Clipper Realty director buys 117K shares
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) reported that director and ten percent owner Sam Levinson, through Starburst 2016 II LLC, purchased a total of 117,552 shares of Common Stock in open-market transactions on September 8–9, 2026 at weighted average prices around $3.24–$3.31 per share. No Rule 10b5-1 trading plan is reported. Levinson also reports direct holdings of 82,203 Common shares and additional indirect Common and Special Voting Stock positions held through Trapeze Inc., Trapeze D Holdings LLC, ECL Holdings LLC and certain profit sharing plans.
Insider Trade Summary
Net Buyer: 117,552 shares
Net Buy
2 txns
Insider
Levinson Sam
Role
Director, 10% Owner
Bought
117,552 shs ($388K)
Increase in Position
45.0%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F2 | 110,710 | $3.3054 | $366K |
| Purchase | Common Stock F1 | 6,842 | $3.2432 | $22K |
| 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 — 379,014 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, 261,462 to 379,014 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 $3.22 and $3.25 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 $3.29 and $3.32 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 September 9, 2026: 110,710 shares
Weighted average price September 9, 2026: $3.3054 per share
Shares purchased September 8, 2026: 6,842 shares
+5 more
8 metrics
Shares purchased September 9, 2026
110,710 shares
Common Stock bought indirectly by Starburst 2016 II LLC
Weighted average price September 9, 2026
$3.3054 per share
Common Stock purchases; individual trades between $3.29 and $3.32
Shares purchased September 8, 2026
6,842 shares
Common Stock bought indirectly by Starburst 2016 II LLC
Weighted average price September 8, 2026
$3.2432 per share
Common Stock purchases; individual trades between $3.22 and $3.25
Net shares purchased
117,552 shares
Total net buy across reported Common Stock transactions
Direct Common Stock holdings
82,203 shares
Common Stock held directly by Sam Levinson as of September 8, 2026
Indirect Common Stock via Trapeze Inc.
1,253,016 shares
Common Stock held indirectly through Trapeze Inc.
Special Voting Stock via Trapeze Inc.
4,464,692 shares
Special Voting Stock held indirectly through Trapeze Inc.
Key Terms
Special Voting Stock, Class B LLC Units, weighted average price, profit sharing plan, +1 more
5 terms
Special Voting Stock financial
"Special Voting Stock is a class of stock of the Issuer that does not share in any distribution"
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
"Class B LLC Units are units of certain limited liability companies that are indirect subsidiaries"
weighted average price financial
"The price is the weighted average price for the acquisitions reported on this Form 4"
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"
ten percent owner regulatory
"Levinson Sam is listed as a director and ten percent owner of the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CLPR insider Sam Levinson report in this Form 4 filing?
He reported that an entity he controls, Starburst 2016 II LLC, purchased 117,552 shares of Clipper Realty Inc. Common Stock in open-market transactions on September 8–9, 2026, at weighted average prices between about $3.22 and $3.32 per share.
Are Levinson’s CLPR purchases under a Rule 10b5-1 trading plan?
The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, and the footnotes do not describe any trading plan, so these open-market purchases are not reported as being made under a Rule 10b5-1 plan.
What direct CLPR holdings does Levinson report after these transactions?
Levinson reports 82,203 shares of Clipper Realty Inc. Common Stock held directly as of September 8, 2026. He also reports additional indirect holdings through several entities and profit sharing plans.
What indirect CLPR Common Stock holdings are reported for entities linked to Levinson?
Reported indirect Common Stock holdings include 1,253,016 shares held by Trapeze Inc., 136,782 shares held by Trapeze D Holdings LLC, and 128,185 shares held by ECL Holdings LLC, each as of September 8, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
