Form 4: Mandakini Puri Receives Deferred Stock Units in ALX

Director Mandakini Puri was granted 505 deferred stock units by Alexander's, Inc. on May 21, 2026.

Summary

• Mandakini Puri, a Director at Alexander's, Inc. (ALX), received a grant of 505 Deferred Stock Units (DSUs).
• The grant was issued on May 21, 2026.
• Each DSU entitles the holder to one share of Common Stock upon the termination of their service on the Board of Directors.

Sentiment

Score: 5

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

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The DSUs vest immediately but are not deliverable as common stock until the reporting person ceases to serve on the Board of Directors.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation, common in the real estate investment trust (REIT) sector to ensure board members maintain a vested interest in company performance.

Comparison to Industry Standards

• The use of deferred stock units for board compensation is a standard governance practice among publicly traded REITs to align director incentives with long-term shareholder outcomes.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this represents a standard equity-based compensation grant.

Next Steps

• Delivery of common stock upon the reporting person's departure from the Board of Directors.

Key Dates

Keywords

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