W. P. Carey (WPC) grants stock and multi-year RSU awards to MD Brooks
Rhea-AI Filing Summary
W. P. Carey Inc. Managing Director Gordon G. Brooks received equity compensation in the form of common stock and restricted share units. On January 21, 2026, he acquired 7,184 shares of common stock and an additional 2,873 RSU-linked shares at a price of $0 per share as part of compensation awards.
The RSUs were granted under W. P. Carey’s Amended and Restated 2017 Share Incentive Plan and are scheduled to vest in three equal annual installments from February 15, 2027 through February 15, 2029, converting one-for-one into common shares at vesting. Following these transactions, Brooks beneficially owned a total of 169,576.31 shares of common stock, which includes 7,589.9848 shares previously acquired through a dividend reinvestment program. The share balance was also adjusted to correct an administrative error.
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FAQ
What did W. P. Carey (WPC) disclose about Gordon G. Brooks in this Form 4?
The filing shows that Managing Director Gordon G. Brooks received equity compensation on January 21, 2026, including common stock and restricted share units (RSUs) granted under W. P. Carey’s Amended and Restated 2017 Share Incentive Plan.
How many W. P. Carey (WPC) shares did Gordon G. Brooks acquire?
Gordon G. Brooks acquired 7,184 shares of W. P. Carey common stock and an additional 2,873 RSU-related shares, all reported at a price of $0 per share as part of his compensation.
When do Gordon G. Brooks’s W. P. Carey RSUs vest?
The RSUs granted to Gordon G. Brooks are scheduled to vest in three equal annual installments beginning on February 15, 2027 and ending on February 15, 2029, and each RSU converts into one share of common stock.
How many W. P. Carey (WPC) shares does Gordon G. Brooks own after this transaction?
After the reported transactions, Gordon G. Brooks beneficially owned 169,576.31 shares of W. P. Carey common stock, including 7,589.9848 shares previously acquired under a dividend reinvestment program.
What does the dividend reinvestment footnote mean in the WPC Form 4?
The footnote explains that 7,589.9848 of Gordon G. Brooks’s W. P. Carey shares were accumulated earlier through a dividend reinvestment program, where dividends are used to buy additional shares.
Why was there an adjustment mentioned in the W. P. Carey (WPC) Form 4?
The filing notes that the amount has been adjusted to correct an administrative error, indicating a correction to previously reported share totals rather than a new purchase or sale.