Insider Trends: Acadia Realty Trust Insider Gets Stock Award Retains Shares, Interrupts 90-Day Selling Trend
04:15 PM EDT, 05/07/2021 (MT Newswires) -- William T Spitz, Director, was awarded 9,746 Acadia Realty Trust (AKR) shares May 06, 2021 which had an approximate daily closing price value of $210,903. After the Form 4 filing with the SEC, Spitz owns 68,469 shares of company stock, with a market value, based on the prior-day closing price, of $1.48 million.
During the most recent 90-day period, prior to the date of this filing, there have been 9 insider transactions reported to the SEC for Acadia Realty Trust. These transactions came from the activities of 5 different insiders that resulted in a net disposition of 20,258 company shares. In the preceding 90-day window of time, there was 1 transaction from 1 insider that resulted in the disposition of 3,500 shares.
This level of insider transactions is less than the peer group average in the 32-company Retail REITs peer group over the last 90-day period. Peer group activity averaged 94.0 transactions per company, with company insiders acquiring on average 9,176,143 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/899629/000120919121030887/xslF345X03/doc4.xml
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