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Postal Realty Trust, Inc.·4

Jun 4, 4:09 PM ET

Gural-Senders Jane 4

Research Summary

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Postal Realty Trust (PSTL) Director Jane Gural-Senders Receives LTIP Award

What Happened

  • Jane Gural-Senders, a director of Postal Realty Trust, received two grants of LTIP units on June 2, 2026: 3,070 units (derivative, reported N/A price) and 3,198 units reported at $0.00. These LTIP units were granted in lieu of cash compensation. Using the filing’s 10‑day VWAP of $23.4503, the combined grant has an implied value of roughly $147,000. This is an equity-style compensation award (not an open-market purchase or sale).

Key Details

  • Transaction date: June 2, 2026; Filing date: June 4, 2026 (filed promptly).
  • Reported items: 3,070 LTIP units (derivative; price N/A) and 3,198 LTIP units ($0.00 reported).
  • Valuation shown in footnote: VWAP for 10 trading days ending June 2, 2026 = $23.4503 (implied total value ≈ $146,986).
  • Shares/units owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes of note:
    • LTIP Units are a class of limited partnership units of Postal Realty LP and are convertible into equivalent Operating Partnership (OP) units (F1, F3).
    • OP Units are redeemable for cash or, at the issuer’s election, one-for-one into Class A common stock or the cash value of such shares (F1).
    • Units were granted in lieu of cash compensation under the Alignment of Interest Program (F2, F4).
    • Vesting: footnotes indicate the LTIP Units vest ratably on the first, second and third anniversaries of June 2, 2026, subject to continued board service (F5); another footnote references vesting conditions connected to the third anniversary (F2).
    • LTIP Units do not have expiration dates (F1).

Context

  • These grants are compensation awards to a director and are not direct purchases or sales of stock on the open market. Such awards align the director’s interests with shareholders but are routine forms of pay and do not, by themselves, indicate a buy/sell signal. The units vest over time and can convert to partnership units redeemable for cash or shares, so their economic value will depend on future conversions and any applicable service or performance conditions.