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

Jeffrey Gould, President and CEO of BRT Apartments Corp., reports multiple transactions involving the company's common stock, including acquisitions and a pro rata distribution.

Summary

• On May 12, 2025, Jeffrey Gould acquired 10,119 shares of BRT Apartments Corp. common stock at a price of $15.4514 per share.
• On May 13, 2025, he acquired another 10,119 shares at $15.1726 per share and an additional 5,000 shares at $15.05 per share.
• These shares are indirectly owned through Gould Investors L.P.
• Additionally, a pro rata distribution of 37,558 shares of common stock was made by a trust to its beneficiaries on May 14, 2025, for no consideration.
• Gould is a trustee of the trust and disclaims a pecuniary interest in these shares.
• Gould also indirectly owns shares through the Gould Shenfeld Family Foundation, the Gould Family Trust, and 130 Store Company LLC.
• As of the latest transactions, Gould indirectly owns 3,929,183.9496 shares through Gould Investors L.P., 24,508.303 shares through the Gould Shenfeld Family Foundation, 0.575 shares through the Gould Family Trust, and 29,795.171 shares through 130 Store Company LLC, and directly owns 526,354.669 shares.
• The total amount of securities beneficially owned following reported transactions is not explicitly stated.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports stock transactions, which don't inherently indicate positive or negative sentiment without further context.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and management's confidence in the company.

Comparison to Industry Standards

• Comparing insider transactions to those of peers like Apartment Income REIT Corp. (AIR) or Equity Residential (EQR) can provide context.
• However, without knowing the specific reasons behind these transactions (e.g., diversification, estate planning), it's difficult to draw definitive conclusions.
• Generally, consistent buying activity by insiders is viewed positively, while consistent selling may raise concerns.

Stakeholder Impact

• Shareholders may be interested in these transactions as they reflect insider activity.
• The pro rata distribution could impact the holdings of the trust's beneficiaries.

Key Dates

Keywords

BRT Apartments Corp., Jeffrey Gould, stock transactions, Form 4, beneficial ownership, Gould Investors L.P., common stock, acquisitions, pro rata distribution