Clipper Realty COO Jacob Bistricer Buys 73,500 Shares

What Happened Jacob Bistricer, Chief Operating Officer of Clipper Realty Inc. (CLPR), reported two transactions on 2026-09-28: an open-market purchase of 73,500 shares at a weighted average price of $3.35 per share for a total of $246,225, and a gift of 63,000 shares (disposed, $0 consideration). The purchase represents an acquisition (often viewed as a more informative, bullish signal than a sale), while the gift is a non-sale disposition that does not necessarily reflect market sentiment.

Key Details

• Transaction date: 2026-09-28; Form 4 filed 2026-09-30 (timely filing).
• Purchase: 73,500 shares @ weighted average $3.35 each = $246,225.
• Gift/Disposition: 63,000 shares @ $0.00 (code G).
• Price range: $3.265–$3.42 per share; $3.35 is the weighted average (footnote notes breakdown available on request).
• Shares owned after transaction: not disclosed in this Form 4.
• No 10b5-1 plan, tax withholding, or exercise reported in this filing.

Context

• Purchases by executives can be taken as a positive signal by some investors because they increase personal exposure to the company, but they do not guarantee future performance.
• Gifts are commonly for personal or estate-planning reasons and should not be interpreted as routine sales.
• If you want the per-price breakdown of the purchase (the filing gives only a weighted average and a range), the registrant or Commission staff can provide the full details on request.