STOCK TITAN

Generation Income Properties (GIPR) awards 31,250 RSUs to director Cheng

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cheng Gena reported acquisition or exercise transactions in this Form 4 filing.

GENERATION INCOME PROPERTIES, INC. director Gena Cheng received an equity compensation grant of 31,250 shares of Common Stock as restricted stock units. These units were granted at no cash cost and are scheduled to vest on March 31, 2026, under the company’s 2020 Omnibus Incentive Plan. Following this award, Cheng directly holds 59,451 shares of the company’s Common Stock.

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Insider Cheng Gena
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 31,250 $0.00 --
Holdings After Transaction: Common Stock — 59,451 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 31,250 shares Restricted stock units granted to director Cheng
Post-transaction holdings 59,451 shares Common Stock directly held after grant
Grant price per share $0.0000 per share Equity compensation, no cash paid
Vesting date March 31, 2026 Scheduled vesting of restricted stock units
restricted stock units financial
"Represents grant of restricted stock units under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan that will vest on March 31, 2026"
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.
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*
Cheng Gena

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2025
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 Stock03/31/2025A31,250(1)A$059,451D
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:
1. Represents grant of restricted stock units under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan that will vest on March 31, 2026.
/s/ David Sobelman, Attorney-in-Fact for Gena Cheng04/13/2026
** 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)

FAQ

What insider transaction did GENERATION INCOME PROPERTIES (GIPR) report for Gena Cheng?

GENERATION INCOME PROPERTIES reported that director Gena Cheng received 31,250 shares of Common Stock as a restricted stock unit grant. The award was made at no cash cost and represents equity compensation under the company’s 2020 Omnibus Incentive Plan.

How many GIPR shares did Gena Cheng hold after the reported Form 4 transaction?

After the equity grant, director Gena Cheng directly held 59,451 shares of GENERATION INCOME PROPERTIES Common Stock. This figure includes the newly granted 31,250 restricted stock units that were reported in the Form 4 insider transaction filing.

What type of award did GIPR grant to director Gena Cheng in this Form 4?

The company granted Gena Cheng restricted stock units representing 31,250 shares of Common Stock. These units are a form of equity compensation that convert into shares upon vesting, aligning the director’s interests with long-term shareholder value.

When will Gena Cheng’s 31,250 GIPR restricted stock units vest?

The 31,250 restricted stock units granted to director Gena Cheng are scheduled to vest on March 31, 2026. Vesting means the units convert into Common Stock shares, subject to the terms and conditions of the company’s 2020 Omnibus Incentive Plan.

Was there a purchase price for Gena Cheng’s GIPR restricted stock unit grant?

No cash purchase price was paid for the 31,250-share restricted stock unit grant to Gena Cheng. The Form 4 shows a transaction price per share of 0.0000, reflecting that this award is compensation rather than an open-market stock purchase.

Under which plan were GIPR restricted stock units granted to Gena Cheng?

The restricted stock units granted to Gena Cheng were issued under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan. This plan governs equity-based compensation awards such as restricted stock units for directors, executives, and other eligible participants.