shares were cancelled in a merger and converted into cash, reflecting a transaction with the issuer rather than an open‑market trade.

How many Sila Realty Trust (SILA) shares did Jonathan Kuchin dispose of?

Jonathan Kuchin disposed of 30,376 shares of Sila Realty Trust common stock. The shares included both vested common stock and unvested restricted stock that were cancelled and cashed out under the merger agreement’s terms at the Effective Time.

What price per share did Jonathan Kuchin receive for his SILA shares?

He received a cash amount equal to $30.38 per share. This per‑share cash consideration applied to both his common stock and unvested restricted stock when they were cancelled under the merger agreement at the Effective Time.

Was Jonathan Kuchin’s SILA transaction an open-market sale?

No, the transaction was a disposition to the issuer, not an open‑market sale. His shares were cancelled and converted into the right to receive cash under the merger agreement, rather than being sold on a stock exchange.

How many Sila Realty Trust (SILA) shares does Jonathan Kuchin hold after this transaction?

After the disposition, Jonathan Kuchin reported owning zero shares of Sila Realty Trust common stock directly. The Form 4 shows total shares following the transaction as 0.0000, indicating a full cash‑out of his reported direct holdings.

What triggered the cancellation of Jonathan Kuchin’s SILA shares?

The cancellation was triggered by a merger governed by a Merger Agreement. At the Effective Time, his common and unvested restricted stock were cancelled and converted into cash consideration as described in the company’s proxy statement filed on May 22, 2026.