Form 4: Broad Street Realty Director Thomas Yockey Receives 125,000 Shares of Restricted Stock

Thomas Yockey, a director at Broad Street Realty, acquired 125,000 shares of restricted common stock on June 21, 2024.

Summary

• Thomas M. Yockey, a director of Broad Street Realty, Inc. (BRST), reported a transaction on June 21, 2024.
• Yockey acquired 125,000 shares of common stock.
• The acquisition was a grant of restricted shares.
• The price per share was $0.
• These shares will vest on May 29, 2025.
• Following the transaction, Yockey directly owns 2,793,275 shares of Broad Street Realty, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a common transaction. The grant of restricted stock is generally viewed positively as it aligns management's interests with shareholders, but it's not a major event.

Positives

• The grant of restricted stock to a director aligns their interests with the long-term performance of the company.
• Yockey's increased stake in the company could signal confidence in its future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of confidence in the company's future.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock, Director, BRST, Broad Street Realty, Yockey, Thomas Yockey