Form 4: BRT Apartments Senior VP Buys 7,000 Shares

Matthew J. Gould, Senior Vice President and Director of BRT Apartments Corp., acquired 7,000 shares of common stock at a weighted average price of $14.9612, increasing his direct beneficial ownership.

Summary

• Matthew J. Gould, Senior Vice President and Director of BRT Apartments Corp., reported the acquisition of 7,000 shares of common stock.
• The transaction occurred on October 20, 2025, at a weighted average price of $14.9612 per share.
• This purchase increases his direct beneficial ownership to 498,439.338 shares.
• Mr. Gould also has significant indirect beneficial ownership through various entities, including 0.575 shares via the Gould Family Trust, 24,508.303 shares via the Gould Shenfeld Family Foundation, 20,874 shares via the BRT Apartments Corp. Pension Trust, 30,277.015 shares via 130 Store Company LLC, and 4,074,353.3592 shares via Gould Investors L.P.
• Many of these holdings include shares acquired through the issuer's dividend reinvestment plan.
• Mr. Gould disclaims beneficial ownership for certain indirect holdings to the extent he does not have a pecuniary interest.

Sentiment

Score: 7

Explanation: The purchase of shares by a senior executive and director is generally viewed as a positive signal, indicating confidence in the company's valuation and future prospects. The amount, while not massive, adds to direct ownership.

Positives

• A senior executive and director, Matthew J. Gould, purchased 7,000 shares of BRT Apartments Corp. common stock, signaling confidence in the company's future.
• The purchase was made at a weighted average price of $14.9612 per share.

Future Outlook

NA

Industry Context

This filing reports an insider transaction, which is specific to the individual and company, and does not inherently provide broader industry context or trends.

Related Party Transactions

• Matthew J. Gould holds indirect beneficial ownership through the Gould Family Trust, where he is a trustee.
• He also holds indirect beneficial ownership through the Gould Shenfeld Family Foundation, where he is a trustee.
• Indirect beneficial ownership is held through the BRT Apartments Corp. Pension Trust, where he is a trustee.
• Indirect beneficial ownership is held through 130 Store Company LLC, where he is a manager, though he disclaims pecuniary interest to the extent not held.
• Indirect beneficial ownership is held through Gould Investors L.P., where he is an officer of the managing general partner, disclaiming pecuniary interest for shares not directly held.

Stakeholder Impact

• Shareholders may interpret the insider purchase as a positive sign of management's belief in the company's value and future performance.
• The transaction provides transparency regarding executive stock ownership, which can enhance investor confidence.

Key Dates

Recommendation

The acquisition of shares by a senior executive and director is a positive indicator of internal confidence in BRT Apartments Corp.'s outlook. However, this single transaction, while noteworthy, does not provide sufficient fundamental or strategic information to warrant a 'buy' or 'sell' recommendation. A 'hold' recommendation reflects the positive signal from insider buying without suggesting a significant immediate change in the company's investment profile based solely on this filing.

Keywords

BRT Apartments Corp, BRT, Matthew J. Gould, insider trading, stock purchase, Form 4, beneficial ownership, real estate, director, senior vice president