Mobile Infrastructure (BEEP) Director Increases Stake to 61,276 Shares

Rhea-AI Filing Summary

Form 4 disclosure: Director David Garfinkle reported purchases of Mobile Infrastructure Corp (ticker: BEEP) common stock on 08/29/2025. He acquired 2,117 shares at $3.83 per share and 463 shares at $3.85 per share, bringing his beneficial ownership to 61,276 shares (direct ownership). The filing shows no derivative transactions and is signed by Mr. Garfinkle on 09/02/2025. The form was filed as a single reporting person disclosure.

Positive

• Director increased direct ownership by 2,580 shares, ending with 61,276 shares beneficially owned
• Timely, compliant filing signed by the reporting person (09/02/2025) with clear transaction details and no derivatives

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchases totaling 2,580 shares at roughly $3.84 indicate a routine, modest increase in director stake.

This Form 4 records two open-market purchases by a company director on 08/29/2025 totaling 2,580 shares paid at approximately $3.83–$3.85 per share, increasing direct beneficial ownership to 61,276 shares. The transactions are small relative to most public-company floats and do not include derivative activity, suggesting no exercise or option-related events. For investors, this is a routine insider purchase disclosure rather than a material corporate event.

Corporate Governance Expert

TL;DR: Director purchase is a standard Section 16 disclosure with no apparent governance or compliance issues.

The filing identifies David Garfinkle as a director and shows timely reporting and manual signature, meeting Section 16 requirements. Purchases were reported individually for common stock and ownership is direct. There are no indications of plan-based trades or amendments. This disclosure reflects standard insider activity and proper filing protocol.

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
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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)
08/29/2025

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	08/29/2025		P		2,117	A	$3.83	60,813	D
Common Stock	08/29/2025		P		463	A	$3.85	61,276	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:

	/s/ David Garfinkle	09/02/2025
	** 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

What transactions did David Garfinkle report on Form 4 for BEEP?

He reported two purchases on 08/29/2025: 2,117 shares at $3.83 and 463 shares at $3.85.

What is David Garfinkle's beneficial ownership of BEEP after these transactions?

The filing reports his direct beneficial ownership as 61,276 shares following the reported transactions.

Were any derivative securities (options, warrants) reported in this Form 4 for BEEP?

No. Table II shows no derivative securities were acquired, disposed of, or beneficially owned in this filing.

When was the Form 4 signed and filed by the reporting person?

The Form 4 is signed by David Garfinkle on 09/02/2025 and lists the transaction date as 08/29/2025.