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

BRT Apartments Corp. CEO Jeffrey Gould reports the purchase of 12,299 shares of common stock at an average price of $16.8481.

Summary

• On April 5, 2024, Jeffrey Gould, the President and CEO of BRT Apartments Corp., purchased 12,299 shares of the company's common stock.
• The purchase was made at a weighted average price of $16.8481 per share, with individual trades ranging from $16.76 to $16.90.
• Following the transaction, Gould directly owns 493,794.734 shares.
• Gould also has indirect ownership through various entities, including the Gould Shenfeld Family Foundation (24,508.303 shares), the Gould Family Trust (37,005.201 shares), 130 Store Company LLC (28,104.588 shares), and Gould Investors L.P. (3,644,627.849 shares).
• Gould disclaims beneficial ownership of shares held by 130 Store Company LLC to the extent he does not have a pecuniary interest.
• The reported transactions include shares acquired through the issuer's dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally a good sign, but the document is simply a report of the transaction.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. This purchase could be seen as a positive sign for BRT Apartments Corp.

Stakeholder Impact

• The CEO's stock purchase could positively influence shareholder sentiment.

Key Dates