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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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GENERATION INCOME PROPERTIES, INC. (Name of Issuer) |
Common Stock, $0.01 par value per share (Title of Class of Securities) |
(CUSIP Number) |
David Sobelman 401 EAST JACKSON STREET, SUITE 3300 TAMPA, FL, 33602 813-448-1234 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
07/24/2026 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
Sobelman David | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
185,562.77 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
15.56 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, $0.01 par value per share |
| (b) | Name of Issuer:
GENERATION INCOME PROPERTIES, INC. |
| (c) | Address of Issuer's Principal Executive Offices:
401 EAST JACKSON STREET, SUITE 3300, TAMPA,
FLORIDA
, 33602. |
| Item 2. | Identity and Background |
| (a) | David Sobelman |
| (b) | 401 EAST JACKSON STREET, SUITE 3300, TAMPA, FL, 33602 |
| (c) | Chairman, President, CEO |
| (d) | N/A |
| (e) | N/A |
| (f) | United States |
| Item 3. | Source and Amount of Funds or Other Consideration |
On July 24, 2026, Generation Income Properties, Inc., a Maryland corporation (the "Company"), Generation Income Properties, L.P., a Delaware limited partnership and the operating partnership of the Company (the "Operating Partnership"), and the David E. Sobelman Revocable Trust (the "Sobelman Trust"), entered into a Debt Conversion Agreement (the "Debt Conversion Agreement"). Pursuant to the Debt Conversion Agreement, the Operating Partnership and the Sobelman Trust agreed to convert $120,000 of the outstanding debt (the "Converted Debt") owed by the Operating Partnership to the Sobelman Trust under that certain Promissory Note, dated as of May 29, 2025, issued by the Operating Partnership in the original principal amount of $610,000 (the "Note"), into 162,163 shares of common stock, par value $0.01 per share, of the Company (the "Common Stock"). | |
| Item 4. | Purpose of Transaction |
The purpose was to convert debt into shares. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | 396,160 shares
33.22% |
| (b) | 396,160 |
| (c) | On July 24, 2026, the Company, Generation Income Properties, L.P., a Delaware limited partnership and the Operating Partnership, and the Sobelman Trust, entered into the Debt Conversion Agreement. Pursuant to the Debt Conversion Agreement, the Operating Partnership and the Sobelman Trust agreed to convert $120,000 of the Converted Debt owed by the Operating Partnership to the Sobelman Trust under that certain Promissory Note, dated as of May 29, 2025, issued by the Operating Partnership in the original principal amount of the Note, into 162,163 shares of common stock, par value $0.01 per share, of the Common Stock. |
| (d) | N/A |
| (e) | N/A |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
N/A | |
| Item 7. | Material to be Filed as Exhibits. |
N/A |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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