Whitestone REIT (WSR) director reports 12,660-share equity incentive grant

Rhea-AI Filing Summary

Whitestone REIT director Julia B. Buthman reported receiving an equity grant of 12,660 common shares on 12/24/2025. The shares were acquired at a price of $13.70 per share and were awarded under the company’s 2018 Long-Term Equity Incentive Ownership Plan. Following this grant, she beneficially owns 31,577 common shares, held directly.

Insider Trade Summary

Net Buyer: 12,660 shares

Net Buy 1 txn

Insider Buthman Julia Bruns

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	12,660	$13.70	$173K

Holdings After Transaction: Common Shares — 31,577 shares (Direct)

Footnotes (1)

1. F1. Represents grant of Common Shares pursuant to Registrant's 2018 Long-Term Equity Incentive Ownership Plan.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 12/29/2025 - 04:38 PM Learn about SEC filing dates

FAQ

What insider transaction did Whitestone REIT (WSR) report in this Form 4?

The filing shows director Julia B. Buthman acquired 12,660 Whitestone REIT common shares on 12/24/2025 through an equity grant.

At what price were the Whitestone REIT (WSR) shares acquired in the reported transaction?

The 12,660 common shares were acquired at a price of $13.70 per share.

How many Whitestone REIT (WSR) shares does the reporting person own after this transaction?

After the reported grant, Julia B. Buthman beneficially owns 31,577 common shares of Whitestone REIT, held directly.

What is the role of the reporting person at Whitestone REIT (WSR)?

The reporting person, Julia B. Buthman, is listed as a director of Whitestone REIT.

What is the source of the 12,660-share grant reported by Whitestone REIT (WSR)?

The 12,660 common shares represent a grant made under Whitestone REIT’s 2018 Long-Term Equity Incentive Ownership Plan.

Is the Whitestone REIT (WSR) Form 4 filed by multiple reporting persons?

No. The Form 4 indicates it is filed by one reporting person, not by more than one reporting person.

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^*

Buthman Julia Bruns

(Last) (First) (Middle)

2600 SOUTH GESSNER

SUITE 500

(Street)

HOUSTON TX 77063

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Whitestone REIT [ WSR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/24/2025

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 Shares	12/24/2025		A		12,660(1)	A	$13.7	31,577	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents grant of Common Shares pursuant to Registrant's 2018 Long-Term Equity Incentive Ownership Plan.

	/s/ John Scott Hogan Attorney-in Fact for Julia B. Buthman	12/29/2025
	** 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.