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Presidio Property Trust CEO exchanges preferred shares

Post-exchange indirect holdings included 1,000 shares held by Heilbron's spouse and 60 held by or for his grandchildren.

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Form Type
4

Rhea-AI Filing Summary

Presidio Property Trust, Inc. (SQFT) reported an issuer exchange involving its CEO and director, Jack Kendrick Heilbron: on October 2, 2026, 18,163 Series D Preferred Stock shares were exchanged for 99,897 common shares. Of the preferred shares, 11,563 held by Puppy Toes, Inc. and its subsidiaries were exchanged for 63,597 common shares; Heilbron also exchanged 6,600 directly held preferred shares for 36,300 common shares. Afterward, reported common holdings were 126,839 directly and 87,137 indirectly.

Insights

Analyzing...

Insider Heilbron Jack Kendrick
Role Chief Executive Officer
Type Security Shares Price Value
Disposition SQFTP F1 11,563 $6.25 $72K
Disposition SQFTP F1 6,600 $6.25 $41K
Grant/Award SQFT F1, F2 63,597 $1.18 $75K
Grant/Award SQFT F1, F2 36,300 $1.18 $43K
Holdings After Transaction: SQFTP — 0 shares (Indirect, shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which M); SQFTP — 0 shares (Direct); SQFT — 87,137 shares (Indirect, shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which); SQFT — 126,839 shares (Direct)
Footnotes (2)
  1. F1. The reporting person disposed of 18,163 shares of Series D Preferred Stock in exchange for 99,897 shares of common stock in an issuer exchange offer. This included 11,563 shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which Mr. Heilbron is the controlling shareholder that were exchanged for 63,597 shares of common stock.
  2. F2. Includes (i) 86,077 shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which Mr. Heilbron is the controlling shareholder, (ii) 1,000 shares held by Mr. Heilbron's spouse, (iii) 60 shares held by or for the benefit of Mr. Heilbron's grandchildren, (iv) 29,670 shares of unvested stock, (v) and 97,169 shares held directly by Mr. Heilbron.
Series D Preferred Stock exchanged 18,163 shares Issuer exchange on October 2, 2026
Common shares received 99,897 shares Issuer exchange on October 2, 2026
Preferred shares held by Puppy Toes, Inc. and subsidiaries exchanged 11,563 shares Issuer exchange on October 2, 2026
Common shares received for Puppy Toes, Inc. and subsidiaries' preferred shares 63,597 shares Issuer exchange on October 2, 2026
Directly held preferred shares exchanged 6,600 shares Issuer exchange on October 2, 2026
Common shares received for directly held preferred shares 36,300 shares Issuer exchange on October 2, 2026
Common shares reported as directly held after exchange 126,839 shares After the October 2, 2026 exchange
Common shares reported as indirectly held after exchange 87,137 shares After the October 2, 2026 exchange
Series D Preferred Stock financial
"18,163 shares of Series D Preferred Stock"
Series D preferred stock is a specific class of preferred shares typically issued in a later-stage financing round that gives holders special rights such as priority for payout before common shareholders, fixed or cumulative dividends, and often the option to convert into common shares. Investors care because these shares affect who gets paid first in a sale or liquidation, influence ownership and voting power, and change how future fundraising or an exit will impact an investor’s return—like a VIP ticket that can sometimes be exchanged for a regular ticket if that proves more valuable.
issuer exchange offer financial
"in an issuer exchange offer"
unvested stock financial
"29,670 shares of unvested stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SQFT shares did Jack Kendrick Heilbron exchange?

The exchange involved 18,163 Series D Preferred Stock shares for 99,897 common shares on October 2, 2026. Of those, 11,563 preferred shares held by Puppy Toes, Inc. and its subsidiaries were exchanged for 63,597 common shares.

How were Jack Kendrick Heilbron's SQFT holdings reported after the exchange?

The 87,137 shares reported indirectly included 86,077 held by Puppy Toes, Inc. and its subsidiaries, 1,000 held by his spouse, and 60 held by or for his grandchildren. The 126,839 shares reported directly included 97,169 shares held directly by Heilbron and 29,670 unvested shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Heilbron Jack Kendrick

(Last)(First)(Middle)
4995 MURPHY CANYON ROAD
SUITE 300

(Street)
SAN DIEGO CALIFORNIA 92123

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Presidio Property Trust, Inc. [ PPTINC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/02/2026
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
SQFTP10/02/2026D/K11,563D$6.25(1)0Ishares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which M
SQFTP10/02/2026D/K6,600D$6.25(1)0D
SQFT10/02/2026A/K63,597A$1.18(1)87,137(2)Ishares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which
SQFT10/02/2026A/K36,300A$1.18(1)126,839(2)D
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. The reporting person disposed of 18,163 shares of Series D Preferred Stock in exchange for 99,897 shares of common stock in an issuer exchange offer. This included 11,563 shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which Mr. Heilbron is the controlling shareholder that were exchanged for 63,597 shares of common stock.
2. Includes (i) 86,077 shares held by Puppy Toes, Inc. and its subsidiaries (including Centurion Counsel, Inc.), of which Mr. Heilbron is the controlling shareholder, (ii) 1,000 shares held by Mr. Heilbron's spouse, (iii) 60 shares held by or for the benefit of Mr. Heilbron's grandchildren, (iv) 29,670 shares of unvested stock, (v) and 97,169 shares held directly by Mr. Heilbron.
/s/ Jack Heilbron10/06/2026
** 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)

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