CUZ - ADZEMA GREGG D Implements A Sell Strategy: Offloads $1.66M In Cousins Props Stock | Benzinga
Revealing a significant insider sell on May 2, ADZEMA GREGG D, EVP and CFO at Cousins Props (NYSE:CUZ), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, D sold 71,097 shares of Cousins Props. The total transaction value is $1,657,271.
In the Friday's morning session, Cousins Props's shares are currently trading at $23.76, experiencing a up of 0.72%.
About Cousins Props
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.