Form 4: BRT Apartments Corp. CEO Jeffrey Gould Reports Stock Purchases
SEC Form 4
BRT Apartments Corp. CEO Jeffrey Gould reports multiple purchases of common stock through various entities.
Summary
- Jeffrey Gould, the President and CEO of BRT Apartments Corp., reported several transactions involving the company's common stock.
- These transactions occurred between April 15, 2024, and April 17, 2024.
- The purchases were made at prices ranging from $16.825 to $17.00 per share.
- The shares were acquired through direct ownership and indirect ownership via entities such as Gould Investors L.P., Gould Family Trust, Gould Shenfeld Family Foundation and 130 Store Company LLC.
- The total shares beneficially owned following the reported transactions by Gould Investors L.P. is 3,707,980.9731.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by an executive. There is no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The stock purchases could be viewed positively by shareholders as it signals confidence from the CEO.
- However, the impact is likely to be minimal unless the transactions are substantial or part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Earliest transaction date reported; purchase of 11,212 shares at $16.9996. |
| 04/16/2024 | Purchase of 12,850 shares at $16.9537. |
| 04/17/2024 | Purchase of 12,850 shares at $16.8883; Date of report signature. |
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