AG˹ٷ

STOCK TITAN

[Form 4] SL Green AG˹ٷty Corp. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

SL Green AG˹ٷty Corp. (SLG) � Form 4 filing: Chief Financial Officer Matthew J. DiLiberto reported an insider transaction dated 06/23/2025 involving 19,750 LTIP Units. In accordance with the partnership agreement, each LTIP Unit was converted into a Common Unit and immediately redeemed for cash at $65.01 per unit, generating proceeds of roughly $1.28 million. The transaction is coded “D,� indicating a disposition to the issuer rather than an open-market sale. Following the redemption, the executive still beneficially owns 237,197 derivative units, maintaining a sizable economic interest in the company.

SL Green AG˹ٷty Corp. (SLG) � Deposito Form 4: Il Direttore Finanziario Matthew J. DiLiberto ha comunicato una transazione interna datata 23/06/2025 riguardante 19.750 unità LTIP. In conformità con l'accordo di partnership, ogni unità LTIP è stata convertita in un'unità comune e immediatamente riscattata in contanti a 65,01 $ per unità, generando proventi di circa 1,28 milioni di dollari. La transazione è codificata come “D�, indicando una cessione all'emittente piuttosto che una vendita sul mercato aperto. Dopo il riscatto, il dirigente detiene ancora beneficiariamente 237.197 unità derivati, mantenendo un consistente interesse economico nella società.

SL Green AG˹ٷty Corp. (SLG) � Presentación Formulario 4: El Director Financiero Matthew J. DiLiberto reportó una transacción interna fechada el 23/06/2025 que involucra 19,750 unidades LTIP. De acuerdo con el acuerdo de sociedad, cada unidad LTIP fue convertida en una unidad común y redimida inmediatamente en efectivo a $65.01 por unidad, generando ingresos aproximados de $1.28 millones. La transacción está codificada como “D�, lo que indica una disposición al emisor en lugar de una venta en el mercado abierto. Tras la redención, el ejecutivo aún posee beneficiosamente 237,197 unidades derivadas, manteniendo un interés económico considerable en la compañía.

SL Green AG˹ٷty Corp. (SLG) � Form 4 신고: 최고재무책임� 매튜 J. 디리베르토는 2025� 6� 23일자 내부 거래� 19,750 LTIP 유닛� 보고했습니다. 파트너십 계약� 따라 � LTIP 유닛은 보통� 유닛으로 전환되었�, 즉시 주당 $65.01� 현금으로 상환되어 � 128� 달러� 수익� 창출했습니다. 거래� 'D' 코드� 표시되어 공개 시장 판매가 아닌 발행자에 대� 처분임을 나타냅니�. 상환 후에� 경영진은 여전� 237,197 파생 유닛� 실질적으� 보유하여 회사� 상당� 경제� 이익� 유지하고 있습니다.

SL Green AG˹ٷty Corp. (SLG) � Dépôt du Formulaire 4 : Le Directeur Financier Matthew J. DiLiberto a déclaré une transaction d’initié datée du 23/06/2025 impliquant 19 750 unités LTIP. Conformément à l’accord de partenariat, chaque unité LTIP a été convertie en unité ordinaire puis immédiatement rachetée en espèces au prix de 65,01 $ par unité, générant un produit d’environ 1,28 million de dollars. La transaction est codée « D », indiquant une cession à l’émetteur plutôt qu’une vente sur le marché ouvert. Après ce rachat, le dirigeant détient toujours bénéficiairement 237 197 unités dérivées, conservant ainsi un intérêt économique important dans la société.

SL Green AG˹ٷty Corp. (SLG) � Form 4 Meldung: Finanzvorstand Matthew J. DiLiberto meldete eine Insider-Transaktion vom 23.06.2025, bei der 19.750 LTIP-Einheiten betroffen waren. Gemäß der Partnerschaftsvereinbarung wurde jede LTIP-Einheit in eine Stammaktie umgewandelt und sofort zum Preis von 65,01 $ pro Einheit in bar eingelöst, was Erlöse von etwa 1,28 Millionen $ generierte. Die Transaktion ist mit „D� gekennzeichnet, was auf eine Veräußerung an den Emittenten und nicht auf einen Verkauf am offenen Markt hinweist. Nach der Einlösung besitzt der Geschäftsführer weiterhin wirtschaftlich 237.197 Derivateinheiten und hält damit ein beträchtliches wirtschaftliches Interesse am Unternehmen.

Positive
  • Executive retains 237,197 derivative units, signaling continued alignment with shareholders.
  • No open-market sale; disposition to issuer avoids direct selling pressure on SLG stock.
Negative
  • $1.28 M cash-out of 19,750 LTIP Units could be perceived as insider profit-taking.

Insights

TL;DR: CFO redeemed 19,750 LTIP Units for $1.28 M; still holds 237k units—neutral signal.

The cash redemption indicates the executive monetised a portion of long-term incentive compensation, common near or after vesting dates. Because the units were surrendered to the issuer (code D) rather than sold in the open market, the transaction adds no selling pressure to SLG shares. DiLiberto retains a large position, suggesting continued alignment with shareholders. Size-wise, 19,750 units equal about 8 % of his remaining derivative holdings, modest relative to his stake. Investors should view the event as routine liquidity, not a material strategic shift.

