LEFKOWITZ BARRY 4

4 · Postal Realty Trust, Inc. · Filed Jun 4, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

Postal Realty (PSTL) Director Barry Lefkowitz Receives Award

What Happened

Barry Lefkowitz, a director of Postal Realty Trust, received two LTIP unit grants on June 2, 2026: 4,776 units (price N/A) and 3,198 units (recorded at $0.00). The combined grant is 7,974 LTIP units. Using the 10‑day volume‑weighted average price of $23.4503 reported in the filing, the awards are roughly $187,000 in value. This was an award/grant (derivative units), not an open‑market purchase or sale.

Key Details

Transaction date: 2026-06-02. Form filed: 2026-06-04 (appears timely).
Grants: 4,776 LTIP units @ N/A; 3,198 LTIP units @ $0.00 (combined 7,974 units). Estimated combined value ≈ $186,993 (based on 10‑day VWAP $23.4503) (F4).
Vesting: LTIP units vest ratably on the first, second and third anniversaries of June 2, 2026, subject to continued service (F5; F2 notes these were in lieu of cash compensation).
Instrument: LTIP units are limited partnership units of Postal Realty LP convertible by the issuer into OP Units; OP Units are redeemable for cash or, at the issuer’s election, Class A shares on a one‑for‑one basis. LTIP units have no expiration (F1, F3).
Shares/units owned after transaction: not disclosed in this filing.
Filing timeliness: filed two days after the transaction — no late‑filing flag in the record.

Context

These are compensation awards (LTIP units) granted in lieu of cash, not direct stock purchases or sales. LTIP units are derivative partnership units that will convert/be redeemable in the future; vesting and conversion terms (and continued board service) govern when value is realized. Awards are routine executive/director compensation and should be interpreted as such.

Form 4

Period: 2026-06-02

Director

Transactions

Award
LTIP Units
[F1][F2][F3][F4]
2026-06-02+4,776→ 45,061 total
→ Class A common stock (4,776 underlying)
Award
LTIP Units
[F1][F3][F5]
2026-06-02+3,198→ 48,259 total
→ Class A common stock (3,198 underlying)

Footnotes (5)

[F1]Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("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.
[F2]Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 2, 2026, subject to certain conditions.
[F3]The LTIP Units are a class of limited partnership units of Postal Realty LP.
[F4]The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 2, 2026, which was $23.4503.
[F5]The LTIP Units will vest ratably on the first, second and third anniversaries of June 2, 2026, subject to continued service on the Issuer's board of directors through the applicable vesting date.

Signature

/s/ Joseph Antignani, attorney-in-fact|2026-06-04

1 file