Nearly $1M SL Green (NYSE: SLG) stock sale planned by Harrison Sitomer
Rhea-AI Filing Summary
SL GREEN REALTY CORP (SLG) received a Rule 144 amendment notice relating to planned sales of its common stock by Harrison Sitomer through Fidelity Brokerage Services LLC. The notice covers the potential sale of 16,887 shares of common stock, with an indicated aggregate market value of $988,299.12, compared with 70,849,907 shares outstanding and listing on the NYSE.
The securities to be sold arise from restricted stock vesting on 01/01/2025, identified as compensation from the issuer. The amendment clarifies that Harrison Sitomer sold shares of SL Green Realty Corp. and did not sell shares of SL Green Operating Partnership, L.P.
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Key Figures
Shares to be sold: 16,887 shares of common stock
Aggregate market value: $988,299.12
Shares outstanding: 70,849,907 shares
+3 more
6 metrics
Shares to be sold
16,887 shares of common stock
Number of SL Green Realty Corp. shares covered by the Rule 144 notice
Aggregate market value
$988,299.12
Aggregate market value of 16,887 shares to be sold
Shares outstanding
70,849,907 shares
Shares of SL Green Realty Corp. common stock outstanding
Vesting date
01/01/2025
Restricted stock vesting date for the compensation shares
Planned sale date reference
08/20/2026
Date associated with the securities information and proposed sale
Date of notice
08/21/2026
Date on which the Rule 144 amendment notice was signed
Key Terms
Rule 144, restricted stock vesting, aggregate market value, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 01/01/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 16887 | 988299.12"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as a duly authorized representative of ... as attorney-in-fact for Harrison Sitomer"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144/A amendment disclose for SLG?
It discloses a Rule 144 notice for a planned sale of 16,887 SL Green Realty Corp. common shares by Harrison Sitomer via Fidelity Brokerage Services LLC, arising from restricted stock vesting on 01/01/2025, with an aggregate market value of $988,299.12.
What clarification does the amendment provide regarding the securities sold?
The amendment states that Harrison Sitomer sold shares of SL Green Realty Corp. and did not sell shares of SL Green Operating Partnership, L.P.. It specifies the issuer whose securities are involved in the Rule 144 sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.