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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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 Trade Summary
| 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 |
Footnotes (2)
- 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.
- 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.
Key Figures
Key Terms
Series D Preferred Stock financial
issuer exchange offer financial
unvested stock financial
FAQ
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How were Jack Kendrick Heilbron's SQFT holdings reported after the exchange?
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