Heilbron Jack Kendrick 4

What Happened Jack Heilbron, CEO of Presidio Property Trust, received an award of 4,000 shares on January 6, 2026. The grant price was reported at $3.69 per share, for a total reported value of $14,760. This was an award/grant (transaction code A), not an open-market purchase or sale, and represents compensation rather than a market buy signal.

Key Details

• Transaction date: 2026-01-06; Form 4 filed: 2026-02-19 (filing appears late relative to the 2-business-day Form 4 rule).
• Shares acquired: 4,000 at $3.69 per share — total value $14,760.
• Shares owned after transaction: not disclosed in the provided filing details.
• Transaction type/code: Award/Grant (A). No 10b5-1 plan, tax withholding, or other footnotes were reported in the summary provided.

Context

• Equity awards are commonly part of executive compensation and do not necessarily signal a bullish or bearish view by the insider. They differ from purchases (which may indicate conviction) and from exercises followed by sales (cashless exercises).
• The late filing reduces the timeliness of this disclosure; retail investors should note the award date (Jan 6) rather than the filing date when assessing timing.