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Vivmark director granted 18,559 stock options

Vivmark Residential (VMRK) reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options to buy Common Shares of Beneficial Interest.

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Form Type
4

Rhea-AI Filing Summary

Vivmark Residential (VMRK) reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options to buy Common Shares of Beneficial Interest. The options have an exercise price of $63.66 per share, become exercisable on August 17, 2027, and expire on August 17, 2036. The grant represents compensation for prospective service from August 17, 2026 through the 2027 Annual Meeting of Shareholders, and Neithercut now holds 18,559 options directly.

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Insider NEITHERCUT DAVID J
Role Director
Type Security Shares Price Value
Grant/Award Non-qualified Stock Option (Right to Buy) F1 18,559 $0.00 $0.00
Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 18,559 contracts (Direct)
Footnotes (1)
  1. F1. Represents share options granted for prospective service from August 17, 2026 to the 2027 Annual Meeting of Shareholders.
Options Granted 18,559 shares Non-qualified stock option grant to director on August 17, 2026
Exercise Price $63.66 per share Conversion or exercise price for the non-qualified stock option grant
Underlying Shares 18,559 shares Common Shares of Beneficial Interest underlying the option grant
Exercise Date August 17, 2027 Date on which the options become exercisable
Expiration Date August 17, 2036 Expiration date of the non-qualified stock option grant
Total Options After Transaction 18,559 options Total options held directly by the director following this grant
Non-qualified Stock Option financial
"security_title: "Non-qualified Stock Option (Right to Buy)""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"conversion_or_exercise_price: "63.6600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-08-17""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Shares Of Beneficial Interest financial
"underlying_security_title: "Common Shares Of Beneficial Interest""
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

FAQ

What insider transaction did Vivmark Residential (VMRK) report for David J. Neithercut?

Vivmark Residential reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options. These options relate to Common Shares of Beneficial Interest and constitute compensation for prospective board service through the 2027 Annual Meeting of Shareholders.

What is the exercise price of the options granted to the VMRK director?

The options granted to the Vivmark Residential director have an exercise price of $63.66 per share. This price applies to each of the 18,559 underlying common shares that may be purchased upon exercise during the option term.

When do David J. Neithercut’s Vivmark Residential (VMRK) options become exercisable?

The options granted to David J. Neithercut become exercisable on August 17, 2027. After this date, he may purchase up to 18,559 common shares at the fixed exercise price of $63.66 per share before the options expire.

When do the newly granted Vivmark Residential (VMRK) options expire?

The non-qualified stock options granted to the director expire on August 17, 2036. After that expiration date, any unexercised portion of the 18,559-share option grant will no longer be exercisable or hold any value.

How many Vivmark Residential (VMRK) options does David J. Neithercut hold after this grant?

Following this grant, David J. Neithercut holds 18,559 Vivmark Residential options directly. This figure equals the full size of the reported non-qualified stock option award covering 18,559 underlying Common Shares of Beneficial Interest.

What service period is covered by the VMRK stock option grant to the director?

The option grant represents compensation for prospective service from August 17, 2026 through the 2027 Annual Meeting of Shareholders. The footnote clarifies that this service window is the basis for the non-qualified stock option award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NEITHERCUT DAVID J

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 400

(Street)
CHICAGO ILLINOIS 60606

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VIVMARK RESIDENTIAL [ VMRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-qualified Stock Option (Right to Buy)$63.6608/17/2026A18,559(1)08/17/202708/17/2036Common Shares Of Beneficial Interest18,559$018,559D
Explanation of Responses:
1. Represents share options granted for prospective service from August 17, 2026 to the 2027 Annual Meeting of Shareholders.
/s/ Samantha Thompson, Attorney-in-fact08/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)