Vivmark Residential EVP & COO Receives LTIP Equity & Derivative Awards

Insider Filing Analysis: Vivmark Residential ($VMRK)

Summary of Transactions

On August 31, 2026, Michael L. Manelis, Executive Vice President & Chief Operating Officer of Vivmark Residential, was granted a combination of restricted common shares and restricted limited partnership units (RUs) under the company's 2024, 2025, and 2026 Long-Term Incentive Plans (LTIPs):

• Non-Derivative Common Shares (Code A):

  • 10,536 shares (2024 LTIP settlement, vesting January 4, 2027)
  • 10,820 shares (2025 LTIP settlement, vesting January 3, 2028)
  • 13,201 shares (2026 LTIP settlement, vesting January 2, 2029)
  • Total Non-Derivative Granted: 34,557 shares at $0.00 per share.

• Derivative Restricted Units (Code A):

  • 11,055 units (vesting January 4, 2027, expiring 2034-01-01)
  • 11,310 units (vesting January 3, 2028, expiring 2035-01-01)
  • 13,805 units (vesting January 2, 2029, expiring 2036-01-01)
  • Total Restricted Units Granted: 36,170 units convertible to OP Units and exchangeable 1:1 for common shares.

Post-Transaction Holdings

• Direct Common Shares: 79,270 shares.
• Indirect Common Shares: 1,326 shares held via the Supplemental Executive Retirement Plan (SERP) Account.
• Restricted Units: 36,170 derivative units.

Significance Assessment

• Trading Significance: Low. The transactions represent standard executive compensation awards/settlements under multi-year LTIP programs and do not involve open-market purchases or sales.