After the transaction, Real Estate Investment Group Iv LP's stake was reported as 16,105,630 shares of Hersha Hospitality Trust stock.
As noted on September 6, 2012, Real Estate Investment Group Iv LP's sale was done indirectly through "See Footnote" over 1 transaction on September 4, 2012. The share price for the transaction was $4.86 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Real Estate Investment Group Iv LP has sold a total of 2,000,000 shares of Hersha Hospitality Trust, proceeds from the sale totaled $9,720,000. Over the same time period, Real Estate Investment Group Iv LP has purchased no shares of Hersha Hospitality Trust stock.
Let's take a quick, high-level look at insider trading at Hersha Hospitality Trust over the past 12 months. A total of 2,327,968 shares of Hersha Hospitality Trust stock was sold by insiders, totaling $11,482,803. Over the same time 12 month time period, 51,000 shares of Hersha Hospitality Trust, for a total value of $237,467 were purchased by company insiders.
To view the complete SEC Filing: Hersha Hospitality Trust Form 4 (Insider Trading) SEC Filing
