Form 4: BRT Apartments Corp. CEO Jeffrey Gould Reports Stock Purchase

Jeffrey Gould, President and CEO of BRT Apartments Corp., reports the purchase of 12,200 shares of common stock at an average price of $16.8892.

Summary

• On April 11, 2024, Jeffrey Gould, the President and CEO of BRT Apartments Corp., purchased 12,200 shares of the company's common stock.
• The purchase was made at a weighted average price of $16.8892 per share, with individual trades ranging from $16.70 to $16.91.
• Following the transaction, Gould directly owns 493,794.734 shares and indirectly owns 3,671,068.9731 shares through Gould Investors L.P., 24,508.303 shares through Gould Shenfeld Family Foundation, 37,005.201 shares through Gould Family Trust, and 28,104.588 shares through 130 Store Company LLC.
• Gould disclaims beneficial ownership of shares held by 130 Store Company LLC to the extent he does not have a pecuniary interest.
• The shares owned by Gould Investors L.P. include shares in which the reporting person does not have a pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive signal, but it's a single transaction and doesn't provide a comprehensive view of the company's financial health.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's view of the company's prospects. A purchase by the CEO is generally seen as a positive sign.

Key Dates