Yakira Capital Management, Inc. 4

What Happened Yakira Capital Management, Inc. (reported as a 10% owner/advisor) disposed of 5,072 shares of Seritage Growth Properties (SRG-PA) on January 26, 2026. The shares were sold at $24.13 each for total proceeds of $122,396. This was a sale (disposition), which is often routine for institutional holders and does not necessarily signal a view on the company's prospects.

Key Details

• Transaction date and price: 2026-01-26 at $24.13 per share (total $122,396). Transaction code: S (sale/disposition).
• Transaction type: Open market or private sale (filing lists "Open market or private sale").
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Report filed 2026-01-27 (next day), indicating a timely disclosure.
• Footnote: Yakira Capital Management is an investment advisor to Yakira Partners, Yakira Enhanced Offshore Fund Ltd., and MAP 136 Segregated Portfolio; it has sole voting and investment discretion for the reported securities but disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

• This filing reflects institutional selling by an advisor to pooled investment vehicles (a 10% owner filing), not direct insider executive trading. Such institutional dispositions can be for portfolio management reasons and should be viewed differently than insider purchases.