David Bistricer - 24 Feb 2026 Form 4 Insider Report for Clipper Realty Inc. (CLPR)

Role
Co-Chairman and CEO, Director, 10%+ Owner
Signature
/s/ David Bistricer
Issuer symbol
CLPR
Transactions as of
24 Feb 2026
Net transactions value
$0
Form type
4
Filing time
26 Feb 2026, 18:36:18 UTC
Previous filing
22 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BISTRICER DAVID Co-Chairman and CEO, Director, 10%+ Owner 4611 TWELFTH AVENUE, BROOKLYN /s/ David Bistricer 26 Feb 2026 0001107706

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLPR Long Term Incentive Plan Units Award $0 +91,964 +6% $0.000000 1,624,522 24 Feb 2026 Common Stock 91,964 Direct F1, F2
transaction CLPR Long Term Incentive Plan Units Award $0 +164,003 +10% $0.000000 1,788,525 24 Feb 2026 Common Stock 164,003 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents long term incentive plan units ("LTIP Units"), a class of units of Clipper Realty L.P. (the "Operating Partnership"), a direct subsidiary of Clipper Realty Inc. (the "Company"). The LTIP Units are convertible by the reporting person, upon the vesting date, into an equivalent number of units of limited partnership units ("OP Units") of the Operating Partnership. Each OP Unit is redeemable at the request of the holder for cash in an amount equal to the price of a share of common stock of the Company or, at the election of the Company, one share of its common stock.
F2 The LTIP Units will vest in full on January 1, 2027. The rights to convert LTIP Units into OP Units and redeem OP Units do not have expiration dates.
F3 The LTIP Units will vest in full on January 1, 2029. The rights to convert LTIP Units into OP Units and redeem OP Units do not have expiration dates.