Presidio Property Trust (SQFT) CEO trims stake with 5,884-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Presidio Property Trust, Inc. Chief Executive Officer Jack Kendrick Heilbron reported an open-market sale of 5,884 shares of SQFT on April 10, 2026 at $3.92 per share. After this transaction, he holds a total of 114,079 shares, including shares held through Puppy Toes, Inc. and its subsidiaries, his spouse, his grandchildren, unvested stock awards, and shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,884 shares ($23,065)
Net Sell
1 txn
Insider
Heilbron Jack Kendrick
Role
Chief Executive Officer
Sold
5,884 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | SQFT | 5,884 | $3.92 | $23K |
Holdings After Transaction:
SQFT — 114,079 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,884 shares
Sale price: $3.92 per share
Shares held after transaction: 114,079 shares
+5 more
8 metrics
Shares sold
5,884 shares
Open-market sale on April 10, 2026
Sale price
$3.92 per share
Price for the 5,884 SQFT shares sold
Shares held after transaction
114,079 shares
Total SQFT holdings following the sale
Puppy Toes, Inc. and subsidiaries holdings
22,480 shares
Indirect SQFT holdings attributed to CEO
Spouse holdings
1,000 shares
SQFT shares held by CEO’s spouse
Grandchildren holdings
60 shares
SQFT shares held by or for grandchildren
Unvested stock
29,670 shares
Unvested SQFT stock attributed to CEO
Direct holdings
60,869 shares
SQFT shares held directly by CEO
Key Terms
open-market sale, unvested stock, controlling shareholder, indirect holdings
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
unvested stock financial
"iv) 29,670 shares of unvested stock"
indirect holdings financial
"shares held by Puppy Toes, Inc. and its subsidiaries"
FAQ
What insider transaction did Presidio Property Trust (SQFT) report for its CEO?
Presidio Property Trust reported that CEO Jack Kendrick Heilbron sold 5,884 SQFT shares in an open-market transaction. The sale occurred at a price of $3.92 per share, reflecting a routine disposal while he continues to hold a substantial overall equity position in the company.
What indirect and unvested Presidio Property Trust (SQFT) holdings are attributed to the CEO?
His reported 114,079 SQFT shares include 22,480 shares held by Puppy Toes, Inc. and subsidiaries, 1,000 shares held by his spouse, 60 shares for his grandchildren, 29,670 shares of unvested stock, and 60,869 shares held directly by him.