Form 4: BRT Apartments Corp. Executive Matthew Gould Reports Stock Purchase
SEC Form 4 Filing
Senior Vice President Matthew Gould of BRT Apartments Corp. reports the acquisition of 12,200 shares of common stock.
Summary
- On April 11, 2024, Matthew J. Gould, Senior Vice President and Director of BRT Apartments Corp., purchased 12,200 shares of the company's common stock.
- The purchase was made at a weighted average price of $16.8892 per share, with individual trades ranging from $16.70 to $16.91.
- Following the transaction, Gould directly owns 460,878.419 shares and indirectly owns 3,671,068.9731 shares through various entities including Gould Investors L.P., Gould Family Trust, Gould Shenfeld Family Foundation, BRT Apartments Corp. Pension Trust, and 130 Store Company LLC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally viewed favorably, but the document itself is simply a regulatory filing.
Positives
- An officer purchasing shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This purchase by a senior executive may be interpreted as a positive signal by investors.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of the stock purchase transaction. |
| 04/15/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.