Form 4: Presidio CEO's Routine Stock Withholding for Taxes
Statement of Changes in Beneficial Ownership
Presidio Property Trust CEO Jack Heilbron reported a disposition of 6,783 shares of Common Stock Series A to cover payroll tax obligations.
Summary
- Jack Kendrick Heilbron, Chief Executive Officer and Director of Presidio Property Trust, Inc. (PPTINC), reported a transaction involving company stock.
- On December 30, 2025, Mr. Heilbron disposed of 6,783 shares of Common Stock Series A.
- This disposition was a withholding by the company to cover payroll tax obligations, with the shares valued at $3.67 each.
- Following this transaction, Mr. Heilbron directly beneficially owns 94,658 shares of Common Stock Series A.
Sentiment
Score: 5
Explanation: The filing reports a routine, administrative transaction (tax withholding) by an insider, which is neutral in sentiment and does not indicate any significant positive or negative developments for the company.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/30/2025 | Date of transaction where 6,783 shares were withheld for payroll tax. |
| 12/31/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
Presidio Property Trust, PPTINC, Jack Heilbron, Form 4, Insider Transaction, Stock Withholding, CEO, Director, Common Stock, Payroll Tax
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