Form 4: Broad Street Realty Director Samuel Spiritos Increases Stake with Recent Stock Purchase

Director Samuel Spiritos of Broad Street Realty, Inc. [BRST] recently acquired 19,000 shares of common stock at an average price of $0.14, increasing his direct holdings.

Summary

• On August 16, 2024, Samuel M. Spiritos, a director of Broad Street Realty, Inc. [BRST], purchased 19,000 shares of common stock.
• The shares were acquired at a weighted average price of $0.14, with individual prices ranging from $0.1211 to $0.1480.
• Following the transaction, Spiritos directly owns 506,953 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: 5

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The purchase itself could be seen as slightly positive, but the document is purely informational.

Positives

• The director's purchase could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. This purchase by a director is a routine transaction that is required to be reported to the SEC.

Key Dates

Keywords

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