Patrick R. Donahoe - 01 Dec 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Role: Director
Signature: /s/ Joseph Antignani, attorney-in-fact
Issuer symbol: PSTL
Transactions as of: 01 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 01 Dec 2025, 18:46:44 UTC
Previous filing: 17 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Donahoe Patrick R	Director	C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVENUE, CEDARHURST	/s/ Joseph Antignani, attorney-in-fact	01 Dec 2025	0001777324

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PSTL	Class A common stock	Options Exercise		+12,000	+27%		55,666	01 Dec 2025	Direct	F1

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	Options Exercise		-12,000	-14%		73,263	01 Dec 2025	Class A common stock	12,000		Direct	F1, F2
transaction	PSTL	OP Units	Options Exercise		+12,000			12,000	01 Dec 2025	Class A common stock	12,000		Direct	F1, F3
transaction	PSTL	OP Units	Options Exercise		-12,000	-100%		0	01 Dec 2025	Class A common stock	12,000		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	12,000 of the reporting person's long term incentive plan units ("LTIP Units") in Postal Realty LP (the "Operating Partnership"), of which Postal Realty Trust, Inc. (the "Issuer") is the general partner, were converted into common units of limited partnership interests ("OP Units") in the Operating Partnership by the Reporting Person and the OP Units were redeemed for an equal number of shares of the Issuer's Class A common stock in accordance with the Operating Partnership's Partnership Agreement.
F2	Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by the Issuer into an equivalent number of 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.
F3	Represents OP Units in the Operating Partnership. Each OP Unit may be presented for redemption for, 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. OP Units have no expiration date.