Welcome to our dedicated page for Clipper Realty SEC filings (Ticker: CLPR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Clipper Realty Inc. (NYSE: CLPR) provide detailed insight into its operations as a self-administered and self-managed real estate company focused on multifamily residential and commercial properties in the New York metropolitan area. Through annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, the company discloses information about its properties, segment results, financing arrangements and governance.
In these filings, Clipper Realty presents residential and commercial rental income, property operating expenses, real estate taxes and insurance, general and administrative costs, depreciation and amortization, and net income or loss. The company also reconciles non-GAAP measures such as NOI, FFO and AFFO to the most comparable GAAP metrics, explaining how these measures are used to evaluate property performance and cash generation.
Current reports on Form 8-K highlight material events affecting specific properties and loans. Examples include loan agreements and modifications secured by 141 Livingston Street, events of default and potential foreclosure actions related to 250 Livingston Street, and a refinancing secured by the 1010 Pacific Street residential property. These filings describe principal amounts, interest rates, maturities, guarantees and key covenants or events of default.
Other filings cover stockholder and governance matters, such as the results of the Annual Meeting of Stockholders and the approval of equity incentive plans. Together, these documents give a structured view of Clipper Realty’s capital structure, property-level financing, lease arrangements with tenants such as New York City agencies and the company’s approach to compensation and oversight.
On this page, users can access Clipper Realty’s SEC reports as they are posted to EDGAR and use AI-powered summaries to quickly understand complex documents, including 10-K and 10-Q disclosures, 8-K event descriptions and any reported debt or lease modifications.
Clipper Realty Inc. director Roberto Angelo Verrone exercised derivative interests linked to the company’s operating partnership into common equity. He converted 11,020 Operating Partnership units (received for vested LTIP units) into 11,020 shares of Clipper Realty common stock at an exercise price of $0.00 per share.
After these transactions, Verrone holds 26,999 shares of common stock directly and 7,961 Operating Partnership units, all reported as direct ownership. The filing reflects a compensation-related derivative exercise and conversion, with no open-market purchases or sales disclosed.
Clipper Realty Inc. director and 10% owner Sam Levinson reported receiving two equity awards of Long Term Incentive Plan Units on February 24, 2026, covering 68,973 and 164,003 LTIP Units at no cash cost. These LTIP Units are issued by Clipper Realty L.P., the company’s operating partnership, and can later be converted into OP Units, which are in turn redeemable for either cash equal to the company’s common share price or one share of common stock per unit. One grant vests in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, while the second grant vests in full on January 1, 2029. The rights to convert LTIP Units into OP Units and redeem OP Units do not have expiration dates.
Clipper Realty Inc. director Roberto Angelo Verrone received a grant of 7,961 Long Term Incentive Plan Units (LTIP Units) of Clipper Realty L.P., a subsidiary partnership. Following this award, he holds 18,981 derivative LTIP Units directly.
The LTIP Units will vest in four equal 25% installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. Once vested, each LTIP Unit can be converted into one OP Unit, which may be redeemed for cash equal to the Company’s common stock price or, at the Company’s election, one share of common stock.
Clipper Realty Inc. director Robert Jay Ivanhoe reported receiving a grant of 7,961 Long Term Incentive Plan (LTIP) units of Clipper Realty L.P. on February 26, 2026. These LTIP units were awarded at no cash cost and increase his directly held derivative position to 34,960 units.
The LTIP units vest in four equal 25% installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. Once vested, each LTIP unit can be converted into one OP Unit, which may be redeemed for cash equal to the price of one common share or, at the company’s election, one share of common stock. The conversion and redemption rights do not have expiration dates.
Clipper Realty Inc. director Richard N. Burger received a grant of 7,961 Long Term Incentive Plan units (LTIP Units) on February 26, 2026 at a price of $0.00 per unit. Following this award, he holds 33,293 LTIP Units directly.
The LTIP Units are a class of units in Clipper Realty L.P., the company’s operating partnership. After they vest, each LTIP Unit can be converted into one operating partnership (OP) unit, and each OP unit can be redeemed for cash equal to the market price of one Clipper Realty common share or, at the company’s election, one share of common stock.
The grant vests in four equal installments of 25% each on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. This structure ties the director’s potential future ownership more closely to the company’s long-term performance and unit price.
Clipper Realty Inc. Chief Financial Officer Lawrence E. Kreider received a grant of 71,686 Long Term Incentive Plan Units on February 24, 2026. These LTIP Units are a class of units in Clipper Realty L.P., the company’s operating partnership.
The LTIP Units will vest in full on January 1, 2029. Once vested, they can be converted into an equal number of operating partnership units, each of which may be redeemed for cash equal to the market price of one Clipper Realty common share or, at the company’s election, one share of its common stock.
Clipper Realty Inc. granted Chief Property Management Officer Jacob Schwimmer 76,637 Long Term Incentive Plan (LTIP) units on February 26, 2026 at a price of $0 per unit. Following this award, he directly holds 1,172,938 derivative securities tied to the company.
The LTIP units are a class of units in Clipper Realty L.P., the company’s operating partnership. They will vest in full on January 1, 2029 and then may be converted into an equivalent number of operating partnership units, which can be redeemed for cash equal to the company’s common share price or, at the company’s election, one share of common stock per unit.
Clipper Realty Inc. Chief Operating Officer Jacob Bistricer received a grant of 76,637 Long Term Incentive Plan (LTIP) units on February 24, 2026. These LTIP units vest in full on January 1, 2029 and can then be converted into operating partnership units, which are redeemable for cash or common stock.
LORBER HOWARD M reported acquisition or exercise transactions in this Form 4 filing.
Clipper Realty Inc. director Howard M. Lorber reported an equity-based compensation grant consisting of 7,961 Long Term Incentive Plan (LTIP) Units of Clipper Realty L.P. on February 24, 2026, at a stated price of $0.00 per unit. Following this award, he directly holds 34,960 LTIP Units.
The LTIP Units are convertible, after vesting, into an equal number of operating partnership (OP) units, which may then be redeemed for cash equal to the price of one common share of Clipper Realty Inc. or, at the company’s election, one share of its common stock. The grant vests in four equal 25% installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026.
Clipper Realty Inc. director Harmon Spolan received a grant of 7,961 Long Term Incentive Plan (LTIP) units of Clipper Realty L.P. on February 24, 2026 at a price of $0.00 per unit. Following this award, Spolan directly holds 33,293 LTIP units.
The LTIP units are a class of operating partnership units that, once vested, can be converted into an equivalent number of OP Units of Clipper Realty L.P. Each OP Unit can then be redeemed for cash equal to the market price of one Clipper Realty Inc. common share or, at the company’s election, one share of common stock. The LTIP units vest in four equal 25% installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, and the conversion and redemption rights do not expire.