Andrew Spodek - Sep 26, 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 26, 2023
Transactions value $
$267,460
Form type
4
Date filed
9/28/2023, 04:34 PM
Previous filing
Sep 25, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Purchase $135K +10K +4.82% $13.50 218K Sep 26, 2023 By Spodek 2016 Family Trust F1, F2
transaction PSTL Class A common stock Purchase $132K +10K +4.6% $13.25 228K Sep 27, 2023 By Spodek 2016 Family Trust F1, F3
holding PSTL Class A common stock 646K Sep 26, 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 $13.499 to $13.5 per share.
F3 Represents the weighted average price of shares purchased in multiple same-day transactions at prices ranging from $13.24 to $13.25 per share.