Form 4: BRT Apartments Corp. Senior Vice President Matthew Gould Reports Stock Purchases

Matthew Gould, Senior Vice President of BRT Apartments Corp., reports the purchase of BRT stock in multiple transactions between April 15 and April 17, 2024.

Summary

• Matthew Gould, a Senior Vice President at BRT Apartments Corp., filed a Form 4 detailing stock purchases.
• On April 15, 2024, Gould purchased 11,212 shares of BRT stock at a weighted average price of $16.9996 per share.
• On April 16, 2024, he purchased 12,850 shares at a weighted average price of $16.9537 per share.
• On April 17, 2024, he purchased another 12,850 shares at a weighted average price of $16.8883 per share.
• These purchases were made through Gould Investors L.P., where Gould is an officer of the managing general partner.
• Following these transactions, Gould indirectly holds 3,707,980.9731 shares through Gould Investors L.P., and directly holds 460,878.419 shares.
• Gould also holds shares indirectly through the 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. Insider buying is generally viewed as a positive sign, but the document itself is simply a report of transactions.

Positives

• The insider buying activity could be interpreted as a positive signal, indicating that a company insider believes the stock is undervalued.

Industry Context

Insider buying is often monitored by investors as an indicator of management's confidence in the company's prospects. It can be a positive signal, but should be considered alongside other factors.

Key Dates