Form 4: Mobile Infrastructure Corp Director Garfinkle Acquires Shares Through Restricted Stock Unit Conversion

Director David Garfinkle of Mobile Infrastructure Corp. acquired 31,587 shares of common stock on January 10, 2025, through the conversion of restricted stock units.

Summary

• On January 10, 2025, David Garfinkle, a director of Mobile Infrastructure Corp (BEEP), acquired 31,587 shares of common stock.
• This acquisition resulted from the conversion of 31,587 restricted stock units (RSUs).
• Following the transaction, Garfinkle directly owns 46,287 shares of Mobile Infrastructure Corp.
• The restricted stock units were granted on January 10, 2024, and vested on the first anniversary of the grant date, contingent upon Garfinkle's continued service as a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The acquisition of shares by a director could be seen as a positive signal, but it's part of a pre-existing compensation plan.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard compensation practices using restricted stock units.

Key Dates