Form 4: BRT Apartments Corp. Director Jonathan H. Simon Reports Stock Transactions
SEC Form 4 Filing
Director Jonathan H. Simon reports acquisition of 4,250 shares of BRT Apartments Corp. stock and disposal of 425 shares held by spouse as custodian.
Summary
- On January 13, 2025, Jonathan H. Simon, a director of BRT Apartments Corp., reported transactions involving the company's common stock.
- Simon acquired 4,250 shares of common stock.
- These shares were issued as restricted stock on January 11, 2024, under the issuer's 2024 Incentive Plan and generally vest on or about January 10, 2029, subject to continued relationship with the issuer.
- Simon also disposed of 425 shares held indirectly by his spouse as custodian for their son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 01/11/2024 | Shares were issued as restricted stock under the issuer's 2024 Incentive Plan |
| 01/13/2025 | Date of stock acquisition and disposal transactions |
| 01/10/2029 | Vesting date for the restricted stock, subject to continued relationship with the issuer |
| 01/15/2025 | Date of signature for the Form 4 filing |
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