Terreno Realty Corp (NYSE: TRNO) CFO granted 12,081 restricted shares
Rhea-AI Filing Summary
Terreno Realty Corp CFO Jaime Jackson Cannon reported two equity-related events. On August 4, 2026, he received a grant of 12,081 shares of restricted common stock that will fully vest on August 1, 2031. On August 3, 2026, 3,730 shares were surrendered to the issuer at $71.70 per share as a payment of exercise price or tax liability in connection with the vesting of 7,332 restricted shares. As of August 3, 2026, 73,202 shares were held indirectly in a Rabbi Trust.
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Insights
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Insider Trade Summary
Net Buyer: 8,351 shares
Net Buy
3 txns
Insider
Cannon Jaime Jackson
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value per share F2 | 12,081 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value per share F1 | 3,730 | $71.70 | $267K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 118,389 shares (Direct);
Common Stock, $0.01 par value per share — 73,202 shares (Indirect, Rabbi Trust)
Footnotes (2)
- F1. Represents Common Stock surrendered to the Issuer due upon vesting of 7,332 shares of restricted common stock on August 3, 2026
- F2. Represents shares of restricted stock granted to the Reporting Person that will fully vest on August 1, 2031
Key Figures
Restricted stock grant: 12,081 shares
Grant vesting date: August 1, 2031
Shares surrendered: 3,730 shares
+3 more
6 metrics
Restricted stock grant
12,081 shares
Grant of restricted common stock to the CFO on August 4, 2026
Grant vesting date
August 1, 2031
Date when the 12,081 restricted shares will fully vest
Shares surrendered
3,730 shares
Common stock surrendered to the issuer on August 3, 2026 upon vesting of restricted stock
Surrender price
$71.70 per share
Price applied to the 3,730 shares surrendered to the issuer
Restricted shares vested
7,332 shares
Restricted common shares whose vesting led to the share surrender
Indirect holdings
73,202 shares
Common stock held indirectly in a Rabbi Trust as of August 3, 2026
Key Terms
restricted stock, Rabbi Trust, payment of exercise price or tax liability
3 terms
restricted stock financial
"Represents shares of restricted stock granted to the Reporting Person"
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.
Rabbi Trust financial
"Indirect ownership is reported as held through a Rabbi Trust"
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
payment of exercise price or tax liability financial
"Transaction code description: Payment of exercise price or tax liability"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Terreno Realty (TRNO) report for its CFO?
Terreno Realty reported that CFO Jaime Jackson Cannon received a grant of 12,081 restricted shares on August 4, 2026 and surrendered 3,730 shares to the issuer on August 3, 2026 as part of a tax or exercise-price related transaction.
Were the TRNO CFO’s transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not marked, so the reported transactions were not affirmatively identified as being executed under a pre-arranged Rule 10b5-1 trading plan for Terreno Realty stock.