[144] Postal Realty Trust, Inc SEC Filing
Postal Realty Trust, Inc. (PSTL) filed a Form 144 notice reporting a proposed sale of 4,112 shares of common stock through Merrill Lynch (New York) with an approximate aggregate market value of $65,792. The filing lists 24,580,206 shares outstanding and an approximate sale date of 09/09/2025. The shares to be sold were acquired as stock bonuses in four tranches: 563 shares on 06/30/2022, 1,720 on 06/30/2023, 1,717 on 06/27/2024 and 112 on 06/30/2025. The filing also discloses a prior sale in the past three months: 8,654 shares sold by Matthew Brandwein on 06/12/2025 for $129,810. The notice includes the standard certification that the seller is not aware of undisclosed material adverse information.
- Timely and detailed disclosure of proposed sale under Rule 144 with broker and acquisition history provided
- Seller certification included stating no undisclosed material adverse information
- Acquisition provenance clearly listed as stock bonuses across multiple dates, aiding transparency
- None.
Insights
TL;DR: Routine insider sale notice showing modest share volumes relative to total outstanding shares; compliance with disclosure rules.
The Form 144 documents a proposed brokered sale of 4,112 common shares valued at $65,792, set for 09/09/2025, and specifies acquisition as periodic stock bonuses. The filing also records a recent sale of 8,654 shares on 06/12/2025 for $129,810. Both transactions are disclosed under Rule 144 mechanics and appear routine rather than indicative of material corporate developments. Quantitatively, the amounts represent a small fraction of the reported 24,580,206 shares outstanding, which limits market-impact implications. The filing’s detailed acquisition dates and payment nature improve traceability for investors and compliance reviewers.
TL;DR: Proper Rule 144 disclosure and seller certification are present; filings reflect standard insider liquidity actions.
The submission contains the required representations including the seller's attestation about material adverse information and lists broker details and acquisition history. Acquisition entries show the securities originated from stock bonus awards over multiple years, which supports a non-trading-compensation rationale for the holdings. From a governance perspective, timely and specific Form 144 reporting demonstrates adherence to insider trading disclosure obligations. There is no indication in this filing of unusual trading plans, clawbacks, or undisclosed related-party considerations.