Terreno Realty (NYSE: TRNO) EVP awarded 12,081-share stock grant
Rhea-AI Filing Summary
Terreno Realty Corp EVP John Tull Meyer reported equity compensation activity. On August 4, 2026, he received a grant of 12,081 shares of restricted common stock, scheduled to fully vest on August 1, 2031. On August 3, 2026, 2,885 shares of common stock were surrendered to the issuer at $71.70 per share upon vesting of 7,332 shares of restricted common stock. He also reports indirect ownership of 67,314 shares held through a Rabbi Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,196 shares
Net Buy
3 txns
Insider
Meyer John Tull
Role
EVP
| 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 | 2,885 | $71.70 | $207K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 136,272 shares (Direct);
Common Stock, $0.01 par value per share — 67,314 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
Shares surrendered: 2,885 shares
Surrender price: $71.70 per share
+2 more
5 metrics
Restricted stock grant
12,081 shares
Grant of restricted common stock to EVP John Tull Meyer on August 4, 2026
Shares surrendered
2,885 shares
Common shares surrendered to issuer on August 3, 2026 upon vesting
Surrender price
$71.70 per share
Per-share value for 2,885 surrendered shares on August 3, 2026
Restricted shares vested
7,332 shares
Restricted common stock vesting on August 3, 2026 linked to share surrender
Indirect Rabbi Trust holdings
67,314 shares
Indirect ownership of common stock reported through a Rabbi Trust
Key Terms
restricted common stock, restricted stock, Rabbi Trust, surrendered to the Issuer
4 terms
restricted common stock financial
"vesting of 7,332 shares of restricted common stock on August 3, 2026"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
restricted stock financial
"shares of restricted stock granted to the Reporting Person that will fully vest"
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 in 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.
surrendered to the Issuer financial
"Represents Common Stock surrendered to the Issuer due upon vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grant did Terreno Realty (TRNO) report for EVP John Tull Meyer?
Meyer received a grant of 12,081 shares of restricted common stock on August 4, 2026. According to the disclosure, these restricted shares are scheduled to fully vest on August 1, 2031, representing a long-term equity incentive tied to future service.
What vesting schedule applies to the new Terreno Realty (TRNO) restricted stock grant?
A footnote states the 12,081-share restricted stock grant to Meyer will fully vest on August 1, 2031. This indicates a long-dated vesting horizon, aligning the compensation award with performance and service over several years.