Form 4: BRT Apartments Corp. Senior VP and Director Matthew Gould Increases Stake with Significant Common Stock Purchase

Matthew J. Gould, Senior Vice President and Director of BRT Apartments Corp., purchased 7,500 shares of common stock on May 29, 2025, signaling increased insider confidence.

Summary

• Matthew J. Gould, who serves as a Director, 10% Owner, and Senior Vice President of BRT Apartments Corp. (BRT), reported a transaction involving the company's common stock.
• On May 29, 2025, Mr. Gould acquired 7,500 shares of BRT common stock through a purchase (P) transaction.
• The shares were acquired at a weighted average price of $15.9331 per share, with individual trades ranging from $15.725 to $16.
• Following this transaction, Mr. Gould's total beneficial ownership in BRT Apartments Corp. common stock stands at 4,542,101.9966 shares.
• This total beneficial ownership includes 496,379.498 shares held directly and various indirect holdings through entities such as the Gould Family Trust (0.575 shares), Gould Shenfeld Family Foundation (24,508.303 shares), BRT Apartments Corp. Pension Trust (20,874 shares), 130 Store Company LLC (29,795.171 shares), and Gould Investors L.P. (3,970,543.9496 shares).
• Many of the reported holdings, both direct and indirect, include shares acquired through the issuer's dividend reinvestment plan.

Sentiment

Score: 8

Explanation: An insider purchase by a high-ranking executive and director typically signals strong confidence in the company's prospects, which is a positive indicator for investors.

Positives

• The purchase of 7,500 shares by a Senior Vice President and Director indicates strong insider confidence in the company's current valuation and future prospects.
• Insider buying can be a positive signal to the market, suggesting that those with intimate knowledge of the company believe its stock is undervalued or poised for growth.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Shares are indirectly held by the Gould Family Trust, where the reporting person is a trustee.
• Shares are indirectly held by the Gould Shenfeld Family Foundation, where the reporting person is a trustee.
• Shares are indirectly held by the BRT Apartments Corp. Pension Trust, where the reporting person is a trustee.
• Shares are indirectly held by 130 Store Company LLC, where the reporting person is a manager, with a disclaimer of beneficial ownership to the extent of no pecuniary interest.
• Shares are indirectly held by Gould Investors L.P., where the reporting person is an officer of the managing general partner, including shares in which the reporting person does not have a pecuniary interest.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive signal, potentially increasing investor confidence in the company's future performance and stock value.

Key Dates

Recommendation

Keywords

BRT Apartments Corp., BRT, Matthew J. Gould, Insider Trading, Form 4, Stock Purchase, Real Estate, Apartments, Director, Senior Vice President, Beneficial Ownership