Form 4: Broad Street Realty Director Samuel Spiritos Acquires Restricted Shares and Disposes of Holdings

Director Samuel M. Spiritos of Broad Street Realty, Inc. reports acquisition of 125,000 restricted shares and disposal of 13,827 shares held indirectly through SR BSV Spotswood LLC.

Summary

• On June 21, 2024, Samuel M. Spiritos, a director of Broad Street Realty, Inc., acquired 125,000 shares of common stock.
• These shares are restricted and will vest on May 29, 2025.
• On the same date, Spiritos disposed of 13,827 shares of common stock held indirectly through SR BSV Spotswood LLC.
• Following these transactions, Spiritos directly owns 449,560 shares of Broad Street Realty, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. The acquisition of restricted shares could be seen as a positive sign, but the disposal of shares through an LLC tempers that sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The acquisition and disposal of shares by a director may influence investor perception of the company's prospects.

Key Dates

Keywords

Form 4, Beneficial Ownership, Broad Street Realty, BRST, Samuel Spiritos, Director, Restricted Shares, SR BSV Spotswood LLC