Form 4: BRT Apartments Corp. Senior VP Matthew Gould Increases Stake Through Open Market Purchases

Matthew J. Gould, a Director, 10% Owner, and Senior Vice President of BRT Apartments Corp., has increased his beneficial ownership in the company through recent open market purchases of common stock.

Summary

• Matthew J. Gould, a Senior Vice President, Director, and 10% Owner of BRT Apartments Corp. (BRT), acquired additional shares of the company's common stock.
• On June 16, 2025, 1,742 shares were purchased at a price of $15.8 per share.
• On June 18, 2025, an additional 100 shares were purchased at a price of $15.75 per share.
• These purchases were made indirectly through Gould Investors L.P., an entity where Mr. Gould is an officer of the managing general partner.
• Following these transactions, Mr. Gould's total beneficial ownership, including direct and various indirect holdings (Gould Family Trust, Gould Shenfeld Family Foundation, BRT Apartments Corp. Pension Trust, 130 Store Company LLC, and Gould Investors L.P.), amounts to 4,552,569.4966 shares of common stock.
• The reported transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy.

Sentiment

Score: 8

Explanation: The insider purchase by a high-ranking executive and significant shareholder indicates strong confidence in the company's value and future, which is a positive signal for investors.

Positives

• A key insider, Matthew J. Gould, who serves as a Director, 10% Owner, and Senior Vice President, has increased his stake in BRT Apartments Corp. through open market purchases.
• The purchases, totaling 1,842 shares, indicate management's confidence in the company's future prospects at current valuation levels.
• The transactions were executed under a Rule 10b5-1(c) plan, suggesting a pre-planned and systematic investment strategy.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

BRT Apartments Corp. operates as a real estate investment trust (REIT) focused on multi-family properties. Insider purchases in REITs can signal confidence in the underlying real estate market and the company's asset valuation, especially in a fluctuating interest rate environment.

Related Party Transactions

• The reported share purchases were made indirectly through Gould Investors L.P., an entity where the reporting person, Matthew J. Gould, is an officer of the managing general partner.
• Other indirect holdings include the Gould Family Trust, Gould Shenfeld Family Foundation, BRT Apartments Corp. Pension Trust, and 130 Store Company LLC, all of which are related to the reporting person.

Stakeholder Impact

• Shareholders may view the insider purchases as a positive sign of management's belief in the company's value, potentially increasing investor confidence.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

BRT Apartments Corp., BRT, Matthew J. Gould, Insider Trading, SEC Form 4, Common Stock, Share Purchase, Beneficial Ownership, Real Estate, Apartment REIT, Gould Investors L.P.