Welcome to our dedicated page for Postal Realty Trust SEC filings (Ticker: PSTL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Postal Realty Trust, Inc. (NYSE: PSTL) filings with the U.S. Securities and Exchange Commission, along with AI-powered tools to help interpret the disclosures. Postal Realty Trust is an internally managed real estate investment trust that owns and manages postal properties leased primarily to the United States Postal Service, and its SEC filings describe how this USPS-focused portfolio is financed, leased and managed.
Through this filings page, users can review the company’s periodic and current reports, including Form 8-K filings that announce quarterly results, credit facility amendments, acquisition transactions and executive appointments. These documents often summarize rental income, portfolio occupancy, acquisition volume, non-GAAP metrics such as funds from operations (FFO) and adjusted funds from operations (AFFO), and details of the company’s unsecured revolving credit facility and term loan facilities.
AI-driven summaries on Stock Titan highlight key elements in lengthy filings so users can quickly see what changed in a given report, such as updates to acquisition guidance, changes in credit agreements or leadership transitions. When Postal Realty Trust files annual reports on Form 10-K or quarterly reports on Form 10-Q, the platform can surface segment information, discussions of USPS lease arrangements, and explanations of non-GAAP measures like FFO and AFFO in more accessible language.
Investors can also use this page to track capital markets disclosures, including at-the-market equity offering updates and amendments to sales agreements, as well as governance-related filings describing employment agreements and transition arrangements for senior executives. Real-time updates from the SEC’s EDGAR system ensure that new PSTL filings, such as additional 8-Ks or registration statement supplements, appear promptly, while AI summaries help reduce the time needed to understand the implications of each document.
Postal Realty Trust EVP & Chief Accounting Officer Matt Brandwein reported an equity grant. On February 3, 2026, he received 3,176 shares of Class A common stock at a price of $0. This increased his directly held position to 124,745 shares.
The 3,176 shares are restricted stock that will vest in three equal installments on February 1, 2027, February 1, 2028, and February 1, 2029, as long as he continues serving as an employee through each vesting date.
Postal Realty Trust president Jeremy Garber reported several equity compensation events and related tax withholdings. On January 29, 2026, 17,300 performance-based RSUs from a 2023 award vested, following achievement of performance goals, and converted into Class A common stock on a one-for-one basis.
Shares were withheld to cover taxes tied to this vesting. On February 1, 2026, Garber received 12,003 restricted shares that vest over three years, with additional shares withheld for taxes on earlier restricted stock awards. He was also granted 91,288 LTIP units in lieu of cash compensation and 14,671 market-based RSUs that may vest based on performance through December 31, 2028.
Postal Realty Trust CEO Andrew Spodek reported equity compensation activity and share holdings. On January 29, 2026, 24,736 performance-based RSUs granted in 2023 vested and converted one-for-one into Class A common stock, with 9,485 shares withheld at $17.67 to cover taxes. Following these transactions, he holds 29,346 Class A shares directly, plus 277,518 shares through the Spodek 2016 Family Trust and 637,058 shares through PSTL Nextgen LLC.
On February 1, 2026, Spodek received 169,431 LTIP Units granted in lieu of cash compensation at a reference price of $17.7136, additional 15,446 LTIP Units that vest over three years, and 18,878 performance-based 2026 RSUs that can pay out between 0% and 200% based on market and performance hurdles through December 31, 2028.
Postal Realty Trust EVP & Chief Accounting Officer Matt Brandwein reported multiple equity compensation events. On January 29, 2026, 5,900 performance-based restricted stock units vested after goals for the 2023–2025 measurement period were certified, and shares were issued on a one-for-one basis into Class A common stock with some shares withheld for taxes.
On February 1, 2026, he received additional Class A common stock granted in lieu of cash compensation, based on a volume-weighted average price of $17.7136, plus longer-vesting restricted shares. He was also granted LTIP units and new performance-based 2026 RSUs and LTIP awards that vest over time or upon meeting performance hurdles through December 31, 2028.
Postal Realty Trust EVP & CFO Stephen Michael Bakke reported new equity awards. On February 1, 2026, he received 10,246 Restricted Stock Units and 8,383 LTIP Units at a price of $0 per unit, reflecting stock-based compensation rather than a market purchase.
The 2026 RSUs are market-based and may ultimately pay out between 0% and 200% of the 10,246 units, depending on performance hurdles during a three-year period ending on December 31, 2028 and continued employment. Upon vesting, earned RSUs will settle in Class A common stock with associated distributions. The LTIP Units, which will vest in three equal annual installments starting February 1, 2027, are convertible into OP Units and then redeemable for cash or, at the company’s election, Class A common stock on a one-for-one basis.
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. reported an insider equity transaction by a director involving long-term incentive and partnership units. On 12/01/2025, the reporting person converted 12,000 LTIP Units in Postal Realty LP into an equal number of OP Units, and those OP Units were then redeemed for 12,000 shares of the company’s Class A common stock on a one-for-one basis, as provided in the partnership agreement.
After this transaction, the reporting person beneficially owned 55,666 shares of Class A common stock directly and 73,263 LTIP Units, which are convertible into OP Units and ultimately redeemable for Class A shares or cash on a one-for-one basis. The OP Units themselves have no expiration date, and LTIP Units do not have expiration dates.
Postal Realty Trust (PSTL) filed a Form 4 for its EVP & CFO reporting equity awards dated 11/05/2025. The filing lists two grants totaling 67,138 LTIP Units. One grant of 33,569 LTIP Units was issued in lieu of cash compensation, with the price based on the 10‑day VWAP of Class A common stock at $14.8945, and vests on December 31, 2026, subject to conditions. A separate grant of 33,569 LTIP Units has a stated price of $0 and vests on October 27, 2033, subject to conditions. LTIP Units are convertible into OP Units, which are redeemable for cash or, at the issuer’s election, Class A common stock on a one‑for‑one basis; LTIP Units have no expiration date.