Form 4: Presidio Property Trust CEO Jack Heilbron Reports Changes in Beneficial Ownership

Jack Heilbron, CEO of Presidio Property Trust, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.

Summary

• On September 17, 2024, Jack Heilbron, the CEO of Presidio Property Trust, filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of Presidio Property Trust's securities.
• The reported transactions include the disposition of 5,100 shares of Series D Common Stock.
• Heilbron directly owns 894,379 shares of Series A Common Stock.
• He also indirectly owns 22,600 shares of Series A Common Stock through various entities and family members.
• Additionally, he directly owns 426,571 Common Stock Warrants and indirectly owns 21,500 Common Stock Warrants.
• The transactions also include the purchase of 721 Common Stock Warrants at a price of $0.0308 on September 13, 2024.

Sentiment

Score: 5

Explanation: This is a routine filing of changes in beneficial ownership, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing allows investors to track changes in ownership by key executives and directors, which can provide insights into their confidence in the company's prospects.

Key Dates

Keywords

Form 4, Beneficial Ownership, Securities, Presidio Property Trust, Jack Heilbron, PPTINC, Common Stock, Warrants