Form 4: Postal Realty Trust Executive Jeremy Garber Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeremy Garber, President, Treasurer, and Secretary of Postal Realty Trust, disposed of shares to satisfy tax withholding obligations related to a restricted stock award.
Summary
- On December 31, 2024, Jeremy Garber, the President, Treasurer, and Secretary of Postal Realty Trust, Inc., disposed of 1,475 shares of Class A common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of a restricted stock award granted on January 31, 2022.
- The shares were disposed of at a price of $12.94 per share.
- Following the transaction, Garber directly owns 221,545 shares of Postal Realty Trust, Inc.'s Class A common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a standard transaction for tax purposes.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/31/2022 | Date of restricted stock award grant to Jeremy Garber |
| 12/31/2024 | Date of stock disposal to cover tax withholding |
| 01/03/2025 | Date of signature on the Form 4 filing |
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