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Actionable news in PEI: PENNSYLVANIA REAL ESTATE INVESTMENT TRUST,

Pennsylvania Real Estate Investment Trust director just disposed of 34,600 shares

Leonard I Korman, a director of Pennsylvania Real Estate Investment Trust, recently disposed of 34,600 shares of the company. The disposals took place at $0.00 per share, on dates ranging from June 24 to November 03, 2015. Korman still owns 468,713 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Korman operates out of Philadelphia, PA. Some additional info was provided as follows:

The reporting person made a gift of these shares. Held by trusts of which Mr. Korman is a co-trustee. Mr. Korman disclaims beneficial ownership of these shares. Held by trusts of which Mr. Korman is a co-trustee and sole beneficiary. Held by Mr. Korman's spouse. Mr. Korman disclaims beneficial ownership of these share s.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Current report, item 5.02 - April 21, 2016
Pennsylvania Real Estate Investment Trust releases salary data. CEO sees compensation rise 8% - April 20, 2016