Andrew Spodek - Sep 18, 2023 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Role: CEO and Director, Director, 10%+ Owner
Signature: /s/ Jie Chai, attorney-in-fact.
Stock symbol: PSTL
Transactions as of: Sep 18, 2023
Transactions value $: $139,996
Form type: 4
Date filed: 9/20/2023, 05:19 PM
Previous filing: Sep 12, 2023
Next filing: Sep 25, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PSTL	Class A common stock	Purchase	$140K	+10K	+5.33%	$14.00	198K	Sep 18, 2023	By Spodek 2016 Family Trust	F1, F2
holding	PSTL	Class A common stock						646K	Sep 18, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	This purchase was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 11, 2023.
F2	Represents the weighted average price of shares purchased in multiple same-day transactions at prices ranging from $13.99 to $14 per share.