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 company stock and warrants.

Summary

• On June 13, 2024, Jack Heilbron, the CEO of Presidio Property Trust, filed a Form 4 with the SEC.
• The filing reports changes in his direct and indirect beneficial ownership of Presidio Property Trust's common stock and warrants.
• Heilbron directly owns 865,409 shares of Series A Common Stock.
• He also indirectly owns 22,600 shares of Series A Common Stock through his wife, Puppy Toes, Inc., Centurion Counsel, Inc., and for the benefit of his grandchildren.
• He disposed of 5,000 shares of Series D Common Stock.
• Heilbron directly owns 309,711 Common Stock Warrants.
• He also indirectly owns 21,500 Common Stock Warrants through his wife, Puppy Toes, Inc., Centurion Counsel, Inc., and for the benefit of his grandchildren.
• He acquired 923 Common Stock Warrants at a price of $0.0411 on June 12, 2024.

Sentiment

Score: 5

Explanation: This is a neutral filing of a Form 4, indicating changes in beneficial ownership. It doesn't inherently suggest positive or negative sentiment.

Negatives

• The document indicates a disposal of 5,000 shares of Series D Common Stock by the CEO.

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 the CEO's investment decisions in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's investment activities in the company.

Key Dates

Keywords

Form 4, beneficial ownership, Presidio Property Trust, Jack Heilbron, stock, warrants, PPTINC, SEC