Key facts
- This page summarizes Robert B. Klein's Form 4 filing for Postal Realty Trust, Inc. (PSTL).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Feb 2024, 19:16.
Robert B. Klein - 02 Feb 2024 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- PSTL
- Reported as of
- 02 Feb 2024
- Net transaction value
- -$28,995
- SEC form
- 4
- Accepted by SEC
- 06 Feb 2024, 19:16:42 UTC
- Prior SEC filing
- 03 Jan 2024
- Next SEC filing
- 14 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jie Chai, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert B. Klein filed Form 4 for Postal Realty Trust, Inc. (PSTL) on 06 Feb 2024.
Change
- Previous filing in this sequence was filed on 03 Jan 2024.
- Current net transaction value: -$28,995.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PSTL
transaction
Class A common stock
Options Exercise
- Transaction value
- Shares
- +4,929
- Change %
- +9.3%
- Price
- Shares after
- 57,652
- Date
- 02 Feb 2024
- Ownership
- Direct
- Footnotes
- F1, F2
PSTL
transaction
Class A common stock
Tax liability
- Transaction value
- $28,995
- Shares
- -2,039
- Change %
- -3.5%
- Price
- $14.22
- Shares after
- 55,613
- Date
- 02 Feb 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PSTL
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -9,859
- Change %
- -32%
- Price
- Shares after
- 20,482
- Date
- 02 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 9,859
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
As previously reported, on February 11, 2021, the Reporting Person was granted 9,859 performance-based restricted stock units (the "RSUs"), and, depending on the level of achievement of certain performance-based hurdles during the three-year performance period ended on December 31, 2023 (the "Measurement Period"), the actual number of RSUs earned could range from 50% to 150% of the target RSUs. On February 2, 2024, 4,929 RSUs vested based on the achievement of certain performance goals during the Measurement Period after the Corporate Governance and Compensation Committee of the Board of Directors of Postal Realty Trust, Inc. (the "Issuer") certified the Reporting Person's achievement relative to the applicable performance objectives during the Measurement Period and approved the vesting of the RSUs with respect to these shares.
Footnote F2
In accordance with the Issuer's 2019 Equity Incentive Plan (the "Plan"), Performance Units (as defined in the Plan) convert into the Issuer's Class A common stock on a one-for-one basis.
Footnote F3
Each RSU represents a contingent right to receive shares of the Issuer's Class A common stock.