Zander Brian H 4

What Happened
Brian H. Zander, Chief Accounting Officer of W. P. Carey (WPC), received two awards of restricted share units (RSUs) on January 21, 2026 totaling 4,525 RSUs (3,448 RSUs and 1,077 RSUs). The units were granted at $0.00 (no cash paid) and are convertible one-for-one into shares of W. P. Carey common stock upon vesting. This is an award/grant (transaction code A), part of compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: January 21, 2026; filing date: January 23, 2026 (filed within the typical Form 4 reporting window).
• Grant amounts and price: 3,448 RSUs @ $0.00 and 1,077 RSUs @ $0.00; total 4,525 RSUs.
• Vesting: RSUs vest in three equal annual installments on Feb 15 of 2027, 2028 and 2029 (footnote F1).
• Conversion: RSUs convert 1-for-1 into common shares upon vesting.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notes: No 10b5-1 plan, tax-withholding, or sale was reported in this filing excerpt — these were grants of RSUs.

Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale; they generally indicate future potential ownership if the executive remains employed through vesting dates. Because these RSUs vest over time, they are not immediately tradable and should be interpreted as compensation rather than a direct bullish or bearish insider market signal.