Garber Jeremy 4

What Happened

Jeremy Garber, President, Treasurer & Secretary of Postal Realty Trust (PSTL), sold a total of 19,914 shares in open-market transactions on March 4, 2026. The filing shows two reported disposals: 15,000 shares at a weighted-average price of $20.60 (proceeds $308,928) and 4,914 shares at a weighted-average price of $20.55 (proceeds $100,994), for combined proceeds of approximately $409,922. These were sales (not purchases) and were executed pursuant to a prearranged Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-03-04; Form 4 filed 2026-03-06.
• Sales reported:
  • 15,000 shares @ weighted avg $20.60 (proceeds $308,928). Price range reported: $20.35–$20.685. (Footnote F2)
  • 4,914 shares @ weighted avg $20.55 (proceeds $100,994). Price range reported: $20.51–$20.66. (Footnote F3)
• Total shares sold: 19,914; total proceeds: ~$409,922.
• Transaction executed under a Rule 10b5-1 trading plan adopted by Garber on December 2, 2025. (Footnote F1)
• The filing includes undertakings to provide per-trade price details on request (per F2/F3).
• Shares owned after the transaction are not specified in the supplied filing.

Context

• These were routine insider sales under a 10b5-1 plan (prearranged trades). Such sales do not necessarily indicate a change in the insider’s view of the company; 10b5-1 plans are often used to schedule disposals while avoiding accusations of trading on inside information.
• For retail investors, purchases typically carry stronger signals than scheduled sales; this filing documents liquidity taken by an executive rather than new insider buying.