Robert B. Klein - 01 Jul 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Signature
/s/ Joseph Antignani, attorney-in-fact
Issuer symbol
PSTL
Transactions as of
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
03 Jul 2025, 13:47:56 UTC
Previous filing
05 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Klein Robert B Principal Financial Officer C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVENUE, CEDARHURST /s/ Joseph Antignani, attorney-in-fact 03 Jul 2025 0001839443

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Disposed to Issuer $0 -18,460 -31% $0.000000 40,747 01 Jul 2025 Direct F1, F2, F3

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 Disposed to Issuer $0 -45,698 -41% $0.000000 67,019 01 Jul 2025 Class A common stock 45,698 Direct F1, F2, F4, F5, F6
transaction PSTL LTIP Units Disposed to Issuer $0 -43,038 -64% $0.000000 23,981 01 Jul 2025 Class A common stock 43,038 Direct F1, F2, F4, F5, F7
transaction PSTL LTIP Units Disposed to Issuer $0 -3,785 -16% $0.000000 20,196 01 Jul 2025 Class A common stock 3,785 Direct F1, F2, F4, F5, F8
transaction PSTL LTIP Units Disposed to Issuer $0 -7,244 -36% $0.000000 12,952 01 Jul 2025 Class A common stock 7,244 Direct F1, F2, F4, F5, F9
transaction PSTL LTIP Units Disposed to Issuer $0 -12,952 -100% $0.000000 0 01 Jul 2025 Class A common stock 12,952 Direct F1, F2, F4, F5, F10
transaction PSTL Restricted Stock Units Disposed to Issuer $0 -11,359 -28% $0.000000 29,264 01 Jul 2025 Class A common stock 11,359 Direct F1, F2, F11
transaction PSTL Restricted Stock Units Disposed to Issuer $0 -13,284 -45% $0.000000 15,980 01 Jul 2025 Class A common stock 13,284 Direct F1, F2, F12
transaction PSTL Restricted Stock Units Disposed to Issuer $0 -15,980 -100% $0.000000 0 01 Jul 2025 Class A common stock 15,980 Direct F1, F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents awards automatically forfeited and cancelled due to the Reporting Person's resignation as Chief Financial Officer of the Company effective June 18, 2025 and pursuant to the terms of the Transition and Separation Agreement, dated June 18, 2025, between the Issuer and the Reporting Person (the "Transition Agreement").
F2 Not applicable.
F3 Represents the sum of (i) 12,747 shares that the Reporting Person beneficially owns as of the date hereof and (ii) 28,000 restricted stock awards which are currently unvested as of the date hereof, but which, pursuant to the terms of the Transition Agreement, can be accelerated by the Company if Mr. Klein fully complies with the terms of the Transition Agreement.
F4 The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
F5 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.
F6 Reflects LTIP Unit grants in lieu of cash compensation which were scheduled to vest on the eighth anniversary of February 1, 2023, subject to certain conditions.
F7 Reflects LTIP Unit grants in lieu of cash compensation which were scheduled to vest on the eighth anniversary of February 1, 2024, subject to certain conditions.
F8 The LTIP Units were scheduled to vest on February 1, 2026, subject to continued employment with the Issuer.
F9 The LTIP Units were scheduled to vest ratably on each of February 1, 2026, and February 1, 2027, subject to continued employment with the Issuer.
F10 The LTIP Units were scheduled to vest ratably on each of February 1, 2026, February 1, 2027 and February 1, 2028, subject to continued employment with the Issuer.
F11 The RSUs are market-based awards and are subject to and were scheduled to vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2025.
F12 The RSUs are market-based awards and are subject to and were scheduled to vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2026.
F13 The RSUs are market-based awards and are subject to and were scheduled to vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2027.