Andrew Franklin - Apr 10, 2025 Form 4 Insider Report for CEDAR REALTY TRUST, INC. (CDR)

Signature
/s/ M. Andrew Franklin
Stock symbol
CDR
Transactions as of
Apr 10, 2025
Transactions value $
-$13,348
Form type
4
Date filed
4/14/2025, 07:31 AM
Previous filing
Mar 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDR 7.25% Series B Cumulative Redeemable Preferred Stock Sale -$13.3K -752 -26.02% $17.75 2.14K Apr 10, 2025 Direct F1
holding CDR 6.50% Series C Cumulative Redeemable Preferred Stock 855 Apr 10, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 21, 2025, Cedar Realty Trust, Inc. (the "Issuer") announced concurrent but separate offers to purchase up to an aggregate amount of $9,500,000 of (i) up to 584,615 shares of its 6.50% Series C Cumulative Redeemable Preferred Stock for $16.25 per share, in cash, and (ii) up to 535,211 shares of its 7.25% Series B Cumulative Redeemable Preferred Stock (the "Series B Shares") for $17.75 per share (the "Series B Share Price"), in cash, which expired on March 21, 2025 (each, a "Tender Offer"). On March 24, 2025, the Issuer announced that the Series B Tender Offer would remain open until April 4, 2025 and the aggregate amount of shares that may be purchased under the Tender Offers was increased to $19,500,000 following the expiration of the Series C Tender Offer. On April 10, 2025, in accordance with the terms of the Tender Offers, the Issuer purchased 592,372 Series B Shares at the Series B Share Price, including 752 Series B Shares tendered by the Reporting Person.