SITE Centers (NYSE: SITC) CAO reports 141-share tax-withholding disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SITE Centers Corp. senior vice president and chief accounting officer Scott Jeffrey Alexander reported a Form 4 transaction involving company common shares. On February 22, 2026, he disposed of 141 common shares at $6.65 per share to cover tax withholding obligations, a non‑open‑market transaction coded as a tax-withholding disposition. After this transaction, he directly owned 12,993.965 common shares of SITE Centers.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scott Jeffrey Alexander
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 141 | $6.65 | $937.65 |
Holdings After Transaction:
Common Shares — 12,993.965 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SITC executive Scott Jeffrey Alexander report?
Scott Jeffrey Alexander reported a tax-related disposition of SITE Centers common shares. He transferred 141 shares at $6.65 per share to satisfy withholding obligations, leaving him with 12,993.965 directly owned shares after the Form 4 transaction on February 22, 2026.
What does transaction code “F” mean in the SITC Form 4 filing?
Transaction code “F” in the Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, it identifies the 141-share disposition as a tax-withholding event, not a standard open-market buy or sell transaction.
Is the SITC insider transaction categorized as a buy or a sell?
The transaction is categorized as a disposition related to tax withholding, not a traditional buy or sell. The Form 4 uses code “F” and describes it as payment of tax liability by delivering securities, distinguishing it from regular market purchases or sales.