Sila Realty CFO shares cashed out at $30.38
Sila Realty Trust executive vice president, CFO, treasurer and secretary Neely Kay C. reported an issuer disposition of 131,297 shares of common and unvested restricted stock.
Rhea-AI Filing Summary
Sila Realty Trust executive vice president, CFO, treasurer and secretary Neely Kay C. reported an issuer disposition of 131,297 shares of common and unvested restricted stock. These shares were cancelled and converted into the right to receive $30.38 per share in cash under the company’s Merger Agreement, leaving her with no shares reported as of this transaction. The filing also corrects a prior Form 4, clarifying that earlier beneficial ownership was 131,297 shares rather than 131,540.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 131,297 | $30.38 | $3.99M |
Footnotes (2)
- F1. 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 (the "SEC") on May 22, 2026.
- F2. Due to an administrative error, the Form 4 filed by the Reporting Person with the SEC on February 6, 2026 reporting transactions that occurred on February 4, 2026 incorrectly reported the Reporting Person's beneficial ownership as 131,540 shares. The correct total beneficial ownership following such transactions was 131,297.
Key Figures
Key Terms
Merger Agreement financial
restricted stock financial
beneficial ownership financial
disposition to issuer financial
FAQ
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What insider transaction did Sila Realty Trust (SILA) report for Neely Kay C.?
Was the Sila Realty Trust (SILA) Neely Kay C. transaction an open-market sale?
What correction to prior beneficial ownership did Sila Realty Trust (SILA) disclose for Neely Kay C.?
AI-generated analysis. How Rhea-AI works. Not financial advice.