STOCK TITAN

Generation Income Properties (NASDAQ: GIPR) CEO converts 162K shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Generation Income Properties, Inc. reported that Chairman, President and CEO David Sobelman acquired 162,163 shares of common stock on 2026-07-24 through a conversion of a derivative security. Following this transaction, his directly held common stock position increased to 185,562.77 shares.

Positive

  • None.

Negative

  • None.
Insider Sobelman David
Role Chairman, President, CEO
Type Security Shares Price Value
Conversion Common Stock 162,163 $0.00 $0.00
Holdings After Transaction: Common Stock — 185,562.77 shares (Direct)
Shares acquired 162,163 shares Common stock received from conversion of derivative security on 2026-07-24
Holdings after transaction 185,562.77 shares Direct common stock position held by David Sobelman following the conversion
Transaction price per share $0.0000 Reported per-share value for the converted common stock
Transaction date 2026-07-24 Date of derivative security conversion into common stock
Conversion of derivative security financial
"transaction_code_description: "Conversion of derivative security""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing’s document-level Rule 10b5-1 checkbox"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did GIPR report for CEO David Sobelman?

CEO David Sobelman converted a derivative security into 162,163 shares of common stock on 2026-07-24. This Form 4 filing shows the transaction increased his directly held stake in Generation Income Properties, Inc. common shares.

How many GIPR shares does CEO David Sobelman hold after this transaction?

After the reported conversion, CEO David Sobelman directly owns 185,562.77 shares of Generation Income Properties, Inc. common stock. This total reflects the addition of 162,163 shares acquired via the derivative security conversion.

What type of transaction was reported in the GIPR Form 4 filing?

The Form 4 for GIPR reports a “Conversion of derivative security” into common stock, coded as transaction type C. This means an existing derivative position was converted into 162,163 common shares for the reporting insider.

Was the GIPR insider transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported transaction was not affirmed as made under a Rule 10b5-1 trading plan. No footnotes modify this plan status in the disclosure for GIPR.

Is the GIPR CEO’s ownership in the Form 4 direct or indirect?

The Form 4 identifies CEO David Sobelman’s post-transaction holdings of 185,562.77 shares as direct ownership. The ownership code is listed as “D”, and there are no footnotes reattributing these shares to another entity.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sobelman David

(Last)(First)(Middle)
401 EAST JACKSON STREET
SUITE 3300

(Street)
TAMPA FLORIDA 33602

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENERATION INCOME PROPERTIES, INC. [ GIPR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President, CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/24/2026C162,163A$0185,562.77D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ David Sobelman07/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)