Robert B. Klein - 31 Jan 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PSTL	LTIP Units	Award		+12,952	+12%		123,915	31 Jan 2025	Class A common stock	12,952		Direct	F1, F2, F3
transaction	PSTL	Restricted Stock Units	Disposed to Issuer	$0	-9,123	-27%	$0.000000	24,643	31 Jan 2025	Class A common stock	9,123		Direct	F4

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

Id	Content
F1	The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
F2	Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
F3	The LTIP Units will vest ratably on the first, second and third anniversaries of February 1, 2025, subject to continued employment with the Issuer.
F4	Represents the forfeiture of all performance-based RSU's granted to the reporting person on January 31, 2022 due to certain performance-based hurdles related to the Issuer's absolute total stockholder return not being achieved.