Form 4: Presidio Property Trust CEO Jack Heilbron Reports Stock and Warrant Transactions

Jack Heilbron, CEO of Presidio Property Trust, reports the acquisition of common stock and warrants, along with existing holdings.

Summary

• Jack Heilbron, the CEO of Presidio Property Trust, filed a Form 4 detailing changes in beneficial ownership.
• The report includes transactions involving Series A Common Stock and warrants.
• On September 26, 2024, Heilbron purchased 400 shares of Series A Common Stock at $0.651 per share.
• He also acquired warrants on September 24 and 26, 2024, at prices of $0.0311 and $0.0309 per warrant.
• The warrants have an exercise price of $7 and expire on January 24, 2027.
• Heilbron directly owns 894,779 shares of Series A Common Stock after the reported transaction.
• He also directly owns 432,539 warrants.
• He indirectly owns shares through his wife, Puppy Toes, Inc., Centurion Counsel, Inc., and for the benefit of his grandchildren.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Key Dates

Keywords

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