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Insider Trends: Acadia Realty Trust Insider Receives Stock Award, Buy Trend Intact

05/07/2021 12:25

04:18 PM EDT, 05/07/2021 (MT Newswires) -- On May 06, 2021, Lynn C Thurber, Director, was awarded 10,288 Acadia Realty Trust (AKR) shares having an approximate value of $222,632 based on the daily closing price. Thurber, subsequent to the transactions described in the SEC Form 4 filing, has 51,248 shares of the company, which have a market value of $1.11 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 12 insider transactions reported to the SEC for Acadia Realty Trust. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 46 company shares. This compares with the preceding 90-day window of time where there was 1 transaction from 1 insider which resulted in the disposition of 3,500 shares.

This level of insider transactions is below that of the peer group average in the 32-company Retail REITs peer group over the last 90-day period. Activity in the peer group averaged 94.1 transactions per company, with company insiders acquiring on average 9,176,163 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/899629/000120919121030894/xslF345X03/doc4.xml

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