SL Green Insider Sale — 937 Shares Disposed by Director
Rhea-AI Filing Summary
Carol N. Brown, a director of SL Green Realty Corp (SLG), reported a sale of common stock on 09/11/2025. The report shows 937 shares were disposed of at a price of $63.09 per share, leaving 0 shares beneficially owned following the transaction. The Form 4 was filed by one reporting person and signed by an attorney-in-fact.
Positive
- None.
Negative
- Director disposed of all reported common stock holdings — 937 shares sold, leaving 0 shares beneficially owned
- Only a single non-derivative sale disclosed with no accompanying explanatory detail (e.g., plan or reason) in the filing
Insights
TL;DR: Director sale of 937 shares at $63.09 resulted in no reported holdings; appears to be a routine insider disposition.
The disclosed transaction is a straightforward sale of 937 common shares by a company director at $63.09 per share, leaving the reporting person with zero beneficial ownership in the class. There are no derivative transactions or additional compensatory grants disclosed. From a trading-impact perspective, the sale size is explicitly stated but the filing lacks context on relative size to total outstanding shares or prior holdings, so market impact cannot be assessed from this Form 4 alone.
TL;DR: Director reported full divestiture of reported holdings; filing shows compliance with Section 16 reporting requirements.
The Form 4 documents compliance with Section 16 reporting by reporting a disposal of 937 shares and reporting zero shares owned thereafter. No amendments, derivatives, or planned-trade disclosures are included. The report is procedurally complete for the disclosed non-derivative sale, but it does not indicate motive, use of a rule 10b5-1 plan, or related party arrangements; such details are not present in the filing.