Mastandrea Christine J 4

What Happened
Christine J. Mastandrea, President and Chief Operating Officer of Whitestone REIT (WSR), received a grant of 18,525 restricted common share units (RSUs) on April 1, 2026. The award is reported as an "A" (award/grant) transaction at $0.00 per unit (no cash exchanged). The award value is not listed as a dollar amount in the Form 4; it was granted under the company’s long-term equity incentive program.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-06 (filed 5 days after the transaction; appears to be a late Form 4 filing).
• Transaction code: A (award/grant); Amount: 18,525 restricted common share units; Price: $0.00.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: F1 — Represents restricted common share units granted pursuant to the Company’s 2018 Long-Term Equity Incentive Ownership Plan.
• No 10b5-1 plan, tax withholding, or open-market sale/purchase indicated in this filing.

Context
RSUs are compensation awards that typically convert into common shares if and when they vest; they are not an open‑market purchase and do not by themselves signal a buy/sell decision by the insider. Grants like this are common for executive compensation and retention. The late filing may be a procedural matter — investors tracking insider activity should note timing but avoid assuming intent from awards alone.