Andrew Spodek - Sep 8, 2023 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Signature
/s/ Jie Chai, attorney-in-fact.
Stock symbol
PSTL
Transactions as of
Sep 8, 2023
Transactions value $
$119,977
Form type
4
Date filed
9/12/2023, 07:15 PM
Previous filing
Aug 24, 2023
Next filing
Sep 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Purchase $81.5K +5.72K +3.19% $14.25 185K Sep 8, 2023 By Spodek 2016 Family Trust F1
transaction PSTL Class A common stock Purchase $38.5K +2.72K +1.47% $14.16 188K Sep 11, 2023 By Spodek 2016 Family Trust F1, F2
holding PSTL Class A common stock 646K Sep 8, 2023 Direct
* 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 purchase was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 11, 2023.
F2 Represents the weighted average price of shares purchased in multiple same-day transactions at prices ranging from $14.11 to $14.2 per share.