Weisbaum Michele R. 4
4 · INDEPENDENCE REALTY TRUST, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Independence Realty Trust (IRT) GC Michele Weisbaum Forfeits 1,542 Shares
What Happened Michele R. Weisbaum, General Counsel of Independence Realty Trust, forfeited 1,542 shares on March 1, 2026 to satisfy tax withholding related to the vesting of stock. The shares were valued at $16.57 each, for a total of $25,551. This was a tax-withholding disposal (code F) rather than an open-market sale.
Key Details
- Transaction date and price: 2026-03-01 at $16.57 per share.
- Shares involved: 1,542 shares forfeited; total value ≈ $25,551.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — forfeiture undertaken solely to satisfy a tax withholding liability related to vesting.
- Timeliness: Filing dated 2026-03-03 for a 2026-03-01 transaction (timely Form 4 filing).
Context This was a routine tax-withholding event (transaction code F) tied to the vesting of equity and does not necessarily indicate a decision to sell shares on the open market. For retail investors, tax-related forfeitures are administrative and generally less informative about the insider’s view of the company than outright purchases or open-market sales.
Insider Transaction Report
- Tax Payment
Common stock
[F1]2026-03-01$16.57/sh−1,542$25,551→ 18,080 total
Footnotes (1)
- [F1]This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.