Yael Duffy, President and CEO of Industrial Logistics Properties Trust, filed a Form 4 with the SEC on September 21, 2026, reporting a share withholding transaction dated September 17, 2026.

Key Highlights

  • Reporting person: Yael Duffy, identified as President and CEO, and Director of Industrial Logistics Properties Trust (NASDAQ:ILPT).
  • Transaction type: Code F transaction - 16,275 Common Shares of Beneficial Interest disposed of (D) at $7.75 per share on September 17, 2026.
  • Purpose: According to the filing, the shares were withheld for "payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3."
  • Remaining ownership: Following the transaction, Duffy directly holds 109,588 Common Shares of Beneficial Interest.
  • Ownership form: All reported shares are held directly (D).
  • No derivative securities: Table II of the filing contains no reported derivative security transactions.

Yael Duffy Reports Tax Withholding Share Disposal at ILPT

According to the Form 4 filed on September 21, 2026, Yael Duffy, who serves as President, CEO, and Director of Industrial Logistics Properties Trust (NASDAQ:ILPT), reported a single non-derivative securities transaction. On September 17, 2026, 16,275 Common Shares of Beneficial Interest were disposed of at a price of $7.75 per share under transaction code F.

The filing's explanatory footnote states the disposal represents "payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3." This type of transaction, coded F, is commonly associated with share withholding to satisfy tax obligations triggered by equity award vesting, as noted in the filing's own explanation rather than characterized independently here.

Following the reported transaction, the filing indicates Duffy directly beneficially owns 109,588 Common Shares of Beneficial Interest. No indirect ownership and no derivative security positions are reported. The filing was signed by Yael Duffy and dated September 21, 2026.

What Was Disclosed

The filing discloses a September 17, 2026, disposal of 16,275 common shares at $7.75 per share by ILPT's President and CEO Yael Duffy, attributed to tax withholding upon equity vesting, leaving her with direct beneficial ownership of 109,588 shares.