Every 8-K that Postal Realty Trust (PSTL) has filed with the SEC in the last 24 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 8-K covers material events a company has to report between its quarterly reports, so if you follow PSTL 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 PSTL filings page.
Postal Realty Trust, Inc. established an at-the-market and forward equity offering program for up to $300,000,000 of Class A common stock, to be sold from time to time through designated sales agents and forward counterparties.
The structure allows direct stock sales and separate Forward Sale Agreements, including contingent and non-contingent forms, with settlement that may be physical, cash or net share. The company will generally pay up to 2.0% commissions on sales and forward hedging activity. Net proceeds and any contingency premiums are intended for general corporate purposes, including acquiring properties, paying dividends, capital expenditures, working capital and repayment of credit-facility debt. Existing agreements for a prior at-the-market program were terminated when the new arrangements were executed.
Postal Realty Trust, Inc. reported strong results for the quarter ended June 30, 2026, with net income attributable to common stockholders of $5.1 million, or $0.15 per diluted share. Rental income rose 23.3% year-over-year to $28.0 million. FFO was $13.1 million, or $0.37 per diluted share, and AFFO was $12.7 million, or $0.36 per diluted share.
The owned portfolio was 99.8% occupied across 2,014 properties totaling about 7.5 million square feet, with a weighted average rental rate of $12.40 per square foot. During the quarter, the company acquired 37 USPS-leased properties for $45.1 million at a weighted average capitalization rate of 7.3%.
As of June 30, 2026, the company had approximately $381 million of net debt at a weighted average interest rate of 4.4%, with 84% of debt effectively fixed and $205.0 million available on its revolving credit facility. It raised $47.4 million of gross proceeds via ATM share issuances and had forward sale agreements covering 1.8 million shares. For 2026, guidance increased to AFFO of $1.41–$1.43 per diluted share, Same Store Cash NOI growth of 6.0%–7.0%, and acquisitions of $150–$160 million. A quarterly dividend of $0.245 per share (annualized $0.98) was declared, payable August 28, 2026.
Postal Realty Trust, Inc. entered into a Second Amended and Restated Credit Agreement that recasts and expands its unsecured credit facilities to $615 million, combining a $275 million revolving credit facility and $340 million of term loans. The new structure adds $60 million of total capacity, introduces a $335 million accordion feature, and extends weighted average maturities, with the revolver maturing in November 2030 and term loans maturing in 2028, 2029 and 2031.
Pricing improves by about 30 basis points, with loans bearing interest at SOFR plus 1.10%–1.55% or a base rate plus smaller margins, subject to leverage-based grids and a potential 0.02% margin reduction for meeting sustainability targets. As of June 30, 2026, the company reported 30.1 million Class A common shares outstanding and 38.3 million fully diluted shares.
Postal Realty Trust, Inc. updated how it pays its non-employee directors, effective immediately after the 2026 annual stockholders meeting. Each non-employee director will receive a $37,500 annual cash retainer and a $75,000 annual equity retainer for Board service, covering all Board meeting fees.
Committee roles earn extra cash retainers: $25,000 for the Audit Committee chair, $15,000 for the Compensation Committee chair, and $7,500 for each non-chair committee member. The Board chair’s existing compensation is unchanged. Retainers are paid in a lump sum after each annual meeting, with pro rata amounts for newly appointed directors.
Directors may elect to receive some or all of their cash compensation in equity under the company’s equity incentive plan and Alignment of Interest Program, subject to applicable procedures. Other material terms of the director compensation policy remain as previously disclosed in the April 1, 2026 proxy statement.
Postal Realty Trust, Inc. held its 2026 Annual Meeting of Stockholders, where all proposals were approved. Stockholders approved Amendment No. 1 to the 2019 Employee Stock Purchase Plan, increasing the Class A common stock authorized under the plan by 100,000 shares to 200,000 shares.
Five directors were elected to serve until the 2027 Annual Meeting, including Patrick R. Donahoe and Andrew Spodek, each receiving over 18.2 million votes for. Stockholders also ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026.
In advisory votes, stockholders approved the compensation of named executive officers and the ESPP Amendment, both with more than 18.0 million votes in favor, with broker non-votes of 5,237,135 reported on these items.
Postal Realty Trust, Inc. reported solid first quarter 2026 growth, with net income attributable to common stockholders of $3.8 million, or $0.11 per diluted share. Total revenues reached $26.6 million, driven by rental income of $26.1 million, up 21.6% from the first quarter of 2025.
The company acquired 61 USPS-leased properties for $34.6 million and its owned portfolio was 99.8% occupied across 1,978 properties and 7.3 million net leasable square feet as of March 31, 2026. FFO was $11.2 million ($0.32 per diluted share) and AFFO was $11.6 million ($0.33 per diluted share).
Management raised 2026 guidance to AFFO of $1.40–$1.42 per diluted share, acquisition volume of $130–$140 million, and Same Store Cash NOI growth of 6.0%–7.0%, and introduced a 2027 same store cash revenue growth outlook of approximately 6.5%. The company also raised $59.7 million of gross equity via its ATM program and ended March 31, 2026 with about $385 million of net debt at a 4.4% weighted average interest rate.
