SL Green (NYSE: SLG) director sells 5,004 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SL Green Realty Corp director Carol N. Brown sold 5,004 shares of common stock in an open-market transaction. The shares were sold at an average price of $36.325 per share. Following this sale, Brown reported holding 0 shares of SL Green common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,004 shares ($181,770)
Net Sell
1 txn
Insider
Brown Carol N
Role
Director
Sold
5,004 shs ($182K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,004 | $36.325 | $182K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 5,004 shares
Sale price per share: $36.325 per share
Shares after transaction: 0 shares
+1 more
4 metrics
Shares sold
5,004 shares
Open-market common stock sale on March 30, 2026
Sale price per share
$36.325 per share
Average price for the 5,004 common shares sold
Shares after transaction
0 shares
Total directly held SL Green common shares following the sale
Net buy/sell shares
-5,004 shares
Net result of reported insider trading activity in this Form 4
Key Terms
Form 4, open-market sale, Common Stock, transaction code “S”
4 terms
Form 4 regulatory
"was disclosed on a Form 4 insider filing with the SEC"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 5,004 SL Green common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sold 5,004 shares of SL Green common stock at an average price"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code “S” regulatory
"Transaction code “S” in the Form 4 for SL Green indicates a sale"
FAQ
What insider transaction did SL Green (SLG) director Carol N. Brown report?
Carol N. Brown reported an open-market sale of 5,004 SL Green common shares. The transaction used code “S,” indicating a sale in the open market or a private transaction, and was disclosed on a Form 4 insider filing with the SEC.
What does transaction code “S” mean in the SL Green (SLG) Form 4 filing?
Transaction code “S” in the Form 4 for SL Green indicates a sale in the open market or a private transaction. In this case, it refers to Brown’s sale of 5,004 common shares at an average price of $36.325 per share.
Is the SL Green (SLG) Form 4 transaction a derivative or common stock trade?
The reported SL Green transaction involves non-derivative common stock, not options or other derivatives. Brown’s Form 4 lists a single non-derivative transaction in common stock, with 5,004 shares sold and no accompanying derivative positions disclosed in the derivative summary.