Tiffany R. Sy, CFO and Treasurer of Industrial Logistics Properties Trust, filed a Form 4 on September 21, 2026, reporting a share disposition on September 17, 2026, in connection with a tax withholding event at vesting.

Key Highlights

  • Reporting person: Tiffany R. Sy, CFO and Treasurer of Industrial Logistics Properties Trust (NASDAQ:ILPT)
  • Transaction type: Code F disposition - 1,791 Common Shares of Beneficial Interest disposed of on September 17, 2026
  • Price per share: $7.75
  • Purpose: Payment of tax liability by withholding securities incident to vesting, pursuant to Rule 16b-3, according to the filing
  • Remaining holdings: 22,524 Common Shares of Beneficial Interest held directly following the transaction

CFO Tiffany R. Sy Reports Tax Withholding Disposition at Vesting

According to the Form 4 filed with the SEC on September 21, 2026, Tiffany R. Sy, serving as CFO and Treasurer of Industrial Logistics Properties Trust (NASDAQ:ILPT), reported the disposition of 1,791 Common Shares of Beneficial Interest on September 17, 2026, at a price of $7.75 per share. The transaction was coded "F," indicating shares withheld for taxes at the time of a vesting event.

The filing's footnote states that the disposition reflects "payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3." No open-market sale was reported. Following this transaction, Sy directly holds 22,524 Common Shares of Beneficial Interest, as reported in the filing. No derivative securities were reported in Table II of the form.

The form was filed by one reporting person and was not indicated as an amendment to a prior filing. Sy's address is listed as c/o The RMR Group LLC, Two Newton Pl., 255 Wash. St., Ste. 300, Newton, Massachusetts 02458.

What Was Disclosed

The filing disclosed a single Code F transaction by ILPT's CFO and Treasurer: 1,791 common shares withheld at $7.75 per share on September 17, 2026, to cover tax obligations upon vesting, leaving a direct beneficial ownership of 22,524 shares.