Form 4: Broad Street Realty Director Samuel Spiritos Increases Stake with $30,000 Purchase

Director Samuel Spiritos of Broad Street Realty, Inc. (BRST) acquired 30,000 shares of common stock at an average price of $0.37 on May 17, 2024, increasing his total holdings.

Summary

• On May 17, 2024, Samuel M. Spiritos, a director of Broad Street Realty, Inc. (BRST), purchased 30,000 shares of common stock.
• The shares were acquired at a weighted average price of $0.37, with individual transactions ranging from $0.36 to $0.40.
• Following the transaction, Spiritos directly owns 324,560 shares of Broad Street Realty, Inc.
• Spiritos also indirectly owns 13,827 shares through SR BSV Spotswood LLC, where he serves as the manager.
• He disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the amount is not substantial enough to indicate a major shift in sentiment.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company insiders and their confidence in the company's stock.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Broad Street Realty, BRST, Samuel Spiritos, insider trading, Form 4, stock purchase, director, ownership