GOOD CFO reports insider purchases, lifts direct stake to 23,200

Rhea-AI Filing Summary

Gladstone Commercial Corp (GOOD) disclosed that its Chief Financial Officer bought company stock. On 11/11/2025, the CFO acquired 7,600 shares of common stock at $11.05 per share in a direct purchase, bringing direct holdings to 23,200 shares. Additional purchases included 100 shares at $11.05 held indirectly by a daughter (beneficially owned following the transaction: 100) and 200 shares at $11.05 held indirectly by a spouse (beneficially owned following the transaction: 752).

The filing states the officer disclaims beneficial ownership of the shares held by the daughter and spouse.

Insider Trade Summary

Net Buyer: 7,900 shares ($87,295)

Net Buy 3 txns

Insider Gerson Gary

Role Chief Financial Officer

Bought 7,900 shs ($87K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	7,600	$11.05	$84K
Purchase	Common Stock	100	$11.05	$1K
Purchase	Common Stock	200	$11.05	$2K

Holdings After Transaction: Common Stock — 23,200 shares (Direct); Common Stock — 100 shares (Indirect, by Daughter)

Footnotes (1)

1. Mr. Gerson disclaims beneficial ownership of these 100 shares held by his daughter and this report shall not be deemed an admission that Mr. Gerson is the beneficial owner of the securities for purposes of Section 16 or any other purpose. Mr. Gerson disclaims beneficial ownership of these 752 shares held by his spouse and this report shall not be deemed an admission that Mr. Gerson is the beneficial owner of the securities for purposes of Section 16 or any other purpose.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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
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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^*

Gerson Gary

(Last) (First) (Middle)

1521 WESTBRANCH DRIVE

(Street)

MCLEAN VA 22102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLADSTONE COMMERCIAL CORP [ GOOD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/11/2025		P		7,600	A	$11.05	23,200	D
Common Stock	11/11/2025		P		100	A	$11.05	100	I	by Daughter(1)
Common Stock	11/11/2025		P		200	A	$11.05	752	I	by Spouse(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. Gerson disclaims beneficial ownership of these 100 shares held by his daughter and this report shall not be deemed an admission that Mr. Gerson is the beneficial owner of the securities for purposes of Section 16 or any other purpose.

2. Mr. Gerson disclaims beneficial ownership of these 752 shares held by his spouse and this report shall not be deemed an admission that Mr. Gerson is the beneficial owner of the securities for purposes of Section 16 or any other purpose.

	/s/ Michael LiCalsi, Attorney-in-fact	11/12/2025
	** Signature of Reporting Person	Date
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).
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