Clipper Realty (CLPR) 10% Owner Sam Levinson Buys Stock

What Happened

• Sam Levinson, a reported 10% owner of Clipper Realty Inc. (CLPR), purchased a total of 98,635 shares in three open-market/private acquisitions between Aug 18 and Aug 20, 2026. The transactions totaled $310,591 (about $3.15 weighted average per share) and are reported as purchases (Form 4 code P), which are purchases rather than sales.

Key Details

• Transaction dates and reported prices:
  • 2026-08-18: 86,983 shares at $3.15 — $273,866
  • 2026-08-19: 9,260 shares at $3.14 — $29,095
  • 2026-08-20: 2,392 shares at $3.19 — $7,630
• Total: 98,635 shares for $310,591.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1/F2: Prices shown are weighted averages; price ranges for reported acquisitions are stated as $3.12–$3.18 and $3.08–$3.17 respectively. Complete breakdown by price can be provided to the SEC, issuer, or a security holder on request.
  • F3/F4: Some holdings are through profit-sharing plans at National Financial Services LLC (including holdings of the reporting person’s spouse and co-trustee status).
  • F5: Explains Special Voting Stock and Class B LLC Units (exchangeable with one share of Special Voting Stock and related to voting rights, not distributions).
• Filing timeliness: Form 4 was filed Aug 20, 2026, reporting transactions from Aug 18–20; the filing appears timely (Form 4 must generally be filed within two business days of the transaction).

Context

• As a 10% owner, Levinson is a significant shareholder; purchases by large holders can reflect increased ownership interest but do not, by themselves, explain motivation. The filing does not involve option exercises, gifts, or tax-withholding sales—these were straightforward purchases.