Form 4: BRT Director Sells Fractional Stake Under 10b5-1 Plan

BRT Apartments Corp. Director Alan H. Ginsburg reported a sale of a fractional number of common shares under a pre-arranged trading plan.

Summary

• Alan H. Ginsburg, a Director of BRT Apartments Corp., reported a transaction involving the sale of common stock.
• The transaction occurred on October 28, 2025, and involved the disposition of 0.0923 shares of Common Stock.
• The shares were sold at a price of $14.88 per share.
• Following this transaction, Mr. Ginsburg directly beneficially owns 66,678.9077 shares of BRT Apartments Corp. Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction involves an extremely small, fractional number of shares (0.0923) and was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled. This type of disclosure is routine and carries minimal to no signaling power regarding the company's fundamental prospects or the director's confidence.

Negatives

• A director, Alan H. Ginsburg, sold a fractional amount of common stock, which, while negligible in size, is technically an insider sale.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

This filing is a routine disclosure of an individual insider's stock transaction and does not provide broader industry context or trends.

Related Party Transactions

• The reported sale of common stock by Director Alan H. Ginsburg constitutes a related party transaction.

Stakeholder Impact

• The impact on shareholders, employees, customers, suppliers, and creditors is negligible due to the extremely small volume of shares transacted.

Key Dates

Recommendation

This filing reports a de minimis sale of common stock by a director under a pre-arranged 10b5-1 plan. The transaction volume (0.0923 shares) is too insignificant to warrant any change in investment recommendation. It is highly likely a technical adjustment rather than a strategic divestment, thus having no material impact on the investment thesis for BRT Apartments Corp.

Keywords

BRT Apartments Corp., BRT, Alan H. Ginsburg, Form 4, insider trading, beneficial ownership, common stock, director, stock sale, 10b5-1 plan