Cedar Realty (CDR) CEO Franklin Michael Andrew Buys 1,472 Shares

What Happened
Franklin Michael Andrew, CEO and director of Cedar Realty Trust (CDR), reported a purchase of 1,472 shares on 2026-09-08. The transaction price was $15.40 per share, for a total acquisition value of $22,669. The filing indicates a purchase (transaction code P), described as "open market or private purchase" in the Form 4.

Key Details

• Transaction date: 2026-09-08; reported on Form 4 filed 2026-09-09 (appears timely).
• Price: $15.40 per share; Shares acquired: 1,472; Total value: $22,669.
• Transaction type: Purchase (code P) — open market or private purchase as noted.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes/Plans: No 10b5-1 plan, tax withholding, or other special footnotes were reported in the excerpt provided.

Context
Insider purchases like this are often viewed by investors as a positive signal because executives are adding to their holdings, but they do not prove future stock performance. This transaction is a straightforward share purchase (not an option exercise, gift, or award).