Form 4: Presidio Property Trust CEO Jack Heilbron Reports Stock and Warrant Transactions
SEC Form 4 Filing
CEO Jack Heilbron reports multiple transactions involving Presidio Property Trust's Series A and D common stock, as well as warrants.
Summary
- Jack Heilbron, CEO of Presidio Property Trust, reported several transactions involving the company's securities.
- On June 21, 2024, Heilbron purchased 100 shares of Series D common stock at $15.57 per share, increasing his direct holdings to 5,100 shares.
- On the same day, he also acquired 4,000 shares of Series A common stock at $0.7446 per share, bringing his direct holdings to 876,009 shares.
- On June 24, 2024, Heilbron purchased an additional 5,000 shares of Series A common stock at $0.68 per share, increasing his direct holdings to 881,009 shares.
- He also indirectly holds 22,600 shares of Series A common stock through various entities and 79,552 shares through Centurion Counsel, Inc.
- Additionally, Heilbron purchased 20,000 warrants for Series A common stock at $0.04 each on June 24, 2024, bringing his direct holdings to 335,928 warrants.
- He indirectly holds 21,500 warrants 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 it simply reports transactions. It doesn't indicate positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's confidence in the company's prospects.
Stakeholder Impact
- The transactions may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/24/2022 | Date warrants are exercisable |
| 06/21/2024 | Date of Series D and Series A common stock purchase. |
| 06/24/2024 | Date of Series A common stock and warrant purchase. |
| 01/24/2027 | Expiration date of warrants |
Keywords
Presidio Property Trust, PPTINC, Jack Heilbron, Series A Common Stock, Series D Common Stock, Warrants, SEC Form 4, Insider Trading
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