GIPR Director Cheng Gena Receives 31,250 RSU Award

What Happened

• Cheng Gena, a director of Generation Income Properties, Inc. (GIPR), was granted 31,250 restricted stock units (RSUs) on March 31, 2025. The grant shows an acquisition price of $0.00 (no cash paid) and will convert to shares if and when the RSUs vest.

Key Details

• Transaction date and price: 2025-03-31; grant price $0.00 for 31,250 RSUs.
• Vesting: Footnote states these RSUs will vest on March 31, 2026.
• Shares owned after transaction: not disclosed in this filing.
• Filing timing: Form 4 was filed on 2026-04-13 for a 2025-03-31 grant — this appears late (Form 4s are normally due within two business days of the transaction).
• Transaction code: A = Award/Grant (compensation), not a purchase or sale.

Context

• RSUs are compensation awards that convert to common shares upon vesting; they are not an immediate cash purchase or sale. Such grants are routine for executive/director compensation and do not, by themselves, indicate the insider is buying or selling the company's stock.