SCHEDULE: MCB PR Capital Exits Whitestone REIT Position

MCB PR Capital LLC and associated entities have filed an exit report after disposing of their remaining stake in Whitestone REIT.

Summary

• MCB PR Capital LLC, MCB Acquisitions Manager LLC, and P. David Bramble have reduced their beneficial ownership in Whitestone REIT to below 5%.
• The reporting persons sold 4,175,005 shares on June 22, 2026, at a price of $18.9188 per share.
• An additional 0.193 shares were sold on May 12, 2026, at $18.98 per share.
• This filing serves as the final amendment and exit filing for the group regarding their Schedule 13D obligations.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event; it is a standard regulatory exit filing following the divestment of a significant equity position.

Positives

• The reporting group successfully liquidated their position, providing liquidity to the investors.

Negatives

• The reporting group previously settled with the SEC for $75,000 regarding a failure to timely file Schedule 13D disclosures.

Risks

• The exit of a significant shareholder may lead to increased volatility in the short term for Whitestone REIT common shares.

Future Outlook

The reporting persons have ceased to be beneficial owners of more than 5% of the Issuer's common shares and are no longer required to report changes in ownership.

Management Comments

• The reporting persons have ceased to be the beneficial owner of more than five percent (5%) of the outstanding Common Shares and are no longer required to report changes in beneficial ownership.

Industry Context

StockSavvy.ai notes that the exit of activist or significant institutional investors from REITs often signals a shift in capital allocation strategies or the conclusion of a specific investment thesis regarding the target's management or portfolio.

Comparison to Industry Standards

• The exit filing follows standard SEC regulatory requirements for entities dropping below the 5% ownership threshold.
• The $75,000 civil penalty for late filing is consistent with SEC enforcement actions regarding Section 13(d) compliance.

Legal Proceedings

• On May 4, 2026, MCB Acquisitions Manager LLC settled with the SEC for $75,000 regarding a failure to timely file Schedule 13D disclosures.

Stakeholder Impact

• Shareholders may experience price fluctuations due to the exit of a large block holder.

Next Steps

• No further filings required by the reporting persons regarding Whitestone REIT.

Key Dates

Keywords

Whitestone REIT, Schedule 13D, Exit Filing, MCB PR Capital, Shareholder Disclosure, Real Estate Investment Trust