secwatch.observer — SEC 8-K summary
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Issuer:     Postal Realty Trust, Inc. (PSTL)
CIK:        0001759774
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001628280-25-024303
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Postal Realty amends management pacts for 362 CEO-affiliated properties, sets 4% fee
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- Amended management agreements for 362 properties owned by CEO Andrew Spodek's family and affiliates; approved by independent Special Committee.
- Initial management fee of 4.0% per annum of each property's gross revenue, payable quarterly, with 2.5% annual escalation each April 1.
- Initial term through March 31, 2030, with auto-renewal for one-year terms; either party may terminate on 60 days' notice after Oct 1, 2025.
- Additional $5,000 fee per property for financing services, capped at $50,000 per transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759774/000162828025024303/0001628280-25-024303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759774/000162828025024303/pstl-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-024303

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