Form 4 Filing for Sam Levinson

This filing details transactions made by Sam Levinson, a 10% owner, director, and officer of Clipper Realty Inc. (CLPR). On September 23, 2026, Levinson acquired 13,606 shares of Common Stock at a weighted average price of $3.377 per share, bringing the post-transaction total to 401,704 shares. The following day, September 24, 2026, an additional 9,317 shares were acquired at a weighted average price of $3.3795, increasing the total to 411,021 shares. The filing also lists various holdings of Common Stock and Special Voting Stock, including shares held directly, indirectly through entities like Trapeze Inc., Trapeze D Holdings LLC, and ECL Holdings LLC, and shares held by a spouse through a profit-sharing plan. Special Voting Stock is described as non-dividend-paying stock granting voting rights, exchangeable with Class B LLC Units for cash or Common Stock.