Winthrop Realty Trust (FUR): Michael L Ashner , Chairman and CEO of Winthrop Realty Trust sold 10,000 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $9.87 per share for a total value of $98,700.00 , 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 20, 2016, Michael L Ashner (Chairman and CEO) sold 10,000 shares at $9.89 per share price.
Winthrop Realty Trust: On Friday, May 20, 2016 heightened volatility was witnessed in Winthrop Realty Trust which led to swings in the share price. The shares opened for trading at $9.9 and hit $10.005 on the upside , eventually ending the session at $9.94, with a gain of 0.91% or 0.09 points. The heightened volatility saw the trading volume jump to 2,72,024 shares. The 52-week high of the share price is $17.26 and the company has a market cap of $362 M . The 52-week low of the share price is at $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.