Scott Schaeffer - Feb 26, 2024 Form 4 Insider Report for INDEPENDENCE REALTY TRUST, INC. (IRT)

Role
Chair of Board & CEO, Director
Signature
James J. Sebra, attorney-in-fact
Stock symbol
IRT
Transactions as of
Feb 26, 2024
Transactions value $
-$525,219
Form type
4
Date filed
2/28/2024, 06:02 PM
Previous filing
Jan 3, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRT Common Stock Award $0 +184K +28.99% $0.00 820K Feb 26, 2024 Direct F1
transaction IRT Common Stock Award $0 +45.6K +5.56% $0.00 866K Feb 26, 2024 Direct
transaction IRT Common Stock Tax liability -$525K -36.3K -4.19% $14.48 829K Feb 26, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired relate to performance share units for which performance outcomes were certified on 2/26/24. These shares vest 50% on 2/26/24 and 50% on 1/1/25.
F2 This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.