Every Form 4 that Clipper Realty Inc. (CLPR) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CLPR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLPR filings page.
Clipper Realty Inc.'s Co-Chairman and CEO, David Bistricer, reported indirect trust transfers on September 30, 2026. The Moric Bistricer 2014 Trust distributed 693,125 Special Voting Stock shares for no consideration to The Moric Bistricer 2014 Trust FBO David Bistricer Trust. A separate distribution of 4,278,058 Special Voting Stock shares from the Moric Bistricer 2016 Family Trust included 1,069,515 transferred to an FBO trust for Bistricer and 3,208,543 distributed to other beneficiaries; the latter ended his beneficial ownership of those shares. Two family-trust distributions also transferred 348,933 and 318,262 Common Stock shares to beneficiaries, after which Bistricer ceased to be a beneficial owner of those shares. His reported holdings included 4,278,058 Special Voting Stock shares directly and 248,933 Common Stock shares held by his spouse as trustee.
Clipper Realty Inc. (CLPR) reported that director and 10% owner Sam Levinson received an assignment for no consideration of 188,354 Common Stock shares on September 30, 2026, leaving him with 270,557 shares held directly. On that date, 693,125 and 1,069,515 Special Voting Stock shares were assigned for no consideration to the Moric Bistricer 2014 Trust FBO Michelle Levinson and the Moric Bistricer 2016 Family Trust FBO Michelle Levinson, respectively. Levinson is trustee of the trusts and disclaims beneficial ownership of their reported securities except to the extent of his pecuniary interest. No Rule 10b5-1 plan is reported.
Clipper Realty Inc. Chief Operating Officer Jacob Bistricer purchased 73,500 common shares on September 28, 2026, at a weighted average price of $3.35 per share; the reported purchase prices ranged from $3.265 to $3.42 per share. His reported direct holdings after the purchase were 73,500 shares. He also reported a 63,000-share gift disposition from shares held indirectly as custodian for his children and a grandchild; his reported indirect holdings afterward were 63,000 shares. No Rule 10b5-1 plan is reported.
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.
Clipper Realty Inc. (symbol: CLPR) is the issuer of record for a Form 4 filing submitted to the SEC. Levinson Sam reported reported purchase transactions in this Form 4 filing.
Clipper Realty Inc. (CLPR) reported that director and ten percent owner Sam Levinson, through Starburst 2016 II LLC, in open-market transactions on September 14–15, 2026 at prices around $3.28–$3.30 per share, increasing his indirect position.
The Form 4 also lists 82,203 Common shares held directly, and additional indirect Common Stock holdings of 1,253,016 shares by Trapeze Inc., 136,782 by Trapeze D Holdings LLC, and 128,185 by ECL Holdings LLC, plus sizeable positions in Special Voting Stock through these entities.
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.
Clipper Realty Inc. (CLPR) director and ten percent owner Sam Levinson, through Starburst 2016 II LLC, purchased a total of 8,063 shares of Common Stock in open-market transactions on August 31, September 1, and September 2, 2026 at weighted average prices around $3.19–$3.25 per share. Levinson also reports direct ownership of 82,203 Common shares and additional indirect holdings of Common and Special Voting Stock through Trapeze Inc., Trapeze D Holdings LLC, and ECL Holdings LLC. No Rule 10b5-1 trading plan is reported.
Clipper Realty Inc. (CLPR) director and ten percent owner Sam Levinson reported open-market purchases of a total of 98,635 shares of Common Stock, primarily through Starburst 2016 II LLC, between August 18 and 20, 2026, at prices around $3.14–$3.19 per share based on weighted-average ranges disclosed. Levinson is also shown holding 82,203 Common shares directly and additional indirect Common holdings through Trapeze Inc., Trapeze D Holdings LLC and ECL Holdings LLC, plus substantial positions in Special Voting Stock held via these entities.
Clipper Realty Inc. director and 10% owner Sam Levinson reported open-market purchases of Common Stock through Starburst 2016 II LLC. Across 2026-08-12 to 2026-08-14, entities associated with him bought 154,764 shares at weighted average prices between $3.09 and $3.29 per share, with detailed price breakdowns available on request. The report also lists direct ownership of 82,203 Common shares and additional indirect Common and Special Voting Stock holdings through Trapeze Inc., Trapeze D Holdings LLC and ECL Holdings LLC.
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.
Clipper Realty Inc. reported that Co-Chairman and CEO David Bistricer acquired long term incentive plan units through two equity awards. On February 24, 2026, he was granted 91,964 LTIP Units and an additional 164,003 LTIP Units at no cash cost.
The LTIP Units are issued by Clipper Realty L.P., the operating partnership. Upon vesting, each LTIP Unit can be converted into one operating partnership unit, which may then be redeemed for cash equal to the price of one common share or, at the company’s election, one share of common stock. One award vests in full on January 1, 2027 and the other on January 1, 2029, and the related conversion and redemption rights do not have expiration dates.
Clipper Realty Inc. (CLPR) reported insider share purchases by a reporting person who is both a director and 10% owner. On December 29–31, 2025, the insider completed several "P"-coded transactions in the company’s common stock, buying blocks such as 22,599 shares, 10,895 shares, 19,558 shares and 2,793 shares at weighted average prices around $3.70–$3.79 per share, with detailed price ranges noted in footnotes.
Following these transactions, the insider held common stock both directly and through various indirect vehicles, including profit-sharing plans and entities such as Trapeze Inc., Trapeze D Holdings LLC and ECL Holdings LLC. The filing also lists substantial holdings of a separate class of Special Voting Stock, which provides one vote per share but no right to distributions, and is tied to Class B LLC Units that can be exchanged together with this voting stock for cash equal to the fair market value of, or one share of, common stock.