SEC Form 4 · accession 0001628280-26-040778
Postal Realty Trust, Inc. · PSTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick R Donahoe
Director
Period of report
Jun 2, 2026
Accepted (ET)
Jun 4, 2026 · 4:08 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001759774
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTIP UnitsF1,F2,F3,F4 | — | Jun 2, 2026 | A | 9,381 | A | — | — | Class A common stock | 9,381 | 82,644 | D |
| LTIP UnitsF1,F3,F5 | — | Jun 2, 2026 | A | 3,198 | A | — | — | Class A common stock | 3,198 | 85,842 | D |
Explanation of responses
- F1Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
- F2Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 2, 2026, subject to certain conditions.
- F3The LTIP Units are a class of limited partnership units of Postal Realty LP.
- F4The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 2, 2026, which was $23.4503.
- F5The LTIP Units will vest ratably on the first, second and third anniversaries of June 2, 2026, subject to continued service on the Issuer's board of directors through the applicable vesting date.