Form 4: Presidio Property Trust CEO Jack Heilbron Reports Securities Transactions

Sentiment:

SEC Form 4


Jack Heilbron, CEO of Presidio Property Trust, reports the acquisition and disposal of company stock and warrants.

Summary

  • Jack Heilbron, the CEO of Presidio Property Trust, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
  • The report includes transactions involving Series A Common Stock and warrants.
  • On December 19, 2024, Heilbron purchased 100 shares of Series D Preferred Stock at $13.60 per share.
  • He also disposed of 6,300 shares of Series A Common Stock on the same day.
  • Heilbron also acquired 8,792 common stock warrants at $0.0283 on December 18, 2024.
  • The report also details indirect ownership through his wife, Puppy Toes, Inc., Centurion Counsel, Inc., and for the benefit of his grandchildren.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, 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.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the CEO's view of the company's stock value.

Key Dates

DateDescription
01/24/2022Date Common Stock Warrants are exercisable
01/24/2027Expiration date of Common Stock Warrants
12/18/2024Date of warrant transaction
12/19/2024Date of stock purchase and disposal

Keywords

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

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