Robert B. Klein - 31 Jan 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Feb 2025, 19:52:08 UTC
Prior SEC filing
03 Jan 2025
Next SEC filing
27 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Klein

Key filing fact

Robert B. Klein filed Form 4 for Postal Realty Trust, Inc. (PSTL) on 04 Feb 2025.

Key facts

  • This page summarizes Robert B. Klein's Form 4 filing for Postal Realty Trust, Inc. (PSTL).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Feb 2025, 19:52.

Change

  • Previous filing in this sequence was filed on 03 Jan 2025.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PSTL transaction Derivative

LTIP Units

Award

Transaction value
Shares
+12,952
Change %
+12%
Price
Shares after
123,915
Date
31 Jan 2025
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
12,952
Exercise price
Footnotes
F1, F2, F3
PSTL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
$0
Shares
-9,123
Change %
-27%
Price
$0.000000
Shares after
24,643
Date
31 Jan 2025
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
9,123
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").

Footnote F2

Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.

Footnote F3

The LTIP Units will vest ratably on the first, second and third anniversaries of February 1, 2025, subject to continued employment with the Issuer.

Footnote F4

Represents the forfeiture of all performance-based RSU's granted to the reporting person on January 31, 2022 due to certain performance-based hurdles related to the Issuer's absolute total stockholder return not being achieved.

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