Sila Realty (SILA) director’s shares cancelled in merger, paid $30.38 cash

Rhea-AI Filing Summary

Sila Realty Trust, Inc. director Ann Mims Verett reported a disposition of 14,795 shares of common stock in connection with a merger. At the Effective Time, these shares, including unvested restricted stock, were cancelled and converted into the right to receive $30.38 per share in cash. Following this transaction, she reported holding 0 shares of Sila Realty Trust common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mims Verett Ann

Role null

Type	Security	Shares	Price	Value
Disposition	Common Stock	14,795	$30.38	$449K

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 14,795 shares Cash per share: $30.38 per share Post-transaction holdings: 0 shares +1 more

4 metrics

Shares disposed 14,795 shares Common stock cancelled and converted to cash at Effective Time

Cash per share $30.38 per share Merger consideration for cancelled common and unvested restricted stock

Post-transaction holdings 0 shares Total Sila Realty Trust common stock held after disposition

Transaction code D (Disposition to issuer) Non-derivative transaction reported on Form 4

Key Terms

restricted stock, Merger Agreement, Effective Time, disposition to issuer

4 terms

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.

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.

disposition to issuer regulatory

"transaction_action": "issuer disposition""

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:09 PM Accepted by SEC EDGAR 07/01/2026 - 04:09 PM Learn about SEC filing dates

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

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^*

Mims Verett Ann

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		D(1)		14,795	D	$30.38	0	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. 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-Fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sila Realty Trust (SILA) report for Ann Mims Verett?

Sila Realty Trust reported that director Ann Mims Verett disposed of 14,795 shares of common stock. These shares were cancelled in a merger and converted into a right to receive cash, rather than being sold on the open market.

At what price were Ann Mims Verett’s Sila (SILA) shares cashed out?

Each share was converted into the right to receive $30.38 in cash at the Effective Time. This amount applied to both common stock and unvested restricted stock subject to the merger terms in the referenced Merger Agreement.

How many Sila Realty Trust shares did Ann Mims Verett hold after the Form 4 transaction?

After the reported transaction, Ann Mims Verett held 0 shares of Sila Realty Trust common stock. All reported common shares and unvested restricted stock were cancelled and exchanged for a cash right under the merger terms.

Was Ann Mims Verett’s Sila (SILA) transaction an open-market sale?

No, it was not an open-market sale. The Form 4 describes a disposition to the issuer where shares were cancelled and converted into cash consideration at $30.38 per share in connection with a merger, rather than sold through the market.

What role did the Merger Agreement play in the Sila (SILA) Form 4 transaction?

The Merger Agreement governed the treatment of Ann Mims Verett’s shares. It required that her common stock and unvested restricted stock be cancelled at the Effective Time and converted into a cash payment of $30.38 per share, as described in the proxy statement.

Did the Sila (SILA) Form 4 include unvested restricted stock for Ann Mims Verett?

Yes. The footnote explains that both common stock and unvested restricted stock were cancelled and converted into a right to receive $30.38 per share in cash at the Effective Time under the merger terms.