Form 4: Mobile Infrastructure Corp Director Converts Units to Shares

Director Jeffrey Osher converted 445,541 common units into an equal number of common shares of Mobile Infrastructure Corp.

Summary

• Jeffrey Osher, a director of Mobile Infrastructure Corp, converted 445,541 common units into 445,541 shares of common stock on November 22, 2024.
• The common units were held through O Cincy Family II, LLC, of which Mr. Osher is the manager.
• Mr. Osher also has indirect beneficial ownership of a significant number of shares through other entities including HSCP Strategic III L.P., Harvest Small Cap Partners, L.P., and Harvest Small Cap Partners Master, Ltd.
• The conversion of common units to shares was done at no cost, with a small cash payment of $0.89 made for fractional shares.

Sentiment

Score: 5

Explanation: This is a routine filing related to insider transactions, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is required when a company insider makes a transaction involving the company's securities. It provides transparency into the ownership changes of company insiders.

Comparison to Industry Standards

• Form 4 filings are a common occurrence for publicly traded companies, and this filing is consistent with standard practices.
• The conversion of units to shares is a typical transaction for companies with complex ownership structures.

Stakeholder Impact

• The conversion of units to shares does not have a direct impact on stakeholders, but it does provide transparency into the ownership structure of the company.

Key Dates

Keywords

beneficial ownership, common stock, common units, conversion, director, Mobile Infrastructure Corp, Jeffrey Osher, insider trading