Clipper Realty: Starburst buys 13,606 shares
The two transaction price ranges were $3.35–$3.39 and $3.365–$3.38 per share, alongside weighted averages of $3.3770 and $3.3795.
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
Clipper Realty Inc. (CLPR) director and 10% owner Sam Levinson reported purchases by Starburst 2016 II LLC of 13,606 common shares on September 23, 2026, at a weighted average price of $3.3770 per share, and 9,317 shares on September 24, 2026, at $3.3795 per share. The respective disclosed price ranges were $3.35–$3.39 and $3.365–$3.38 per share. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Net Buyer: 22,923 shares
Net Buy
2 txns
Insider
Levinson Sam
Role
Director, 10% Owner
Bought
22,923 shs ($77K)
Increase in Position
5.9%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F2 | 9,317 | $3.3795 | $31K |
| Purchase | Common Stock F1 | 13,606 | $3.377 | $46K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F4 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Special Voting Stock F5 | -- | -- | -- |
| Holding | Special Voting Stock F5 | -- | -- | -- |
| Holding | Special Voting Stock F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 411,021 shares (Indirect, By Starburst 2016 II LLC, a Delaware limited liability company);
Common Stock — 82,203 shares (Direct);
Common Stock — 83,994 shares (Indirect, See Footnote);
Common Stock — 1,253,016 shares (Indirect, By Trapeze Inc., a Delaware corporation);
Common Stock — 136,782 shares (Indirect, By Trapeze D Holdings LLC, a Delaware limited liability company);
Common Stock — 128,185 shares (Indirect, By ECL Holdings LLC, a Delaware limited liability company);
Special Voting Stock — 4,464,692 shares (Indirect, By Trapeze Inc., a Delaware corporation);
Special Voting Stock — 1,362,039 shares (Indirect, By Trapeze D Holdings LLC, a Delaware limited liability company);
Special Voting Stock — 1,469,548 shares (Indirect, By ECL Holdings LLC, a Delaware limited liability company)
Holdings Before and After:
Common Stock, 388,098 to 411,021 shares (Indirect, By Starburst 2016 II LLC, a Delaware limited liability company)
Footnotes (5)
- F1. The price is the weighted average price for the acquisitions reported on this Form 4. The range of prices for the transactions reported on this Form 4 is between $3.35 and $3.39 per share. Complete information regarding the number of shares purchased at each separate price will be provided upon request by Commission Staff, the Issuer or a security holder of the Issuer.
- F2. The price is the weighted average price for the acquisitions reported on this Form 4. The range of prices for the transactions reported on this Form 4 is between $3.365 and $3.38 per share. Complete information regarding the number of shares purchased at each separate price will be provided upon request by Commission Staff, the Issuer or a security holder of the Issuer.
- F3. Held through a profit sharing plan at National Financial Services LLC.
- F4. Held by the Reporting Person's spouse through a profit sharing plan at National Financial Services LLC of which the Reporting Person is co-trustee.
- F5. Special Voting Stock is a class of stock of the Issuer that does not share in any distribution to stockholders of the Issuer, but gives the holder thereof one vote per share on all matters on which the Issuer's holders of Common Stock vote, subject to certain exceptions. Class B LLC Units are units of certain limited liability companies that are indirect subsidiaries of the Issuer. Each Class B LLC Unit is exchangeable, together with one share of Special Voting Stock, for an amount of cash equal to the fair market value of a share of Common Stock of the Issuer or, at the election of the Issuer, one share of Common Stock. The right to exchange Class B LLC Units, together with Special Voting Stock, does not have an expiration date.
Key Figures
Shares purchased: 13,606 shares
Weighted average purchase price: $3.3770 per share
Purchase price range: $3.35–$3.39 per share
+3 more
6 metrics
Shares purchased
13,606 shares
Starburst 2016 II LLC; September 23, 2026
Weighted average purchase price
$3.3770 per share
September 23, 2026 purchase
Purchase price range
$3.35–$3.39 per share
September 23, 2026 purchase
Shares purchased
9,317 shares
Starburst 2016 II LLC; September 24, 2026
Weighted average purchase price
$3.3795 per share
September 24, 2026 purchase
Purchase price range
$3.365–$3.38 per share
September 24, 2026 purchase
Key Terms
weighted average price, profit sharing plan, Special Voting Stock, Class B LLC Units, +1 more
5 terms
weighted average price financial
"The price is the weighted average price for the acquisitions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
profit sharing plan financial
"Held through a profit sharing plan at National Financial Services LLC."
Special Voting Stock financial
"Special Voting Stock is a class of stock of the Issuer"
Special voting stock is a class of shares that gives its holders more or different voting rights than ordinary shares, allowing them to control key corporate decisions such as board elections or mergers. For investors, it matters because these shares concentrate control in certain hands, so even if others own more economic interest, they may have less influence over company strategy and governance — like having fewer keys to a car even if you paid for most of it.
Class B LLC Units financial
"Each Class B LLC Unit is exchangeable"
fair market value financial
"for an amount of cash equal to the fair market value"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were the CLPR purchases made under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
