Stock grants and tax withholding for W. P. Carey (NYSE: WPC)
Rhea-AI Filing Summary
W. P. Carey Inc. managing director Gregory Jeremiah reported equity compensation activity in company common stock. On February 6, 2026, he acquired 5,846 shares at $0 upon vesting of performance share units originally granted on January 24, 2023. On the same date, 2,440 shares were withheld at $71.21 per share to cover tax liabilities related to this vesting and settlement. Following these transactions, he directly held 96,705.789 shares of W. P. Carey common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did WPC officer Gregory Jeremiah report on February 6, 2026?
He reported vesting and tax-related share withholding transactions involving W. P. Carey common stock. Performance share units vested for 5,846 shares at $0, and 2,440 shares were withheld at $71.21 to satisfy tax liabilities, leaving him with 96,705.789 shares owned directly.
How many W. P. Carey (WPC) shares did Gregory Jeremiah receive from performance share vesting?
He received 5,846 W. P. Carey common shares from the vesting of performance share units. These units were granted on January 24, 2023, with a three-year performance cycle, and the underlying shares are paid at the end of the deferral period he selected.
Why were 2,440 W. P. Carey (WPC) shares withheld from Gregory Jeremiah?
The 2,440 shares were withheld to pay tax liabilities arising from the vesting and settlement of performance stock units. The withholding occurred at a price of $71.21 per share, reducing the number of newly delivered shares he retained after the award vested.
What is Gregory Jeremiah’s W. P. Carey (WPC) shareholding after these Form 4 transactions?
After the reported transactions, he directly owned 96,705.789 shares of W. P. Carey common stock. This balance reflects both the 5,846 shares received from vesting and the 2,440 shares withheld to cover related tax obligations on February 6, 2026.
Were these WPC Form 4 transactions open-market purchases or sales?
No, the transactions were equity compensation-related, not open-market trades. Shares were acquired at $0 upon performance share unit vesting, and a portion was withheld at $71.21 per share solely to satisfy associated tax liabilities, as described in the filing footnotes.
What award from January 24, 2023 affected this W. P. Carey (WPC) Form 4 filing?
The filing relates to performance share units granted on January 24, 2023 with a three-year performance cycle. Upon vesting, underlying common shares became payable at the end of a deferral period selected by Gregory Jeremiah, triggering the reported share delivery and tax withholding.