Cedar Realty CEO buys 1,472 preferred shares
CEDAR REALTY TRUST’s CEO increased his personal holdings of Series C preferred stock through an open-market purchase.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
CEDAR REALTY TRUST, INC. (CDR) reports that CEO and director Franklin Michael Andrew purchased 1,472 shares of its 6.50% Series C Cumulative Redeemable Preferred Stock on September 8, 2026 at $15.40 per share, bringing his direct holdings in this series to 2,327 shares. The filing also lists a direct holding of 2,138 shares of the 7.25% Series B Cumulative Redeemable Preferred Stock, with no change reported for that series. No transactions were reported under a Rule 10b5-1 trading plan.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 1,472 shares
Net Buy
2 txns
Insider
Franklin Michael Andrew
Role
CEO
Bought
1,472 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 6.50% Series C Cumulative Redeemable Preferred Stock | 1,472 | $15.40 | $23K |
| holding | 7.25% Series B Cumulative Redeemable Preferred Stock | -- | -- | -- |
Holdings After Transaction:
6.50% Series C Cumulative Redeemable Preferred Stock — 2,327 shares (Direct);
7.25% Series B Cumulative Redeemable Preferred Stock — 2,138 shares (Direct)
Key Figures
Series C shares purchased: 1,472 shares
Purchase price per Series C share: $15.40 per share
Series C shares held after transaction: 2,327 shares
+3 more
6 metrics
Series C shares purchased
1,472 shares
6.50% Series C Cumulative Redeemable Preferred Stock bought on September 8, 2026
Purchase price per Series C share
$15.40 per share
Price for 6.50% Series C Cumulative Redeemable Preferred Stock on September 8, 2026
Series C shares held after transaction
2,327 shares
Direct holdings of 6.50% Series C Cumulative Redeemable Preferred Stock after purchase
Series B preferred shares held
2,138 shares
Direct holdings of 7.25% Series B Cumulative Redeemable Preferred Stock as reported
Net buy-sell shares in filing
1,472 shares
Net result of reported buy and sell transactions in this Form 4
Buy transactions reported
1
Count of purchase transactions in this Form 4
Key Terms
Cumulative Redeemable Preferred Stock, Series C, Series B, Rule 10b5-1, +1 more
5 terms
Cumulative Redeemable Preferred Stock financial
"6.50% Series C Cumulative Redeemable Preferred Stock"
Cumulative redeemable preferred stock is a type of investment that gives shareholders priority over common stockholders to receive dividends and get their money back if the company is sold or closes. If the company misses dividend payments, it must pay them later before any dividends can go to other shareholders. This makes it a more secure and flexible option for investors seeking steady income with some ability to redeem their shares in the future.
Series C financial
"6.50% Series C Cumulative Redeemable Preferred Stock"
A Series C is a later-stage round of equity financing where outside investors provide substantial capital to a private company in exchange for ownership shares. It matters to investors because it signals the business has passed early development and is raising money to scale operations, enter new markets, or prepare for a sale or public listing; like swapping the engine for a bigger one to go faster, it affects valuation, ownership stake, and potential return or risk.
Series B financial
"7.25% Series B Cumulative Redeemable Preferred Stock"
A Series B is a later-stage private funding round where a growing company raises new capital from investors in exchange for ownership shares. It typically comes after early rounds and is meant to finance expansion—think of moving from a neighborhood shop to a regional chain—so it affects the company’s reported value and how much existing owners are diluted. Investors use a Series B as a signal that the business has proven demand and is preparing for bigger growth, which helps assess risk and potential return.
Rule 10b5-1 regulatory
"No transactions were reported under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CDR’s CEO buy in the latest Form 4 filing?
Franklin Michael Andrew purchased 1,472 shares of CEDAR REALTY TRUST’s 6.50% Series C Cumulative Redeemable Preferred Stock on September 8, 2026 at a price of $15.40 per share in an open-market or private transaction.
What is the CEO’s reported holding of CDR’s Series B preferred stock?
The Form 4 lists a direct holding of 2,138 shares of CEDAR REALTY TRUST’s 7.25% Series B Cumulative Redeemable Preferred Stock for Franklin Michael Andrew, with this entry reported as a holding rather than a new transaction.
Was the CDR insider’s preferred stock purchase under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no indication in the footnotes or data that the September 8, 2026 preferred stock purchase was made under a Rule 10b5-1 trading plan.
What type of transaction code is used for the CDR CEO’s purchase?
The transaction uses code P, which the data describes as a purchase in open market or private transaction, for the acquisition of 1,472 shares of 6.50% Series C Cumulative Redeemable Preferred Stock on September 8, 2026.
Are the CDR insider’s preferred stock holdings direct or indirect?
Both the 6.50% Series C and 7.25% Series B Cumulative Redeemable Preferred Stock positions are reported as direct holdings, indicated by ownership code "D" in the Form 4 data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
