Insider Jack Heilbron boosts SQFTW holdings with warrant, share buys

Rhea-AI Filing Summary

Presidio Property Trust (symbol SQFTW) filed a Form 4 disclosing modest insider purchases by CEO and Director Jack K. Heilbron. On 20 June 2025 he acquired 2,889 Series A common-stock warrants at an average price of $0.0303 each (exercise price $70), increasing his direct warrant position to 1,127,168. Three days later, on 23 June 2025, an entity he controls ("Puppy Toes") bought 20 shares of Series A common stock at $4.20, lifting his indirect common-stock holdings to 15,640 shares. All transactions were coded “P” (open-market purchase) and were reported promptly. No sales, option exercises, or 10b5-1 plan indications were reported.

The purchases are small relative to existing ownership and do not materially alter the company’s capital structure, but they signal continued insider confidence.

Positive

• Insider buying: CEO increased direct warrant holdings and indirect share ownership, which can be perceived as a confidence signal.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO bought 2,889 warrants & 20 shares; signal positive but immaterial.

The filing shows Jack Heilbron increasing his stake through open-market purchases. While warrant volume appears meaningful on an absolute basis, the cost outlay (~$88) and equity acquired (<0.3% of his existing warrant position) are de-minimis. Because no shares were sold and ownership rose, the directional signal is positive, but from a valuation or liquidity standpoint the event is too small to influence earnings outlook or market perception. Overall impact: neutral-to-slightly-positive sentiment.

Insider Trade Summary

Net Buyer: 20 shares

Net Buy 2 txns

Insider Heilbron Jack Kendrick

Role Chief Executive Officer

Bought 2,909 shs ($171.54)

Type	Security	Shares	Price	Value
Purchase	Common Stock - Series A	20	$4.20	$84.00
Purchase	Common Stock - Warrants	2,889	$0.0303	$87.54

Holdings After Transaction: Common Stock - Warrants — 1,127,168 shares (Direct); Common Stock - Series A — 15,640 shares (Indirect, Purchased by Puppy Toes)

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 06/23/2025 - 04:52 PM Learn about SEC filing dates

FAQ

What did Presidio Property Trust's CEO buy on 20-Jun-2025?

2,889 Series A common-stock warrants at an average price of $0.0303 each.

How many SQFTW warrants does Jack Heilbron now own?

After the transaction, he holds 1,127,168 warrants directly.

What common stock purchase was reported on 23-Jun-2025?

Puppy Toes, an entity controlled by the CEO, bought 20 Series A shares at $4.20 each.

Was any part of this Form 4 filed under a 10b5-1 trading plan?

The filing does not indicate that the purchases were made under a Rule 10b5-1 plan.

Did the CEO sell any Presidio Property Trust securities in this filing?

No. All reported transactions were open-market purchases; no sales were disclosed.

SEC Form 4

FORM 4

UNITED 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 CA 92123

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Presidio Property Trust, Inc. [ PPTINC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock - Series A	06/23/2025		P		20	A	$4.2	15,640	I	Purchased by Puppy Toes

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock - Warrants	$70	06/20/2025		P		2,889		01/24/2022	01/24/2027	SQFT Common Stock - Series A	2,889	$0.0303	1,127,168	D

Explanation of Responses:

	/s/Jack Heilbron	06/23/2025
	** Signature of Reporting Person	Date
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.