Form 4: Presidio Property Trust CEO Jack Heilbron Reports Transactions in Company Stock and Warrants
SEC Form 4 Filing
Jack Heilbron, CEO of Presidio Property Trust, reports the acquisition and disposal of warrants and adjustments to direct and indirect holdings of company stock.
Summary
- On September 20, 2024, Jack Heilbron, the CEO of Presidio Property Trust, engaged in transactions involving the company's securities.
- He acquired 4,159 warrants at a price of $0.031 each.
- He also acquired 500 warrants on September 23, 2024, at a price of $0.0312 each.
- These transactions have altered his direct and indirect ownership of Presidio Property Trust's Series A Common Stock and warrants.
- He directly owns 894,379 shares of Series A Common Stock.
- He also directly owns 431,230 warrants.
- His indirect holdings include shares held 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. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 01/24/2022 | Date warrants become exercisable |
| 01/24/2027 | Expiration date of warrants |
| 09/20/2024 | Date of earliest transaction reported |
| 09/23/2024 | Date of signature |
Keywords
Form 4, Beneficial Ownership, Jack Heilbron, Presidio Property Trust, PPTINC, Securities Transactions, Warrants, Common Stock, Insider Trading
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