Form 4: Arthur Sonnenblick Receives ALX Deferred Stock Units

Director Arthur Sonnenblick was granted 505 deferred stock units in Alexander's, Inc. as part of his compensation.

Summary

• Arthur Sonnenblick, a Director at Alexander's, Inc. (ALX), received a grant of 505 Deferred Stock Units (DSUs) on May 21, 2026.
• The DSUs represent a right to receive an equivalent number of shares of common stock.
• The units vest immediately upon grant.
• The underlying common stock is not deliverable until the reporting person ceases to serve on the Board of Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.

Positives

• The grant aligns the director's interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the deferred stock units is subject to the future market performance of Alexander's, Inc. common stock.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a routine disclosure of director compensation.

Industry Context

StockSavvy.ai notes that this is a standard equity compensation disclosure for a real estate investment trust (REIT) director, reflecting typical corporate governance practices for board member retention.

Comparison to Industry Standards

• The use of deferred stock units that vest upon departure is a common practice among publicly traded REITs to ensure long-term board alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact as this is a standard compensation grant.

Next Steps

• The director will receive the underlying common stock upon his eventual departure from the Board of Directors.

Key Dates

Keywords

Alexander's Inc, ALX, Form 4, Director Compensation, Deferred Stock Units, Insider Transaction