Clipper Realty Inc.: 10% owner Sam Levinson received 1,950,993.5 shares

What happened

• Sam Levinson, a 10% owner, received three gifts of Clipper Realty securities on Sep 30, 2026: 188,354 shares (G) at $0.00, 693,125 shares (G) at $0.00, and 1,069,514.5 shares (G) at $0.00, totaling 1,950,993.5 shares valued at $0.

Key details

• Transaction date and code: Sep 30, 2026; all transactions coded G (gift); price reported $0.00.
• Shares owned after the transaction: not stated in the provided excerpt of the filing.
• Relevant footnotes from the filing:
  • F1: Represents an assignment of securities to the Reporting Person for no consideration.
  • F2: Represents an assignment of securities for no consideration to a trust in which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the reported securities held by the trust except to the extent of his pecuniary interest therein.
  • F3: Describes Special Voting Stock mechanics and exchange rights paired with Class B LLC Units.
• Filing timeliness: not indicated in the provided excerpt.

Why it may matter

• These entries were reported as gifts, not market purchases or sales.
• The reporting person is a 10% owner, indicating a large holder rather than an executive-level trade.
• The filing does not show why the insider traded or why the company acted.