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

Sentiment:

SEC Form 4 Filing


Jeffrey Gould, President and CEO of BRT Apartments Corp., reported the purchase of common stock through indirect holdings.

Summary

  • On April 18, 2024, Jeffrey Gould, the President and CEO of BRT Apartments Corp., purchased 12,850 shares of common stock at a weighted average price of $16.628.
  • On April 19, 2024, Mr. Gould purchased an additional 5,500 shares of common stock at a weighted average price of $16.8883.
  • These purchases were made indirectly through Gould Investors L.P.
  • Following these transactions, Mr. Gould indirectly owns 3,726,330.9731 shares through Gould Investors L.P., and directly owns 493,794.734 shares.
  • Mr. Gould also has indirect ownership through the Gould Shenfeld Family Foundation (24,508.303 shares), the Gould Family Trust (37,005.201 shares), and 130 Store Company LLC (28,104.588 shares).

Sentiment

Score: 6

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

Positives

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

Industry Context

Insider trading activity is closely monitored as it can provide insights into management's perspective on the company's value and future performance. Purchases by executives are often seen as a positive sign.

Key Dates

DateDescription
04/18/2024Purchase of 12,850 shares of common stock at a weighted average price of $16.628.
04/19/2024Purchase of 5,500 shares of common stock at a weighted average price of $16.8883.
04/22/2024Date of signature for the Form 4 filing.

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