Terreno Realty Corp Insider Trading Activity
Terreno Realty Corp reported that President and Director Michael A. Coke earned 29,890 shares of common stock as part of a previously granted long-term incentive award.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Terreno Realty Corp reported that President and Director Michael A. Coke earned 29,890 shares of common stock as part of a previously granted long-term incentive award. These shares relate to the Company’s Long-Term Incentive Plan covering performance from January 1, 2023 to December 31, 2025. Instead of receiving the shares now, the reporting person elected to defer all of them into the Terreno Realty Corporation Deferred Compensation Plan, and they are reflected as indirectly held through a Rabbi Trust, with a reported balance of 204,830 indirectly owned shares after this transaction. Separately, the filing shows 412,415 shares of common stock held directly following the reported transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value per share | 29,890 | $0.00 | $0.00 |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Footnotes (1)
- F1. A total of 29,890 shares of common stock of Terreno Realty Corporation (the "Company") were earned in respect of an award previously granted under the Company's Long-Term Incentive Plan for the performance period from January 1, 2023 to December 31, 2025. The reporting person elected to defer receipt of all such earned shares pursuant to the Terreno Realty Corporation Deferred Compensation Plan.
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