Winthrop Realty Trust (FUR): Michael L Ashner , Chairman and CEO of Winthrop Realty Trust sold 10,000 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $9.89 per share for a total value of $98,900.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Michael L Ashner (Chairman and CEO) sold 45,335 shares at $10.07 per share price.
Shares of Winthrop Realty Trust (FUR) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -1.30% at $9.85 with 2,98,426 shares getting traded. Post opening the session at $9.91, the shares hit an intraday low of $9.81 and an intraday high of $9.95 and the price vacillated in this range throughout the day. The company has a market cap of $359 M and the number of outstanding shares has been calculated to be 3,64,25,084 shares. The 52-week high of Winthrop Realty Trust is $17.26 and the 52-week low is $9.81.
Winthrop Realty Trust is a real estate investment trust (REIT). The Company conducts its business through its wholly owned operating partnership WRT Realty L.P. The Company has adopted a plan of liquidation which was approved at a special meeting of shareholders. Prior to the plan of liquidation the Company was engaged in the business of owning real property and real estate related assets which it categorized into three segments: ownership of investment properties including wholly owned properties and investments in joint ventures which own investment properties; origination and acquisition of loans collateralized directly or indirectly by commercial and multi-family real property and equity and debt interests in other real estate investment trusts. Subsequent to the adoption of the plan of liquidation the Company no longer makes operating decisions or assesses performance in separate segments as all assets are considered as held for sale.