Stephen Michael Bakke - 05 Nov 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Signature
/s/ Joseph Antignani, attorney-in-fact
Issuer symbol
PSTL
Transactions as of
05 Nov 2025
Net transactions value
+$499,993
Form type
4
Filing time
06 Nov 2025, 16:10:37 UTC
Previous filing
27 Oct 2025
Next filing
02 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bakke Stephen Michael EVP & Chief Financial Officer C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVE, CEDARHURST /s/ Joseph Antignani, attorney-in-fact 06 Nov 2025 0002091500

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSTL LTIP Units Award $499,993 +33,569 $14.89 33,569 05 Nov 2025 Class A common stock 33,569 Direct F1, F2, F3, F4
transaction PSTL LTIP Units Award $0 +33,569 +100% $0.000000 67,138 05 Nov 2025 Class A common stock 33,569 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following the occurrence of certain events and upon vesting, the LTIP Units are convertible into an equivalent number of limited partnership units of Postal Realty LP (the "Operating Partnership") ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of Postal Realty Trust, Inc. (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.
F2 Reflects LTIP Unit grants in lieu of cash compensation that vest on December 31, 2026, subject to certain conditions.
F3 The LTIP Units are a class of limited partnership units of the Operating Partnership.
F4 The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding November 5, 2025, which was $14.8945.
F5 Reflects LTIP Units that vest on October 27, 2033, subject to certain conditions.