Form 4: Director Thomas DiBenedetto Receives ALX Stock Grant

Director Thomas R. DiBenedetto was granted 505 Deferred Stock Units by Alexander's, Inc. on May 21, 2026.

Summary

• Director Thomas R. DiBenedetto received a grant of 505 Deferred Stock Units (DSUs) from Alexander's, Inc. (ALX).
• 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 director 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

• Alignment of director 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 standard disclosure of director equity compensation.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation within the Real Estate Investment Trust (REIT) sector, reflecting standard corporate governance practices for board member retention.

Comparison to Industry Standards

• The use of Deferred Stock Units for board compensation is a standard practice among publicly traded REITs to ensure director alignment with long-term equity performance.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• The director will receive the underlying shares upon departure from the Board of Directors.

Key Dates

Keywords

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