Jeremy Garber - Jun 7, 2023 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Signature
/s/ Jie Chai, attorney-in-fact
Stock symbol
PSTL
Transactions as of
Jun 7, 2023
Transactions value $
-$379,912
Form type
4
Date filed
6/9/2023, 07:50 PM
Previous filing
Feb 2, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Sale -$230K -15.1K -6.05% $15.28 234K Jun 7, 2023 Direct F1, F2
transaction PSTL Class A common stock Sale -$150K -9.92K -4.24% $15.07 224K Jun 8, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 8, 2023.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $15.01 to $15.425 per share.
F3 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $14.99 to $15.2 per share.