Jack Heilbron, CEO and Director of Presidio Property Trust, Inc. (SQFTW), reported two purchases of Series A common stock on Form 4. He acquired 555 shares on 09/03/2025 at $4.77 and 1,000 shares on 09/04/2025 at $4.72, bringing his direct beneficial ownership to 101,441 Series A shares following the transactions.
Jack Heilbron, CEO and Director of Presidio Property Trust, Inc. (ticker shown as PPTINC / symbol SQFTW), purchased securities on 08/22/2025. He reported acquisition of 1,200 Series A common stock shares at $4.89 each, bringing his direct holdings to 99,886 shares. He also purchased 2,062 warrants on 08/22/2025 exercisable through 01/24/2027, tied to 2,062 Series A shares. The Form 4 is signed 08/26/2025.
Insider transactions at Presidio Property Trust, Inc. (SQFTW): Jack Heilbron, listed as Director and Chief Executive Officer, reported acquisitions of company securities in August 2025. The filing shows a purchase of 100 Common Stock - Series A shares on 08/21/2025 at $4.91 per share, bringing his direct beneficial ownership to 98,686 Series A shares. The filing also reports purchases of 10,000 and 11,589 warrants (exercise price $70) on 08/20/2025 and 08/21/2025, respectively, and underlying Series A shares at $0.03 per share, increasing his total Series A holdings to 1,231,972 shares after the reported transactions.
Armistice Capital, LLC and Steven Boyd report beneficial ownership of 400,000 shares of Presidio Property Trust, Inc. Series A common stock, representing 3.22% of the class based on 12,410,805 shares outstanding as of May 12, 2025. The filing states the shares are directly held by Armistice Capital Master Fund Ltd. (the "Master Fund") with Armistice Capital exercising voting and investment power under an Investment Management Agreement. Both Armistice Capital and Mr. Boyd report shared voting and dispositive power over the 400,000 shares and certify the position was acquired and is held in the ordinary course of business. The Schedule 13G/A is signed by Steven Boyd on behalf of both reporting persons on August 14, 2025.
Presidio Property Trust, Inc. furnished an update on its recent performance by issuing a press release with financial results for the quarter ended June 30, 2025. The company posted this press release on its website and attached it as Exhibit 99.1. It also made a separate financial supplement with additional data for the same period available on its website and attached that material as Exhibit 99.2. These materials are being furnished under the securities laws rather than treated as filed, which limits their use for certain legal liability purposes.
Presidio Property Trust, Inc. reported consolidated assets of $128.4 million and equity of $29.38 million as of June 30, 2025, down from $142.6 million and $34.95 million at year-end 2024, respectively. Cash and equivalents were approximately $7.29 million. Mortgage notes payable, net totaled $94.6 million and mortgage notes related to properties held for sale were $10.6 million.
For the six months ended June 30, 2025, the Company recorded total revenue of $8.50 million and a consolidated net loss of $2.67 million, with a net loss attributable to common stockholders of $4.16 million (basic & diluted EPS of $(3.42)). The period included $4.34 million of impairment charges on goodwill and real estate and a $4.78 million gain on sales of real estate. During the period Presidio acquired 22 model homes for ~$9.4 million, sold two commercial properties for ~$17.0 million (recognizing a ~$4.2 million gain) and sold 13 model homes for ~$5.9 million (recognizing a ~$0.6 million gain). Management states available working capital plus refinancing and sales options are expected to fund operations for at least the next twelve months.
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.