BEEP Director Boosts Stake: What This RSU Grant Signals for Investors

Rhea-AI Filing Summary

Mobile Infrastructure Corp (BEEP) director David Garfinkle received a grant of 12,409 restricted stock units (RSUs) on June 18, 2025. The RSUs represent the right to receive an equivalent number of common stock shares upon vesting.

Key details of the transaction:

• Transaction Type: RSU Grant (Acquisition)
• Purchase Price: $0
• Vesting Schedule: 100% vesting on first anniversary of grant date
• Vesting Condition: Continued service as director
• Total Beneficial Ownership: 58,696 shares (including 12,409 unvested RSUs)

This Form 4 filing indicates standard equity-based compensation for board service, aligning the director's interests with shareholders through deferred stock ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GARFINKLE DAVID

(Last) (First) (Middle)

30 W. 4TH STREET

(Street)

CINCINNATI OH 45202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mobile Infrastructure Corp [ BEEP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2025		A		12,409(1)	A	$0	58,696(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

2. Includes 12,409 unvested RSUs.

	/s/ David Garfinkle	06/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many BEEP RSUs did Director David Garfinkle receive on June 18, 2025?

Director David Garfinkle received 12,409 restricted stock units (RSUs) of Mobile Infrastructure Corp (BEEP) on June 18, 2025. These RSUs were granted at $0 cost to the director.

When will David Garfinkle's BEEP RSUs vest?

The 12,409 RSUs granted to David Garfinkle will vest in full on the first anniversary of the grant date (June 18, 2026), subject to his continued service as a director of Mobile Infrastructure Corp.

How many total BEEP shares does David Garfinkle own after the RSU grant?

Following the RSU grant, David Garfinkle beneficially owns 58,696 shares of BEEP stock, which includes 12,409 unvested RSUs. All shares are held directly (not indirectly through other entities).

What is David Garfinkle's role at BEEP?

According to the Form 4 filing, David Garfinkle serves as a Director of Mobile Infrastructure Corp (BEEP). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.