STOCK TITAN

Sila Realty (SILA) CFO’s 131,297 shares cancelled and cashed out at $30.38

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

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 Neely Kay C.
Role EVP CFO Treasurer & Secretary
Type Security Shares Price Value
Disposition Common Stock 131,297 $30.38 $3.99M
Holdings After Transaction: Common Stock — 0 shares (Direct, null)
Footnotes (1)
  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 (the "SEC") on May 22, 2026. 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.
Shares disposed 131,297 shares Common and unvested restricted stock cancelled at Effective Time
Cash per share $30.38 per share Cash consideration for each cancelled share under Merger Agreement
Shares after transaction 0 shares Total shares beneficially owned following issuer disposition
Correct prior beneficial ownership 131,297 shares Corrected figure for earlier Form 4 as of prior transactions
Transaction date July 1, 2026 Date of issuer disposition of common stock
Merger Agreement financial
"in accordance with the terms of the Merger Agreement as defined and disclosed"
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.
restricted stock financial
"Represents shares of common stock and unvested restricted stock that were cancelled"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
beneficial ownership financial
"incorrectly reported the Reporting Person's beneficial ownership as 131,540 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
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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*
Neely Kay C.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP CFO Treasurer & Secretary
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)131,297(2)D$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 (the "SEC") on May 22, 2026.
2. 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.
/s/ Kay C. Neely07/01/2026
** 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) report for Neely Kay C.?

Sila Realty Trust reported that executive Neely Kay C. disposed of 131,297 shares of common and unvested restricted stock. The shares were cancelled and converted into a cash right at $30.38 per share under the company’s Merger Agreement.

Was the Sila Realty Trust (SILA) Neely Kay C. transaction an open-market sale?

No, the transaction was a disposition to the issuer, not an open-market sale. Shares were cancelled and exchanged for a cash entitlement of $30.38 per share in connection with Sila Realty Trust’s Merger Agreement terms.

What price per share did Neely Kay C. receive in the Sila Realty Trust (SILA) transaction?

Each share in the transaction was converted into a right to receive $30.38 in cash. This price applied to both common stock and unvested restricted stock cancelled at the effective time of the company’s Merger Agreement.

How many Sila Realty Trust (SILA) shares does Neely Kay C. report holding after the transaction?

After the transaction, Neely Kay C. reported owning zero Sila Realty Trust shares. All 131,297 shares of common and unvested restricted stock were cancelled and converted into a cash right under the Merger Agreement.

What correction to prior beneficial ownership did Sila Realty Trust (SILA) disclose for Neely Kay C.?

The filing corrects a prior Form 4 that overstated her beneficial ownership as 131,540 shares. It clarifies that the correct total beneficial ownership following the earlier transactions was 131,297 shares before the current disposition.