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

Jack Heilbron, CEO of Presidio Property Trust, files a Form 4 detailing changes in his beneficial ownership of company stock and warrants.

Summary

• On June 11, 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.
• These include transactions involving Common Stock Series A and Common Stock Warrants.
• Heilbron directly owns 865,409 shares of Common Stock Series A.
• He also indirectly owns 79,552 shares of Common Stock Series A through Centurion Counsel, Inc.
• Additionally, he indirectly owns 22,600 shares of Common Stock Series A through various entities, including his wife, Puppy Toes, Inc., and for the benefit of his grandchildren.
• He disposed of 5,000 shares of Common Stock Series D.
• Heilbron directly owns 308,788 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Negatives

• Jack Heilbron disposed of 5,000 shares of Common Stock Series D.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's ownership and trading activities.
• It may influence investor sentiment depending on the perceived reasons for the transactions.

Key Dates

Keywords

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