Independence Realty Trust, INC.: insider trades · United States · SEC (Form 4)

About Independence Realty Trust, INC.

Independence Realty Trust, Inc. (NYSE: IRT) is a U.S.-listed real estate investment trust focused on the ownership, operation, improvement, and acquisition of multifamily apartment communities. The company is a pure-play residential landlord rather than a diversified property owner, with its portfolio concentrated in non-gateway U.S. markets—regional metropolitan areas that typically offer stronger affordability, population growth, and household formation dynamics than the traditional coastal gateway cities. IRT was formed on March 26, 2009, in Maryland, and its corporate headquarters is in Philadelphia, Pennsylvania, at 1835 Market Street, Suite 2601. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1466085/000146608525000021/irt-20241231.htm?utm_source=openai)) IRT’s business model is built around recurring rental income from apartment communities, supported by active property management, asset enhancement, and selective capital recycling. As of December 31, 2024, the company owned and operated 113 multifamily properties comprising 33,615 units. Its footprint is concentrated in the Southeastern and Midwestern United States, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The portfolio also includes interests in unconsolidated joint ventures and a development project in Denver, which indicates that IRT combines stabilized cash-flowing assets with targeted growth projects. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1466085/000146608525000021/irt-20241231.htm?utm_source=openai)) From a competitive standpoint, IRT occupies a focused middle-ground in the apartment REIT universe. It is large enough to benefit from institutional scale, but specialized enough to maintain emphasis on operational execution in secondary growth markets. The company also operates through its wholly owned property-management subsidiary, IRT Management, LLC, giving it direct control over leasing, maintenance, turnover, and onsite operations across the owned portfolio. That vertical integration can help support margin discipline and portfolio consistency. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001466085/000143774926004376/irt20251231_10k.htm?utm_source=openai)) Recent developments underline an active balance-sheet and portfolio-management approach. IRT announced its fourth-quarter and full-year 2025 results on February 11, 2026, demonstrating continued market communication on the NYSE. In its 2024 annual report, the company highlighted a portfolio optimization and deleveraging strategy, including the sale of ten properties across seven markets for aggregate gross proceeds of $525.3 million. For investors, the key equity story is therefore a U.S. multifamily REIT with exposure to rental-housing demand, a geographically diversified regional footprint, and a management team that appears focused on asset quality, capital efficiency, and balance-sheet flexibility. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1466085/000143774926003792/ex_895775.htm?utm_source=openai))