Insider Trading March 30, 2026

SL Green Director Sells Entire Stake as Shares Trade Near 52-Week Low

Director Carol N. Brown disposes of 5,004 shares; company navigating mixed analyst reactions after Q4 2025 earnings miss

By Leila Farooq SLG
SL Green Director Sells Entire Stake as Shares Trade Near 52-Week Low
SLG

Carol N. Brown, a director at SL Green Realty Corp. (NYSE: SLG), sold all 5,004 of her common shares on March 30, 2026, for $36.325 each, a transaction totaling $181,770, according to a Form 4 filed with the SEC. The sale leaves Brown with no holdings and occurs while SLG shares hover near their 52-week low of $34.77. The company recently reported a Q4 2025 EPS of -1.49 versus an expected -0.55, prompting mixed analyst reactions including an upgrade from Deutsche Bank, a higher price target from Scotiabank, and a reduced target from Truist, underscoring divergent views on near-term financials and leasing fundamentals.

Key Points

  • Director Carol N. Brown sold all 5,004 of her SLG common shares on March 30, 2026, at $36.325 each, totaling $181,770; Form 4 shows she holds zero shares after the sale.
  • SLG shares are trading near a 52-week low of $34.77 and have fallen about 39% over the past six months; separate analysis indicates the stock appears undervalued with an approximate 7% dividend yield.
  • Q4 2025 results missed EPS expectations (-1.49 actual vs -0.55 expected), prompting mixed analyst responses including a Deutsche Bank upgrade to Buy, Scotiabank raising its target to $52.00, and Truist lowering its target to $44.00 while maintaining a Hold.

Director Carol N. Brown of SL Green Realty Corp. (NYSE: SLG) executed a sale of 5,004 common shares on March 30, 2026, at $36.325 per share, producing a gross transaction value of $181,770, according to a Form 4 filing submitted to the Securities and Exchange Commission. The filing indicates that Brown holds zero shares following the transaction.

The disposition comes as SLG shares have been under pressure. The stock is trading close to a 52-week low of $34.77 and has declined roughly 39% over the past six months, reflecting recent volatility in the name.

Separately, analysis referenced by market research noted that SLG appears undervalued at current levels and that the shares are yielding approximately 7% in dividends. Investors seeking additional, in-depth coverage can consult the company’s comprehensive Pro Research Report, which is available for SLG and a broad set of other U.S. equities.


SL Green’s most recent quarterly results preceded the insider sale. For Q4 2025 the company reported earnings per share of -1.49, missing consensus expectations of -0.55. Despite the earnings shortfall, the stock registered gains during premarket trading, suggesting some investor appetite for the shares following the report.

Analyst reactions to the quarter and SLG’s prospects have been mixed:

  • Deutsche Bank upgraded its rating on SL Green to Buy from Hold, emphasizing the significance of capital markets execution against a backdrop of strong leasing fundamentals.
  • Scotiabank raised its price target for the shares to $52.00, pointing to robust leasing activity in New York City and positive takeaways from a recent meeting with the company’s chief financial officer.
  • Truist Securities trimmed its price target to $44.00 but kept a Hold rating after lowering its 2026 funds from operations estimate.

Collectively, these analyst moves illustrate differing assessments of SLG’s near-term cash flow trajectory and longer-term leasing trends. The juxtaposition of an insider fully exiting a position and analysts expressing both constructive and cautious views contributes to a complex near-term picture for the stock.

Market participants evaluating SLG will need to weigh the recent insider sale and the firm’s reported earnings shortfall alongside dividend yield, leasing fundamentals in New York City, and how capital-markets activity might support or strain the balance sheet and liquidity profile.


Summary takeaways and context are provided for investors considering SLG amid the current set of company disclosures and analyst commentary.

Risks

  • Earnings volatility - SLG reported a Q4 2025 EPS of -1.49, a significant miss versus expectations, creating near-term uncertainty for investor returns. (Impacts REITs and financial sectors.)
  • Differing analyst views - Upgrades and higher price targets sit alongside lowered targets and adjusted funds-from-operations estimates, reflecting uncertainty about leasing and capital-markets execution. (Impacts real estate and capital markets.)
  • Insider selling - The complete divestiture by a director may raise questions about insider sentiment, particularly as the stock trades near its 52-week low. (Impacts investor perception in real estate securities.)

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