4/A: BRT Apartments Corp. Director Jonathan H. Simon Corrects Stock Ownership Reporting
SEC Filing
Jonathan H. Simon, a director at BRT Apartments Corp., files an amended Form 4 to correct an arithmetical error in a previous filing regarding stock ownership.
Summary
- Jonathan H. Simon, a director of BRT Apartments Corp., filed an amended Form 4 on January 15, 2025, to correct an error in a previous filing from January 16, 2024.
- The amendment concerns the reporting of restricted stock issued on January 11, 2024, under the issuer's 2022 Incentive Plan.
- Simon was issued 4,100 shares of common stock as restricted stock on January 11, 2024, which vest on or about January 10, 2029, subject to continued relationship with the issuer.
- The corrected filing shows Simon beneficially owns 62,429 shares of common stock following the reported transaction.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulations.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 01/11/2024 | Date of the transaction where 4,100 shares of restricted stock were issued. |
| 01/16/2024 | Date of the original Form 4 filing that contained an arithmetical error. |
| 01/10/2029 | Vesting date for the restricted stock, contingent upon continued relationship with the issuer. |
| 01/15/2025 | Date of the amended Form 4A filing to correct the error. |
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