Bakke Stephen Michael bought PSTL
November 5, 2025 · Form 4 insider transaction
Bakke Stephen Michael bought 33,569 shares of Postal Realty Trust, Inc. at $14.89 per share, a transaction worth $500.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Following the occurrence of certain events and upon vesting, the LTIP Units are convertible into an equivalent number of limited partnership units of Postal Realty LP (the "Operating Partnership") ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of Postal Realty Trust, Inc. (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.; Reflects LTIP Unit grants in lieu of cash compensation that vest on December 31, 2026, subject to certain conditions.; The LTIP Units are a class of limited partnership units of the Operating Partnership.; 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 November 5, 2025, which was $14.8945.