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Sila Realty (SILA) CEO reports vested and new stock awards, tax withholding

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

Rhea-AI Filing Summary

Sila Realty Trust President and CEO Michael A. Seton reported several stock-based compensation transactions. On February 4, 2026, 43,185 performance-based shares of common stock vested after the compensation committee confirmed that performance goals for the period ending December 31, 2025 were achieved.

To cover income taxes from this vesting, 17,274 shares were withheld at a price of $24.44 per share. Seton also received 48,404 restricted shares as a new time-based 2026 award, which will vest 25% annually starting January 2, 2027, assuming continued employment. Following these transactions, he directly holds 290,876 common shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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
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*
Seton Michael A

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

(Street)
TAMPA FL 33602

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sila Realty Trust, Inc. [ SILA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/04/2026 A 43,185(1) A $0 259,746 D
Common Stock 02/04/2026 F 17,274(2) D $24.44 242,472 D
Common Stock 02/04/2026 A 48,404(3) A $0 290,876 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
Remarks:
/s/ Michael A. Seton 02/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did SILA CEO Michael Seton report on February 4, 2026?

Michael Seton reported vesting of 43,185 performance-based shares, withholding of 17,274 shares for taxes at $24.44 each, and a grant of 48,404 time-based restricted shares. After these transactions, he directly owns 290,876 shares of Sila Realty Trust common stock.

How many Sila Realty Trust (SILA) shares does the CEO own after these Form 4 transactions?

After the reported transactions, Michael Seton directly owns 290,876 shares of Sila Realty Trust common stock. This reflects the net result of vested performance awards, tax withholding of 17,274 shares, and the grant of 48,404 new restricted shares under the company’s equity plan.

What are the key details of the performance-based stock awards reported by SILA’s CEO?

The filing shows 43,185 performance-based shares earned and vested for the period ending December 31, 2025. Achievement of the required performance criteria was confirmed by the compensation committee on February 4, 2026, triggering issuance of the shares and related tax withholding.

Why were 17,274 SILA shares withheld in Michael Seton’s Form 4 filing?

The 17,274 shares were withheld to satisfy Michael Seton’s income tax obligations related to the vesting of his performance-based equity awards. These shares were effectively surrendered at $24.44 per share in connection with the issuance of the vested performance-based stock.

What is the structure of the Time-Based 2026 Award granted to SILA’s CEO?

The Time-Based 2026 Award consists of 48,404 restricted common shares. These shares will vest in 25% annual installments starting January 2, 2027, subject to Michael Seton’s continued employment and the terms of the Amended and Restated 2014 Restricted Share Plan and award agreement.

What roles does Michael Seton hold at Sila Realty Trust (SILA) according to the Form 4?

According to the Form 4, Michael Seton is both a director and the President and Chief Executive Officer of Sila Realty Trust, Inc. These roles are indicated by the checked boxes identifying him as a director and officer, with his officer title listed as President and CEO.
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