Form 4 for CDR-PB CEDAR REALTY TRUST, INC.
Accepted 2025-01-31 00:00:00 ET · period of report 2025-01-29 · accession 0000761648-25-000012 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-01-31 | 2025-01-29 | CDR-PB | Franklin Michael Andrew | CEO, Dir | S - Sale | $15.75 | -850 | 1,050 | -45% | -$13.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | 6.50% Series C Cumulative Redeemable Preferred Stock | 2025-01-29 | S | D | 850 | $15.75 | 1,050 | D | — | — | (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. |