<SEC-DOCUMENT>0001628280-23-002121.txt : 20230202
<SEC-HEADER>0001628280-23-002121.hdr.sgml : 20230202
<ACCEPTANCE-DATETIME>20230202194045
ACCESSION NUMBER:		0001628280-23-002121
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230131
FILED AS OF DATE:		20230202
DATE AS OF CHANGE:		20230202

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Garber Jeremy
		CENTRAL INDEX KEY:			0001777093

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38903
		FILM NUMBER:		23583166

	MAIL ADDRESS:	
		STREET 1:		75 COLUMBIA AVENUE
		CITY:			CEDARHURST
		STATE:			NY
		ZIP:			11516

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Postal Realty Trust, Inc.
		CENTRAL INDEX KEY:			0001759774
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				832586114
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		75 COLUMBIA AVE
		CITY:			CEDARHURST
		STATE:			NY
		ZIP:			11516
		BUSINESS PHONE:		576-295-7820

	MAIL ADDRESS:	
		STREET 1:		75 COLUMBIA AVE
		CITY:			CEDARHURST
		STATE:			NY
		ZIP:			11516
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
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            <rptOwnerCity>CEDARHURST</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
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            <officerTitle>Pres., Treasurer &amp; Secretary</officerTitle>
            <otherText></otherText>
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    <footnotes>
        <footnote id="F1">1. As previously reported, on March 20, 2020, the Reporting Person was granted 14,196 performance-based restricted stock units (the &quot;RSUs&quot;), and, depending on the level of achievement of certain performance-based hurdles during the three-year performance period ended on December 31, 2022 (the &quot;Measurement Period&quot;), the actual number of RSUs earned could range from 50% to 150% of the target RSUs. On January 31, 2023, 10,079 RSUs vested based on the achievement of certain performance goals during the Measurement Period after the Corporate Governance and Compensation Committee of the Board of Directors of Postal Realty Trust, Inc. (the &quot;Issuer&quot;) certified the Reporting Person's achievement relative to the applicable performance objectives during the Measurement Period and approved the vesting of the RSUs with respect to these shares.</footnote>
        <footnote id="F2">In accordance with the Issuer's 2019 Equity Incentive Plan (the &quot;Plan&quot;), Performance Units (as defined in the Plan) convert into the Issuer's Class A common stock on a one-for-one basis.</footnote>
        <footnote id="F3">Reflects a grant of restricted shares of the Issuer's Class A common stock that vest ratably on the first, second and third anniversaries of February 1, 2023, subject to the Reporting Person's continued service as an employee through the applicable vesting date.</footnote>
        <footnote id="F4">The LTIP Units are a class of limited partnership units of Postal Realty LP (the &quot;Operating Partnership&quot;).</footnote>
        <footnote id="F5">Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by the Issuer into an equivalent number of units of the Operating Partnership (&quot;OP Units&quot;). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.</footnote>
        <footnote id="F6">Reflects LTIP Unit grants in lieu of cash compensation that vest on the eighth anniversary of February 1, 2023, subject to certain conditions.</footnote>
        <footnote id="F7">The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the average price of the Issuer's Class A common stock for the 10 trading days immediately preceding January 31, 2023, which was $15.1309.</footnote>
        <footnote id="F8">Each RSU represents a contingent right to receive shares of the Issuer's Class A common stock.</footnote>
        <footnote id="F9">The Reporting Person may earn up to 200% of the RSUs granted.</footnote>
        <footnote id="F10">The RSUs are market-based awards and are subject to and will vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2025. Upon vesting, the RSUs that vest will be settled in shares of the Issuer's Class A common stock and the Reporting Person will be entitled to receive the distributions that would have been paid with respect to each share of the Issuer's Class A common stock received upon settlement on or after the date the RSUs were initially granted.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Jie Chai, attorney-in-fact</signatureName>
        <signatureDate>2023-02-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
