American Realty Capital Trust Modifies Its Share Grants
I just saw this press release announcing that American Realty Capital Trust has modified the compensation to its advisor by limiting the amount of shares it can grant to the advisor. I will look at this in more detail, but on the surface this appears positive for investors.
1 comment:
I can only assume they got BLASTED for their hypocrisy in preaching from the soap box against internalizations and then turning around and granting themselves fat amounts of stock. So, as is their unique talent, they reverse course, adopt this compensation threshold and now spin it like it’s an over the top positive shareholder move they are proactively initiating as opposed to the truth; which is that they got caught with their pants down twisted up in being greedy AND hypocritical and are now in reactive mode fixing it.
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