STOCK TITAN

W. P. Carey (NYSE: WPC) director granted 2,824-share annual award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Farrell Peter reported acquisition or exercise transactions in this Form 4 filing.

W. P. Carey Inc. director Peter Farrell received an annual equity award of 2,824 shares of common stock as a grant under the company’s Amended and Restated 2017 Share Incentive Plan. The award was granted at no cash cost to him and is scheduled to vest in full on the first anniversary of the grant date.

The filing shows that after this grant, Farrell directly holds 28,332.318 shares of W. P. Carey common stock. This total includes 294.318 dividend equivalent rights tied to deferred shares under the company’s Deferred Compensation Plan for Non-Employee Directors, with each right economically equivalent to one share. The transaction is compensation-related rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.

Insights

Director received routine stock-based compensation grant, not a market trade.

Director Peter Farrell was granted 2,824 shares of W. P. Carey common stock at a price of $0.00 per share. The footnotes explain this is an annual award of restricted shares under the company’s Amended and Restated 2017 Share Incentive Plan, vesting on the grant anniversary.

The award increases his direct holdings to 28,332.318 shares, including 294.318 dividend equivalent rights under the Deferred Compensation Plan for Non-Employee Directors. Because this is a planned equity grant rather than an open-market buy or sell, it is best viewed as routine director compensation, with no clear directional signal about the stock.

Insider Farrell Peter
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,824 $0.00 --
Holdings After Transaction: Common Stock — 28,332.318 shares (Direct, null)
Footnotes (1)
  1. Represents an annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan, which are scheduled to vest in full on the anniversary of the grant date. The underlying shares of the Issuer's common stock will be paid at the end of the deferral period selected by the reporting person under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Includes 294.318 dividend equivalent rights ("DERs") related to dividends received on deferred shares granted under the Issuer's Deferred Compensation Plan for Non-Employee Directors. These DERs become payable at the end of the deferral period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.
Shares granted 2,824 shares Annual restricted share award to director Peter Farrell
Grant price $0.00 per share Equity compensation grant, not an open-market purchase
Total shares after grant 28,332.318 shares Farrell’s direct W. P. Carey common stock holdings post-transaction
Dividend equivalent rights 294.318 DERs Rights tied to deferred shares; each equal to one common share
restricted shares financial
"Represents an annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Amended and Restated 2017 Share Incentive Plan financial
"annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan"
Deferred Compensation Plan for Non-Employee Directors financial
"under the Issuer's Deferred Compensation Plan for Non-Employee Directors"
dividend equivalent rights ("DERs") financial
"Includes 294.318 dividend equivalent rights ("DERs") related to dividends received on deferred shares"
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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*
Farrell Peter

(Last)(First)(Middle)
C/O W. P. CAREY INC.
ONE MANHATTAN WEST, 395 9TH AVE, 58TH FL

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
W. P. Carey Inc. [ WPC ]
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)
07/01/2026
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
Common Stock07/01/2026A(1)2,824A$0(1)28,332.318(2)D
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
Explanation of Responses:
1. Represents an annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan, which are scheduled to vest in full on the anniversary of the grant date. The underlying shares of the Issuer's common stock will be paid at the end of the deferral period selected by the reporting person under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
2. Includes 294.318 dividend equivalent rights ("DERs") related to dividends received on deferred shares granted under the Issuer's Deferred Compensation Plan for Non-Employee Directors. These DERs become payable at the end of the deferral period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.
Remarks:
/s/ Stephen Gardella, Attorney-in-Fact07/02/2026
** 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)

FAQ

What did WPC director Peter Farrell report in this Form 4 filing?

Peter Farrell reported receiving 2,824 shares of W. P. Carey common stock as a stock grant. The award is an annual grant of restricted shares under the 2017 Share Incentive Plan and counts as compensation, not as an open-market stock purchase or sale.

Is Peter Farrell buying or selling WPC stock in this Form 4?

He is not buying or selling on the open market; he received a grant. The 2,824 shares are an annual restricted share award granted at no cash cost, vesting on the first anniversary of the grant date as part of his director compensation.

How many W. P. Carey (WPC) shares does Peter Farrell hold after this grant?

After the grant, Farrell directly holds 28,332.318 shares of W. P. Carey common stock. This total includes 294.318 dividend equivalent rights tied to deferred shares, each economically equivalent to one share of the company’s common stock.

What are the dividend equivalent rights (DERs) mentioned in the WPC Form 4?

Dividend equivalent rights are credits linked to dividends on deferred shares, each equal in value to one share. Farrell’s holdings include 294.318 DERs under the Deferred Compensation Plan for Non-Employee Directors, which become payable at the end of his selected deferral period.

When do Peter Farrell’s newly granted WPC restricted shares vest?

The 2,824 restricted shares are scheduled to vest in full on the anniversary of the grant date. The underlying common shares will then be paid at the end of the deferral period Farrell selected under W. P. Carey’s Deferred Compensation Plan for Non-Employee Directors.