A. Russell Kirk - Mar 20, 2025 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role
Director
Signature
/s/ Matthew T. Barnes-Smith, Attorney-in-Fact for A. Russell Kirk
Stock symbol
AHH
Transactions as of
Mar 20, 2025
Transactions value $
$77,000
Form type
4
Date filed
3/24/2025, 04:20 PM
Previous filing
Mar 19, 2025
Next filing
Mar 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHH Common Stock Purchase $77K +10K +16.83% $7.70 69.4K Mar 20, 2025 Direct
holding AHH Common Stock 49.3K Mar 20, 2025 By Spouse F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AHH Common Units 1.24M Mar 20, 2025 Common Stock 1.24M Direct F2, F3
holding AHH Common Units 39.3K Mar 20, 2025 Common Stock 39.3K By Spouse F1, F2, F3
holding AHH Common Units 91 Mar 20, 2025 Common Stock 91 By Limited Partnership F2, F3, F4
holding AHH Time-Based LTIP Units 9.63K Mar 20, 2025 Common Stock 9.63K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2 Represents common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company"), and of which the Company is the general partner. All Common Units reflected in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder.
F3 Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.
F4 Represents Mr. Kirk's pecuniary interest in Common Units held by a limited partnership.
F5 Represents Time-Based LTIP Units in the Operating Partnership ("Time-Based LTIP Units"). Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the Time-Based LTIP Units vest, Time-Based LTIP Units are convertible into Common Units in the Operating Partnership at the holder's option. Under the award agreement pursuant to which the Time-Based LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the Time-Based LTIP Units may not be converted to Common Units until two years following the date of grant. Time-Based LTIP Units have no expiration date.