STOCK TITAN

Presidio Property Trust (SQFT) CEO trims stake with 5,884-share sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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.

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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)
  1. [object Object]
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
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"
controlling shareholder financial
"of which Mr. Heilbron is the controlling shareholder"
A controlling shareholder is a person or entity that holds enough voting power in a company—often a majority of votes or decisive influence through agreements—to determine its board, strategy and major decisions. For investors this matters because that control shapes corporate direction, risk and who benefits from deals; like a driver steering a car, a controlling shareholder can speed up or block changes, which can affect minority shareholders’ returns and the company’s value.
indirect holdings financial
"shares held by Puppy Toes, Inc. and its subsidiaries"
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)
04/10/2026
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
SQFT04/10/202604/10/2026S5,884D$3.92114,079(1)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. Includes (i) 22,480 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 60,869 shares held directly by Mr. Heilbron.
/s/Jack Heilbron04/13/2026
** 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)

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.

At what price did the Presidio Property Trust (SQFT) CEO sell shares?

The CEO sold his SQFT shares at $3.92 per share in an open-market sale. This price applies to the 5,884 shares reported in the Form 4, providing investors a clear view of the transaction’s execution level in the market.

How many Presidio Property Trust (SQFT) shares does the CEO hold after the sale?

After the reported sale, CEO Jack Kendrick Heilbron holds 114,079 SQFT shares. This figure includes direct holdings, shares via Puppy Toes, Inc. and its subsidiaries, shares held by his spouse and grandchildren, and 29,670 shares of unvested stock awards.

How large was the Presidio Property Trust (SQFT) CEO’s share sale compared with his total holdings?

The CEO sold 5,884 SQFT shares while retaining 114,079 shares afterward. This indicates he disposed of only a portion of his overall stake, and continues to maintain significant exposure to Presidio Property Trust’s equity following the transaction.

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.