M. Andrew Franklin - 27 Mar 2025 Form 4 Insider Report for CEDAR REALTY TRUST, INC. (CDR-PB)

Signature
/s/ M. Andrew Franklin
Issuer symbol
CDR-PB
Transactions as of
27 Mar 2025
Net transactions value
-$3,169
Form type
4
Filing time
28 Mar 2025, 11:41:37 UTC
Previous filing
31 Jan 2025
Next filing
14 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDR 6.50% Series C Cumulative Redeemable Preferred Stock Sale $3,169 -195 -19% $16.25 855 27 Mar 2025 Direct F1
holding CDR 7.25% Series B Cumulative Redeemable Preferred Stock 2,890 27 Mar 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 21, 2025, Cedar Realty Trust, Inc. (the "Issuer") announced concurrent but separate offers to purchase up to an aggregate amount paid of $9,500,000 of (i) up to 584,615 shares of its 6.50% Series C Cumulative Redeemable Preferred Stock (the "Series C Shares") for a purchase price of $16.25 per share (the "Series C Share Price"), in cash, and (ii) up to 535,211 shares of its 7.25% Series B Cumulative Redeemable Preferred Stock for a purchase price of $17.75 per share, in cash, which expired at 5:00 P.M., New York City Time on March 21, 2025 (the "Tender Offer"). On March 27, 2025, in accordance with the terms and conditions of the Tender Offer, the Issuer purchased 655,883 Series C Shares at the Series C Share Price, including 195 Series C Shares tendered by the Reporting Person.