SL Green AG˹ٷty Corp. (SLG) � Deposito Form 4: Il Direttore Finanziario Matthew J. DiLiberto ha comunicato una transazione interna datata 23/06/2025 riguardante 19.750 unità LTIP. In conformità con l'accordo di partnership, ogni unità LTIP è stata convertita in un'unità comune e immediatamente riscattata in contanti a 65,01 $ per unità, generando proventi di circa 1,28 milioni di dollari. La transazione è codificata come “D�, indicando una cessione all'emittente piuttosto che una vendita sul mercato aperto. Dopo il riscatto, il dirigente detiene ancora beneficiariamente 237.197 unità derivati, mantenendo un consistente interesse economico nella società.

SL Green AG˹ٷty Corp. (SLG) � Presentación Formulario 4: El Director Financiero Matthew J. DiLiberto reportó una transacción interna fechada el 23/06/2025 que involucra 19,750 unidades LTIP. De acuerdo con el acuerdo de sociedad, cada unidad LTIP fue convertida en una unidad común y redimida inmediatamente en efectivo a $65.01 por unidad, generando ingresos aproximados de $1.28 millones. La transacción está codificada como “D�, lo que indica una disposición al emisor en lugar de una venta en el mercado abierto. Tras la redención, el ejecutivo aún posee beneficiosamente 237,197 unidades derivadas, manteniendo un interés económico considerable en la compañía.

SL Green AG˹ٷty Corp. (SLG) � Form 4 신고: 최고재무책임� 매튜 J. 디리베르토는 2025� 6� 23일자 내부 거래� 19,750 LTIP 유닛� 보고했습니다. 파트너십 계약� 따라 � LTIP 유닛은 보통� 유닛으로 전환되었�, 즉시 주당 $65.01� 현금으로 상환되어 � 128� 달러� 수익� 창출했습니다. 거래� 'D' 코드� 표시되어 공개 시장 판매가 아닌 발행자에 대� 처분임을 나타냅니�. 상환 후에� 경영진은 여전� 237,197 파생 유닛� 실질적으� 보유하여 회사� 상당� 경제� 이익� 유지하고 있습니다.

SL Green AG˹ٷty Corp. (SLG) � Dépôt du Formulaire 4 : Le Directeur Financier Matthew J. DiLiberto a déclaré une transaction d’initié datée du 23/06/2025 impliquant 19 750 unités LTIP. Conformément à l’accord de partenariat, chaque unité LTIP a été convertie en unité ordinaire puis immédiatement rachetée en espèces au prix de 65,01 $ par unité, générant un produit d’environ 1,28 million de dollars. La transaction est codée « D », indiquant une cession à l’émetteur plutôt qu’une vente sur le marché ouvert. Après ce rachat, le dirigeant détient toujours bénéficiairement 237 197 unités dérivées, conservant ainsi un intérêt économique important dans la société.

SL Green AG˹ٷty Corp. (SLG) � Form 4 Meldung: Finanzvorstand Matthew J. DiLiberto meldete eine Insider-Transaktion vom 23.06.2025, bei der 19.750 LTIP-Einheiten betroffen waren. Gemäß der Partnerschaftsvereinbarung wurde jede LTIP-Einheit in eine Stammaktie umgewandelt und sofort zum Preis von 65,01 $ pro Einheit in bar eingelöst, was Erlöse von etwa 1,28 Millionen $ generierte. Die Transaktion ist mit „D� gekennzeichnet, was auf eine Veräußerung an den Emittenten und nicht auf einen Verkauf am offenen Markt hinweist. Nach der Einlösung besitzt der Geschäftsführer weiterhin wirtschaftlich 237.197 Derivateinheiten und hält damit ein beträchtliches wirtschaftliches Interesse am Unternehmen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DiLiberto Matthew J.

(Last) (First) (Middle)
C/O SL GREEN REALTY CORP.
ONE VANDERBILT AVENUE - 28TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SL GREEN REALTY CORP [ SLG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
LTIP Units (1) 06/23/2025 D 19,750 (1) (1) Common Stock 19,750 $65.01(2) 237,197 D
Explanation of Responses:
1. Represents LTIP Units issued pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a Class A Unit of limited partnership interest in SL Green Operating Partnership, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The redemption right generally cannot be exercised until two years from the date of the grant. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.
2. In accordance with the terms of the First Amended and Restated Agreement of Limited Partnership of SL Green Operating Partnership, L.P., as amended (the "Partnership Agreement"), each LTIP Unit was converted into a Common Unit, and each resulting Common Unit was presented for redemption. At the election of the Issuer and in accordance with the terms of the Partnership Agreement, the Common Units presented for redemption were redeemed for cash, at a price per Common Unit based on the average of the closing prices of the Issuer's Common Stock for the ten consecutive trading days ending on June 20, 2025.
/s/ Matthew J. DiLiberto 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SLG’s CFO sell according to the Form 4?

He redeemed 19,750 LTIP Units that were first converted into Common Units.

At what price were the LTIP Units redeemed?

The redemption price was $65.01 per unit, based on a 10-day average closing price ending 20 Jun 2025.

How much cash did the CFO receive from the transaction?

Approximately $1.28 million (19,750 units × $65.01).

Does the CFO still hold SLG equity after the sale?

Yes, he still beneficially owns 237,197 derivative units following the transaction.

Was the transaction an open-market sale of common stock?

No. It was a disposition to the issuer; no common shares were sold on the market.

What is the significance of the transaction code “D�?

Code “D� denotes a disposition to the issuer, often for tax or redemption purposes, not a public market sale.
Sl Green Rlty

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4.42B
70.97M
0.08%
92.17%
8.39%
REIT - Office
AG˹ٷ Estate Investment Trusts
United States
NEW YORK