---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034828"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:43:13.282997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Postal Realty amends CEO/CFO employment deals; new base salaries, severance terms effective Jan 2023

## Summary
- CEO Andrew Spodek base salary set at $380k; bonus target 150% of base; LTIP target 160% of base.
- President Jeremy Garber base $315k, bonus target 117.5%, LTIP target 135%; CFO Robert Klein base $275k, bonus target 112.5%, LTIP target 125%.
- Initial term 3 years from Jan 1, 2023; automatic two one-year renewals unless 90-day notice.
- Severance: Spodek receives 3x (base + avg bonus) on without-cause termination; Garber and Klein receive 1x.
- Change-in-control provisions include accelerated vesting of equity and additional payments within 365 days post-CIC.

## SEC filing metadata
- accession: 0001628280-23-034828
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000162828023034828/0001628280-23-034828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000162828023034828/pstl-20231017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034828
- JSON: https://secwatch.observer/filing/0001628280-23-034828.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034828.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.