CEDAR REALTY TRUST (CDR) officer reports 1,600 Series B preferred shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CEDAR REALTY TRUST, INC. executive Jason Simone, the Principal Accounting Officer, has filed an initial Form 3 showing beneficial ownership of the company’s 7.25% Series B Cumulative Redeemable Preferred Stock. The filing reports indirect ownership of 1,600 shares held through an Individual Retirement Account (IRA).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simone Jason
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | 7.25% Series B Cumulative Redeemable Preferred Stock | -- | -- | -- |
Holdings After Transaction:
7.25% Series B Cumulative Redeemable Preferred Stock — 1,600 shares (Indirect, Individual Retirement Account (IRA))
Footnotes (1)
Key Figures
Preferred shares held: 1,600 shares
Security coupon rate: 7.25%
Ownership type: Indirect (IRA)
3 metrics
Preferred shares held
1,600 shares
7.25% Series B Cumulative Redeemable Preferred Stock, indirect IRA holding
Security coupon rate
7.25%
Series B Cumulative Redeemable Preferred Stock
Ownership type
Indirect (IRA)
Individual Retirement Account (IRA) noted in nature of ownership
Key Terms
7.25% Series B Cumulative Redeemable Preferred Stock, Individual Retirement Account (IRA), beneficial ownership
3 terms
7.25% Series B Cumulative Redeemable Preferred Stock financial
"security_title: "7.25% Series B Cumulative Redeemable Preferred Stock""
Individual Retirement Account (IRA) financial
"nature_of_ownership: "Individual Retirement Account (IRA)""
An individual retirement account (IRA) is a personal savings account that offers tax advantages to help people set aside money for retirement, similar to a dedicated piggy bank with special tax rules. It matters to investors because contributions, growth, and withdrawals may be taxed differently than regular accounts, affecting long‑term returns and retirement income planning; choosing the right type of IRA can change how much you keep after taxes.
beneficial ownership financial
"Form 3 initial statement of beneficial ownership context for 1,600 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the CDR Form 3 filing by Jason Simone report?
The Form 3 reports that Principal Accounting Officer Jason Simone beneficially owns 1,600 shares of CEDAR REALTY TRUST’s 7.25% Series B Cumulative Redeemable Preferred Stock, held indirectly through an Individual Retirement Account (IRA) as disclosed in the ownership details.
What type of CDR security is listed in Jason Simone’s Form 3?
The security listed is CEDAR REALTY TRUST’s 7.25% Series B Cumulative Redeemable Preferred Stock. This is a preferred equity class with a stated 7.25% rate, reported as being beneficially owned indirectly through an IRA account associated with Jason Simone.
Is Jason Simone’s ownership in CDR reported as direct or indirect?
The ownership is reported as indirect. The Form 3 specifies that the 1,600 shares of 7.25% Series B Cumulative Redeemable Preferred Stock are held through an Individual Retirement Account (IRA), indicating indirect beneficial ownership rather than directly registered shares.
What is Jason Simone’s role at CEDAR REALTY TRUST in this Form 3?
The Form 3 identifies Jason Simone as an officer of CEDAR REALTY TRUST, serving as Principal Accounting Officer. This role classification explains why he is required to report his beneficial ownership of the company’s 7.25% Series B preferred stock.