Postal Realty Trust, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: PSTL · Form: DEF 14A · Filed: Mar 29, 2024 · CIK: 1759774
| Field | Detail |
|---|---|
| Company | Postal Realty Trust, Inc. (PSTL) |
| Form Type | DEF 14A |
| Filed Date | Mar 29, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01, $40,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Stockholders, Director Election, Postal Realty Trust
TL;DR
<b>Postal Realty Trust, Inc. is holding its 2024 Annual Meeting of Stockholders on May 17, 2024, to elect directors and conduct other business.</b>
AI Summary
Postal Realty Trust, Inc. (PSTL) filed a Proxy Statement (DEF 14A) with the SEC on March 29, 2024. The 2024 Annual Meeting of Stockholders for Postal Realty Trust, Inc. will be held on May 17, 2024, at 10:00 a.m. ET. The meeting will take place at the company's principal executive offices located at 75 Columbia Avenue, Cedarhurst, NY 11516. Stockholders will vote on the election of five directors nominated by the Board of Directors. The proxy materials are available for review, and voting can be done via Internet, telephone, or mail. The filing is a Definitive Proxy Statement (DEF 14A) filed on March 29, 2024.
Why It Matters
For investors and stakeholders tracking Postal Realty Trust, Inc., this filing contains several important signals. This filing provides crucial information for shareholders regarding the upcoming annual meeting, including details on director nominations and voting procedures. Shareholders need to review these proxy materials to make informed decisions about electing the company's directors and exercising their voting rights.
Risk Assessment
Risk Level: low — Postal Realty Trust, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Review the proxy materials to understand director nominees and voting proposals before the May 17, 2024, Annual Meeting.
Key Numbers
- May 17, 2024 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
- 10:00 a.m. (Eastern Time) — Annual Meeting Time (Time of the 2024 Annual Meeting of Stockholders.)
- 5 — Directors to be Elected (Number of directors nominated for election at the annual meeting.)
- 2025 — Director Term End (Year until which each elected director will serve.)
Key Players & Entities
- Postal Realty Trust, Inc. (company) — Registrant name and company holding the annual meeting.
- Andrew Spodek (person) — Chief Executive Officer and Director who signed the letter to stockholders.
- May 17, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
- 75 Columbia Avenue, Cedarhurst, NY 11516 (location) — Principal executive offices and location of the annual meeting.
- 2024 (date) — Year of the Annual Meeting of Stockholders.
FAQ
When did Postal Realty Trust, Inc. file this DEF 14A?
Postal Realty Trust, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 29, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Postal Realty Trust, Inc. (PSTL).
Where can I read the original DEF 14A filing from Postal Realty Trust, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Postal Realty Trust, Inc..
What are the key takeaways from Postal Realty Trust, Inc.'s DEF 14A?
Postal Realty Trust, Inc. filed this DEF 14A on March 29, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for Postal Realty Trust, Inc. will be held on May 17, 2024, at 10:00 a.m. ET.. The meeting will take place at the company's principal executive offices located at 75 Columbia Avenue, Cedarhurst, NY 11516.. Stockholders will vote on the election of five directors nominated by the Board of Directors..
Is Postal Realty Trust, Inc. a risky investment based on this filing?
Based on this DEF 14A, Postal Realty Trust, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading Postal Realty Trust, Inc.'s DEF 14A?
Review the proxy materials to understand director nominees and voting proposals before the May 17, 2024, Annual Meeting. The overall sentiment from this filing is neutral.
How does Postal Realty Trust, Inc. compare to its industry peers?
Postal Realty Trust, Inc. operates as a real estate investment trust, focusing on properties related to the United States Postal Service.
Are there regulatory concerns for Postal Realty Trust, Inc.?
The filing is made under Schedule 14A (Rule 14a-101) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
Postal Realty Trust, Inc. operates as a real estate investment trust, focusing on properties related to the United States Postal Service.
Regulatory Implications
The filing is made under Schedule 14A (Rule 14a-101) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on director nominees.
- Understand the voting procedures for the Annual Meeting.
- Vote your shares by the deadline to ensure your participation.
Key Dates
- 2024-05-17: 2024 Annual Meeting of Stockholders — Key date for shareholders to vote on director elections and other business.
- 2024-03-29: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.
Year-Over-Year Comparison
This is a DEF 14A filing for the 2024 Annual Meeting, providing details on upcoming shareholder votes and director elections.
Filing Stats: 4,655 words · 19 min read · ~16 pages · Grade level 13.5 · Accepted 2024-03-29 16:04:24
Key Financial Figures
- $0.01 — hares of our Class A common stock, $0.01 par value per share (our “Class&
- $40,000 — expect to pay Broadridge approximately $40,000 in the aggregate for services rendered,
Filing Documents
- ny20019942x1_def14a.htm (DEF 14A) — 858KB
- logo_postalrealty.jpg (GRAPHIC) — 23KB
- ny20019942x1_awardstatus.jpg (GRAPHIC) — 175KB
- sig_andrewspodek.jpg (GRAPHIC) — 10KB
- ny20019942x1_pc01x1.jpg (GRAPHIC) — 627KB
- ny20019942x1_pc02x1.jpg (GRAPHIC) — 470KB
- ny20019942x1_piechart01x1.jpg (GRAPHIC) — 67KB
- sig_jeremygarbereps.jpg (GRAPHIC) — 13KB
- 0001140361-24-016589.txt ( ) — 2766KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT ​ ​ 21 EXECUTIVE OFFICERS AND KEY EMPLOYEE ​ ​ 23 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS ​ ​ 24 EXECUTIVE OFFICER AND DIRECTOR COMPENSATION ​ ​ 26 Compensation of Named Executive Officers ​ ​ 26 Outstanding Equity Awards at Fiscal Year-End ​ ​ 37 Employment Agreements of Our Named Executive Officers ​ ​ 38 Employee Stock Purchase Plan ​ ​ 40 Director Compensation ​ ​ 41 Equity Compensation Plan Information ​ ​ 42 STOCKHOLDER PROPOSALS AND NOMINATIONS ​ ​ 43 ANNUAL REPORT ON FORM 10-K ​ ​ 44 TABLE OF CONTENTS   2024 ANNUAL MEETING OF STOCKHOLDERS Postal Realty Trust, Inc. is furnishing this Proxy Statement in connection with our solicitation of proxies to be voted at our 2024 Annual Meeting of Stockholders (the “Annual Meeting”). We will hold the Annual Meeting at the Company’s principal executive offices at 75 Columbia Avenue, Cedarhurst, NY 11516, on Friday, May 17, 2024 at 10:00 a.m. (Eastern Time) and any postponements, continuations or adjournments thereof. We are providing this Proxy Statement and the enclosed proxy card to our stockholders commencing on or about March 29, 2024. Unless the context suggests otherwise, references in this Proxy Statement to the “Company,” “we,” “us” and “our” are to Postal Realty Trust, Inc., a Maryland corporation, together with our consolidated subsidiaries, including Postal Realty LP, a Delaware limited partnership of which we are the sole general partner and through which we conduct substantially all of our business (our “Operating Partnership”). TABLE OF CONTENTS QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING What is the purpose of the