Company: SQFTP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001437749-25-016828
Chunk: 167

Company: Presidio Property Trust, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 167
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three months ended March 31, 2025, we did not repurchase any  shares of our Series A Common Stock.  During the three months ended March 31, 2025, the Company repurchased 12,844 shares of our Series D Preferred Stock at an average price of approximately $15.18 per share, including a commission of $0.035 per share, for a total cost of $194,971 for the Series D Preferred Stock. Any repurchased shares are treated as authorized and unissued in accordance with Maryland law and shown as a reduction of stockholders’ equity at cost.

       42

Stock repurchases for Series A Common Stock.

      Month 
      
      Total Number of Shares Purchased 

      Average Price Paid Per Share 

      Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 

      Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs 

      January 2025 

     —

     $
     —

     —

     $
     5,956,977

      February 2025 

     —

     —

     —

     5,956,977

      March 2025 

     —

     —

     —

     5,956,977

      Total 

     —

     $
     —

     —

     $
     5,956,977

Stock repurchases for Series D Preferred Stock.

      Month 
      
      Total Number of Shares Purchased 

      Average Price Paid Per Share 

      Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 

      Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs 

      January 2025 

     2,854

     $
     14.36

     2,854

     $
     3,918,112

      February 2025 

     5,233

     15.52

     5,233

     3,836,896

      March 2025 

     4,757

     15.30

     4,757

     3,764,119

      Total 

     12,844

     $
     15.18

     12,844

     $
     3,764,119

Item 3. Defaults Upon Senior Securities.

On March 13, 2025, we received notice of a maturity date default of a