The chief legal officer of SL Green Realty sold 1,493 shares in an open-market transaction on Dec. 22, representing 17.5% of his direct holdings and reducing his post-transaction position to 7,045 shares. The sale totaled approximately $67,588 and was executed through direct ownership. SL Green Realty, Manhattan’s largest office landlord, reported revenue of $910.38 million, net income of $25.63 million, and a dividend yield of 6.3%. The transaction is seen as routine portfolio management, with the company showing improved profitability and occupancy rates. Investors should not be concerned about this sale.

Read more at Nasdaq: SL Green Stock Slides While One Insider Trims Stake