Form 4: Mobile Infrastructure Corp Director Stephanie Hogue Reports Acquisition of Restricted Stock Units

Stephanie Hogue, a director and officer of Mobile Infrastructure Corp, reported the acquisition of 88,235 restricted stock units (RSUs) and provided details on her beneficial ownership of company stock.

Summary

• On March 10, 2025, Stephanie Hogue, President and Director of Mobile Infrastructure Corp, reported acquiring 88,235 restricted stock units (RSUs).
• These RSUs vest in three equal annual installments starting on the first anniversary of the grant date, contingent upon her continued service.
• Each RSU represents the right to receive one share of Mobile Infrastructure Corp's common stock.
• Following the transaction, Hogue directly owns 137,469 shares of common stock, including unvested RSUs.
• Hogue also reported indirect ownership through Bombe Asset Management, LLC (42,631 shares) and Bombe-MIC Pref, LLC (1,798,364 shares), as well as shares held in UGMA accounts for children (183, 182, and 183 shares respectively).
• Hogue disclaims beneficial ownership of shares held by Bombe Asset Management, LLC and Bombe-MIC Pref, LLC except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Positives

• The grant of RSUs to a key executive aligns her interests with those of the shareholders, incentivizing her to work towards the company's success.
• The vesting schedule encourages long-term commitment from the executive.

Management Comments

• The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Stephanie Hogue's holdings of Mobile Infrastructure Corp stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The vesting schedule of the RSUs is typical, aligning with industry norms for executive compensation.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor confidence.
• The RSU grant impacts the executive's compensation and incentives.

Key Dates