Form 4: BRT Apartments CEO Jeffrey Gould Increases Stake with Significant Common Stock Purchase

BRT Apartments Corp.'s President and CEO, Jeffrey Gould, acquired 7,500 shares of common stock at a weighted average price of $15.9331 per share on May 29, 2025, signaling increased insider confidence.

Summary

• Jeffrey Gould, the President and CEO, Director, and 10% Owner of BRT Apartments Corp. (BRT), reported a transaction on May 29, 2025.
• Mr. Gould purchased 7,500 shares of BRT Common Stock at a weighted average price of $15.9331 per share.
• The purchase price ranged from $15.725 to $16 per share.
• Following this transaction, Mr. Gould's direct beneficial ownership stands at 526,354.669 shares of Common Stock.
• Indirect beneficial ownership includes 24,508.303 shares held by the Gould Shenfeld Family Foundation, 0.575 shares by the Gould Family Trust, 29,795.171 shares by 130 Store Company LLC, and 3,970,543.9496 shares by Gould Investors L.P.
• All indirect holdings, as well as the direct holding, include shares obtained through the issuer's dividend reinvestment plan.
• Mr. Gould disclaims beneficial ownership of securities held by 130 Store Company LLC and Gould Investors L.P. to the extent he does not have a pecuniary interest therein.

Sentiment

Score: 8

Explanation: The sentiment is highly positive due to a significant insider purchase by the President and CEO, indicating strong confidence in the company's value and future performance.

Positives

• The President and CEO, Jeffrey Gould, purchased 7,500 shares of common stock, which typically indicates strong management confidence in the company's future prospects and valuation.
• The acquisition was made at a weighted average price of $15.9331 per share, suggesting management believes the stock is undervalued or poised for growth at this price point.

Future Outlook

This document, an SEC Form 4, reports an insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• Jeffrey Gould, President and CEO, Director, and 10% Owner, executed a purchase of 7,500 shares of BRT Apartments Corp. common stock, signaling a direct investment and confidence in the company.

Industry Context

This Form 4 filing details an insider stock purchase, which is a common occurrence across all industries. It does not provide specific industry-wide trends or competitive analysis, but insider buying in the real estate investment trust (REIT) sector can be viewed positively as it suggests management's belief in the underlying real estate assets and future cash flows.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value, potentially increasing investor confidence.
• Employees may perceive this as a sign of stability and positive outlook from leadership.

Key Dates

Recommendation

Keywords

BRT Apartments Corp., BRT, Jeffrey Gould, Insider Trading, Stock Purchase, Beneficial Ownership, SEC Form 4, Real Estate Investment Trust, REIT, Common Stock