Klein Robert B 4
4 · Postal Realty Trust, Inc. · Filed Jun 5, 2025
Insider Transaction Report
Form 4
Klein Robert B
Chief Financial Officer
Transactions
- Exercise/Conversion
LTIP Units
2025-06-03−11,198→ 112,717 total→ Class A common stock (11,198 underlying) - Exercise/Conversion
OP Units
2025-06-03−11,198→ 0 total→ Class A common stock (11,198 underlying) - Exercise/Conversion
OP Units
2025-06-03+11,198→ 11,198 total→ Class A common stock (11,198 underlying) - Exercise/Conversion
Class A common stock
2025-06-03+11,198→ 59,207 total
Footnotes (3)
- [F1]11,198 of the reporting person's long term-incentive units ("LTIP Units") in Postal Realty LP (the "Operating Partnership"), of which Postal Realty Trust, Inc. (the "Issuer") is the general partner, were converted into common units of limited partnership interests ("OP Units") in the Operating Partnership by the reporting person and the OP Units were redeemed for an equal number of shares of the Issuer's Class A common stock in accordance with the Operating Partnership's Partnership Agreement.
- [F2]Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by the Issuer into an equivalent number of OP Units. OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
- [F3]Represents OP Units in the Operating Partnership. Each OP Unit may be presented for redemption for, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. OP Units have no expiration date.