W. P. Carey (WPC) director Rhonda Gass awarded 396 shares as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GASS RHONDA reported acquisition or exercise transactions in this Form 4 filing.
W. P. Carey Inc. director Rhonda Gass received an award of 396 shares of common stock valued at $69.39 per share. The shares were granted under the company’s Non-Employee Director Stock Election Plan in lieu of director fees and will be paid at the end of the deferral period she selected.
After this award, she directly holds a total of 11,428 common shares. Her holdings also include 135 dividend equivalent rights related to deferred shares under the Deferred Compensation Plan for Non-Employee Directors, with each right economically equivalent to one common share and payable at the end of her chosen deferred period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GASS RHONDA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 396 | $69.39 | $27K |
Holdings After Transaction:
Common Stock — 11,428 shares (Direct)
Footnotes (1)
- Represents the Issuer's common stock in the form of shares granted under the Issuer's Non-Employee Director Stock Election Plan in lieu of director fees pursuant to the director's election, which will be paid at the end of the deferral period selected by the reporting person. Includes 135 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 deferred period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.
Key Figures
Shares granted: 396 shares
Grant price per share: $69.39 per share
Total shares after transaction: 11,428 shares
+1 more
4 metrics
Shares granted
396 shares
Common stock award in lieu of director fees on April 1, 2026
Grant price per share
$69.39 per share
Valuation used for the common stock grant to the director
Total shares after transaction
11,428 shares
Director’s direct W. P. Carey common stock holdings following the grant
Dividend equivalent rights
135 DERs
Rights tied to deferred shares, each equal to one common share
Key Terms
Non-Employee Director Stock Election Plan, Deferred Compensation Plan for Non-Employee Directors, dividend equivalent rights ("DERs")
3 terms
Non-Employee Director Stock Election Plan financial
"shares granted under the Issuer's Non-Employee Director Stock Election Plan in lieu of director fees"
Deferred Compensation Plan for Non-Employee Directors financial
"deferred shares granted under the Issuer's Deferred Compensation Plan for Non-Employee Directors"
dividend equivalent rights ("DERs") financial
"Includes 135 dividend equivalent rights ("DERs") related to dividends received on deferred shares"
FAQ
What insider transaction did W. P. Carey (WPC) director Rhonda Gass report?
Director Rhonda Gass reported receiving 396 shares of W. P. Carey common stock as a grant. The award was made in lieu of director fees under the Non-Employee Director Stock Election Plan and reflects routine, compensation-related share issuance rather than an open-market purchase or sale.
What are the dividend equivalent rights (DERs) reported for W. P. Carey (WPC)?
The filing notes 135 dividend equivalent rights, or DERs, tied to deferred shares for Rhonda Gass. Each DER is economically equal to one W. P. Carey common share and becomes payable at the end of the deferral period she selected, mirroring dividends on those deferred shares.
Is the W. P. Carey (WPC) Form 4 transaction an open-market trade?
No, the transaction is classified as a grant or award acquisition, not an open-market trade. The 396 shares were issued under the Non-Employee Director Stock Election Plan in lieu of cash director fees, reflecting scheduled compensation rather than discretionary buying or selling in the market.