Essential Properties (NYSE: EPRT) CFO sells 5,851 shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essential Properties Realty Trust Executive VP and CFO Robert Webb Salisbury sold shares in an open-market transaction. He sold 5,851 shares of Common Stock at a weighted average price of $31.88 per share, with individual sale prices ranging from $31.88 to $31.89. Following this sale, he directly owns 8,310 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,851 shares ($186,530)
Net Sell
1 txn
Insider
Salisbury Robert Webb
Role
Executive VP and CFO
Sold
5,851 shs ($187K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,851 | $31.88 | $187K |
Holdings After Transaction:
Common Stock — 8,310 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did EPRT’s CFO report on this Form 4?
EPRT’s Executive VP and CFO, Robert Webb Salisbury, reported an open-market sale of Common Stock. He sold 5,851 shares in a single transaction, as disclosed in the Form 4 insider trading report.
What type of transaction did the EPRT CFO execute?
The transaction was an open-market sale of Common Stock. The Form 4 identifies it with code “S,” meaning a sale in the open market or a private transaction, and classifies it as a non-derivative equity trade.
Does the EPRT Form 4 mention how sale prices were determined?
Yes. A footnote explains the reported price is a weighted average. The CFO’s shares were sold in multiple transactions within a narrow range of $31.88 to $31.89 per share on the transaction date.