Form 4: Mobile Infrastructure Corp Insider Reclassifies Significant Shareholdings

Stephanie Hogue, President and Director of Mobile Infrastructure Corp (BEEP), has reclassified a substantial portion of her beneficial ownership, moving 1,498,636 shares from indirect to direct ownership.

Summary

• Stephanie Hogue, President and Director of Mobile Infrastructure Corp (BEEP), filed a Form 4 reporting changes in her beneficial ownership of common stock.
• On June 17, 2025, 1,498,636 shares of common stock were distributed from Bombe-MIC Pref, LLC to its members, including Ms. Hogue, for no consideration.
• Following this distribution, Ms. Hogue now directly beneficially owns 1,498,636 shares of Mobile Infrastructure Corp common stock.
• Additionally, Ms. Hogue continues to indirectly beneficially own 299,728 shares through Bombe-MIC Pref, LLC, where she is a member and manager.
• The total beneficial ownership for Ms. Hogue after the reported transaction is 1,798,364 shares (1,498,636 direct + 299,728 indirect).

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing reporting a reclassification of beneficial ownership, which is a factual disclosure and does not inherently convey positive or negative sentiment regarding the company's performance or outlook.

Management Comments

• Stephanie Hogue disclaims beneficial ownership of the distributed securities and the remaining indirectly held securities except to the extent of her pecuniary interest therein, stating that the report should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.

Industry Context

This filing is a routine disclosure of insider ownership changes, specifically a reclassification of shares from indirect to direct ownership. It does not provide information directly related to broader industry trends or competitive dynamics, but rather details an internal restructuring of an insider's holdings.

Related Party Transactions

• The transaction involves the distribution of securities from Bombe-MIC Pref, LLC, an entity where the reporting person, Stephanie Hogue, is a member and manager. This constitutes a related party transaction as it involves the transfer of securities between an insider and an entity she controls or manages.

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership structure of a key executive and director, clarifying the direct and indirect holdings of Stephanie Hogue.
• Employees, Customers, Suppliers, Creditors: No direct impact from this ownership reclassification.

Key Dates

Keywords

Mobile Infrastructure Corp, BEEP, Stephanie Hogue, SEC Form 4, Beneficial Ownership, Insider Transaction, Common Stock, Corporate Governance