Postal Realty Trust, Inc. acquired a related-party portfolio of 12 properties leased to the United States Postal Service for approximately $11.53 million in cash, excluding closing costs. These properties were owned by family members of CEO and director Andrew Spodek under an existing Right of First Offer arrangement.
A special committee of four independent, disinterested directors reviewed the terms, aligned them with the company’s strategic objectives, and approved the deal, while Mr. Spodek recused himself. The portfolio totals about 58,564 net leasable interior square feet with a weighted average rental rate of $15.58 per leasable square foot based on rents in place as of March 16, 2026.
Postal Realty Trust reported strong growth for 2025, driven by acquisitions and higher rents on its USPS‑leased portfolio. Rental income rose 27.6% year over year to $93.3 million. Net income attributable to common shareholders was $14.1 million, or $0.47 per diluted share, up from $6.6 million.
Funds from Operations reached $42.4 million, or $1.33 per diluted share, and Adjusted FFO was $42.1 million, or $1.32 per diluted share. The company acquired 216 properties for $123.1 million, expanding its portfolio by about 20% and keeping occupancy at 99.8%.
Management issued initial 2026 guidance for AFFO of $1.39 to $1.41 per diluted share and acquisition volume of $115 million to $125 million. Postal Realty expanded unsecured credit facilities to $555 million and raised equity through its at-the-market program, supporting further growth and balance sheet flexibility.
Postal Realty Trust, Inc. reported that it issued a press release on January 8, 2026 providing an update on its recent business activity for the quarter ended December 31, 2025. The update covers the company’s acquisitions, re-leasing efforts and capital markets activity during the quarter.
The press release also discusses the company’s real estate portfolio and balance sheet at year-end, including information about fully diluted shares outstanding. In addition, it describes acquisitions completed for the full year of 2025, giving investors a clearer picture of how Postal Realty Trust expanded its portfolio over the year.
Postal Realty Trust, Inc. reported that it closed a previously announced related-party acquisition of a portfolio of 25 properties from certain family members of its CEO, Andrew Spodek. The deal was completed on December 9, 2025 under a Right of First Offer Agreement originally put in place at the time of the company’s initial public offering.
The Property Portfolio was acquired for approximately $13.87 million in cash, excluding closing costs. It consists of about 59,000 net leasable interior square feet with a weighted average rental rate of $17.58 per leasable square foot based on rents in place as of December 9, 2025. The transaction was reviewed and approved by a Special Committee of the board made up of four independent directors.
Postal Realty Trust, Inc. raised its full-year 2025 acquisition volume guidance from “meets or exceeds $110” to “meets or exceeds $120 million,” while reaffirming all other guidance. The company also entered a definitive agreement to purchase a portfolio of 25 properties currently leased to the United States Postal Service for approximately $13.87 million in cash, excluding closing costs.
The portfolio totals about 59,000 net leasable interior square feet at a weighted average rental rate of $17.58 per square foot based on rents in place as of December 9, 2025. The transaction arises under a right of first offer agreement with a related party of the CEO and was approved by a special committee of four independent directors, with closing expected in the fourth quarter of 2025.
Postal Realty Trust, Inc. furnished an 8‑K announcing it issued a press release with financial results for the quarter ended September 30, 2025. The release is attached as Exhibit 99.1 and provided under Item 2.02 – Results of Operations and Financial Condition.
The company states this information is furnished and not deemed “filed” under Section 18 of the Exchange Act, except as specifically incorporated by reference.
Postal Realty Trust, Inc. announced that its Board appointed Stephen Bakke as Executive Vice President and Chief Financial Officer, effective on or about November 5, 2025. He will replace President, Treasurer and Secretary Jeremy Garber, who has been serving as interim CFO and will remain in his other roles with no compensation changes.
Under his offer letter, Mr. Bakke will receive a $275,000 annual base salary and a $100,000 cash bonus for 2025, payable by February 27, 2026. On his hire date, he will also receive a $500,000 Bonus Deferral Amount under the company’s Alignment of Interest Program, vesting December 31, 2026, with related LTIP units or restricted stock vesting on the 8-year anniversary of his hire. Beginning in 2026, he is expected to be eligible for an annual incentive bonus targeted at 110% of base salary and long-term equity awards targeted at 120% of base salary, plus participation in standard employee benefit and stock purchase plans.
Postal Realty Trust, Inc. disclosed an amended and restated credit agreement executed on September 19, 2025 among Postal Realty LP, Postal Realty Trust, Inc., certain subsidiaries as guarantors, Truist Bank as administrative agent, and several banks and financial institutions as lenders. The filing lists the amended credit agreement as Exhibit 10.1 and includes an Inline XBRL cover page data file. The document is signed by Jeremy Garber, identified as Chief Financial Officer, President, Treasurer and Secretary.