Andrew Franklin - Jan 29, 2025 Form 4 Insider Report for CEDAR REALTY TRUST, INC. (CDR)

Signature
/s/ M. Andrew Franklin
Stock symbol
CDR
Transactions as of
Jan 29, 2025
Transactions value $
-$13,388
Form type
4
Date filed
1/31/2025, 01:09 PM
Previous filing
Jan 3, 2025
Next filing
Mar 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDR 6.50% Series C Cumulative Redeemable Preferred Stock Sale -$13.4K -850 -44.74% $15.75 1.05K Jan 29, 2025 Direct F1
holding CDR 7.25% Series B Cumulative Redeemable Preferred Stock 2.89K Jan 29, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 27, 2024, Cedar Realty Trust, Inc. (the "Issuer") announced a modified "Dutch auction" tender offer to repurchase up to an aggregate amount paid of $12.5 million of shares of its outstanding 6.50% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") at a price per share not less than $13.75 and not greater than $15.75, which expired at 5:00 P.M., New York City Time on January 28, 2025 (the "Tender Offer"). On January 29, 2025, in accordance with the terms and conditions of the Tender Offer, the Issuer purchased 645,276 shares of its Series C Preferred Stock at a purchase price of $15.75 per share, including 850 shares of Series C Preferred Stock tendered by the Reporting Person.