Postal Realty Trust Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Andrew Spodek

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage	15.0%
CEO tenure	5.3yrs
CEO ownership	4.0%
Management average tenure	3.5yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Spodek's remuneration changed compared to Postal Realty Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$388k	US$2m
Sep 30 2023	n/a	n/a	US$3m
Jun 30 2023	n/a	n/a	US$2m
Mar 31 2023	n/a	n/a	US$3m
Dec 31 2022	US$3m	US$392k	US$3m
Sep 30 2022	n/a	n/a	US$2m
Jun 30 2022	n/a	n/a	US$2m
Mar 31 2022	n/a	n/a	US$2m
Dec 31 2021	US$2m	US$393k	US$1m
Sep 30 2021	n/a	n/a	US$1m
Jun 30 2021	n/a	n/a	US$740k
Mar 31 2021	n/a	n/a	US$6k
Dec 31 2020	US$2m	US$232k	-US$698k
Sep 30 2020	n/a	n/a	-US$2m
Jun 30 2020	n/a	n/a	-US$2m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$3m	US$220k	-US$2m

Compensation vs Market: Andrew's total compensation ($USD2.59M) is above average for companies of similar size in the German market ($USD1.02M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.

CEO

Andrew Spodek (46 yo)

5.3yrs

Tenure

US$2,586,144

Compensation

Mr. Andrew Spodek serves as the Chief Executive Officer and a Director at Postal Realty Trust, Inc. Mr. Spodek is the Founder and CEO of Nationwide Postal Management, Inc. Mr. Spodek has many years of expe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Spodek	CEO & Director	no data	US$2.59m	3.97% $ 14.4m
Jeremy Garber	President	no data	US$1.70m	1.03% $ 3.7m
Robert Klein	Chief Financial Officer	3.3yrs	US$1.31m	0.24% $ 852.7k
Matthew Brandwein	Senior VP & Chief Accounting Officer	no data	no data	0.52% $ 1.9m
Carrie Herz	Senior VP & Corporate Counsel	no data	no data	no data
Raphael Harel	Senior Vice President of Acquisitions	no data	no data	no data
Isaac Richter	Executive VP & Head of Asset Management	no data	no data	no data
David Loss	Executive VP & Head of Real Estate	3.7yrs	no data	no data
Jie Chai	Senior VP and Corporate Counsel Securities & Capital Markets	3.3yrs	no data	no data
Marc Lefkovich	VP & Property Controller	no data	no data	no data
Andrea Gritser	VP & Corporate Controller	4.3yrs	no data	no data
Jordan Cooperstein	Vice President of FP&A and Capital Markets	no data	no data	no data

3.5yrs

Average Tenure

43yo

Average Age

Experienced Management: 2WP's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Spodek	CEO & Director	5.3yrs	US$2.59m	3.97% $ 14.4m
Barry Lefkowitz	Independent Director	4.9yrs	US$132.25k	0.12% $ 434.1k
Patrick Donahoe	Independent Chairman of the Board	4.9yrs	US$262.47k	0.20% $ 741.5k
Anton Feingold	Independent Director	4.9yrs	US$115.97k	0.079% $ 286.9k
Jane Gural-Senders	Independent Director	4.9yrs	US$99.70k	0.076% $ 273.5k

4.9yrs

Average Tenure

60yo

Average Age

Experienced Board: 2WP's board of directors are considered experienced (4.9 years average tenure).

Postal Realty Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Postal Realty Trust, Inc., Annual General Meeting, May 17, 2024

Chief Financial Officer recently sold €81k worth of stock

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Recent updates

Postal Realty Trust, Inc. to Report Q1, 2024 Results on May 07, 2024

Postal Realty Trust, Inc., Annual General Meeting, May 17, 2024

New minor risk - Shareholder dilution

Chief Financial Officer recently sold €81k worth of stock

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$0.18 (vs US$0.15 in FY 2022)

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2023 Results on Feb 26, 2024

Postal Realty Trust, Inc. Declares Fourth Quarter 2023 Dividend, Payable on February 29, 2024

Insufficient new directors

Postal Realty Trust, Inc. to Report Q3, 2023 Results on Oct 30, 2023

New minor risk - Shareholder dilution

Insufficient new directors

Postal Realty Trust, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Postal Realty Trust, Inc. Declares Dividend for Second Quarter 2023, Payable on August 31, 2023

Insufficient new directors

Insufficient new directors

Postal Realty Trust, Inc. Declares Quarterly Dividend, Payable on May 31, 2023

Insufficient new directors

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Postal Realty Trust Declares Fourth Quarter 2022 Dividend, Payable on February 28, 2023

Insufficient new directors

Postal Realty Trust, Inc. Declares Dividend for Third Quarter of 2022, Payable on November 28, 2022

Postal Realty Trust, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 216 Properties Comprising Approximately 599,000 Net Leasable Interior Square Feet for $87 million.

Postal Realty Trust Declares Dividend for Second Quarter of 2022, Payable on August 26, 2022

Insufficient new directors

Postal Realty Trust, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Insufficient new directors

Postal Realty Trust, Inc. to Report Q1, 2022 Results on May 11, 2022

Upcoming dividend of US$0.23 per share

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2021 Results on Mar 10, 2022

Upcoming dividend of US$0.23 per share

Insufficient new directors

Postal Realty Trust, Inc. Declares Fourth Quarter 2021 Dividend, Payable on February 28, 2022

Insufficient new directors

Insufficient new directors

Second quarter 2021 earnings released: EPS US$0.05 (vs US$0.046 loss in 2Q 2020)

Upcoming dividend of US$0.22 per share

First quarter 2021 earnings released: EPS US$0.011 (vs US$0.13 loss in 1Q 2020)

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 54 USPS Properties for $25.8 million.

Postal Realty Trust Declares Dividend for the First Quarter 2021, Payable on May 28, 2021

Full year 2020 earnings released: US$0.10 loss per share (vs US$0.30 loss in FY 2019)

Postal Realty Trust, Inc. to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: €14.10

Upcoming Dividend of US$0.22 Per Share

Postal Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $49.5625 million.

Postal Realty Trust, Inc. (NYSE:PSTL) entered into definitive agreements to acquire 13 postal properties for approximately $18.5 million.

New 90-day high: €13.80

New 90-day high: €13.36

Third quarter 2020 earnings released: US$0.002 loss per share

Postal Realty Trust, Inc. to Report Q3, 2020 Results on Nov 10, 2020

New 90-day low: €12.05

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 49,500 square foot postal property in Greensboro, North Carolina for approximately $4.6 million.

Postal Realty Trust, Inc. (NYSE:PSTL) agreed to acquire United Properties Holding, Inc. from Andrew Spodek.

Postal Realty Trust, Inc. (NYSE:PSTL) cancelled the acquisition of 154 Postal Properties.

Earnings released

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 98 United States Postal Service Properties for $23.4 million.

Postal Realty Trust, Inc. to Report First Half, 2020 Results on Aug 12, 2020

Postal Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $45.5 million.

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 79 Additional Post Office Properties in the US from unaffiliated third parties for $25.9 million.

New 90-day low - €11.39

Postal Realty Trust, Inc.(NYSE:PSTL) dropped from Russell Microcap Value Index

CEO Compensation Analysis

CEO

Tenure

Compensation