Form 4: Mobile Infrastructure Corp: Director Jeffrey Osher Reports Conversion of Common Units to Common Stock

Director Jeffrey Osher reports the conversion of common units into common stock and adjustments in beneficial ownership for Mobile Infrastructure Corp.

Summary

• On October 4, 2024, Jeffrey Osher, a director and 10% owner of Mobile Infrastructure Corp (BEEP), reported transactions involving the company's securities.
• Osher converted 7,997,842 common units into an equal number of shares of common stock.
• Following the transaction, Osher's directly held common stock increased to 95,000 shares.
• Osher also has indirect ownership through HSCP Strategic III L.P. (17,801,980 shares), Harvest Small Cap Partners, L.P. (2,154,091 shares), and Harvest Small Cap Partners Master, Ltd. (4,340,457 shares).
• Osher disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) to report transactions in their company's securities, providing transparency to the market.

Stakeholder Impact

• The conversion of common units to common stock may have a slight dilutive effect on existing shareholders.

Key Dates