Form 4: Gould Investors L.P., a 10% Owner, Increases Stake in BRT Apartments Corp. with Recent Stock Purchase

Gould Investors L.P., a significant shareholder and director, has increased its beneficial ownership in BRT Apartments Corp. by purchasing 7,500 shares of common stock.

Summary

• Gould Investors L.P., identified as both a Director and a 10% Owner of BRT Apartments Corp. (BRT), acquired additional shares.
• On May 29, 2025, Gould Investors L.P. purchased 7,500 shares of BRT Common Stock.
• 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, Gould Investors L.P. beneficially owns 3,970,543.9496 shares of BRT Common Stock, which includes shares acquired through the issuer's dividend reinvestment plan.

Sentiment

Score: 8

Explanation: The purchase of shares by a significant insider (10% owner and director) is generally viewed as a strong positive signal, indicating confidence in the company's future.

Positives

• A significant insider (10% owner and director) is increasing their stake, indicating confidence in the company's future prospects.
• The purchase adds 7,500 shares to their existing substantial holding of nearly 4 million shares, reinforcing their commitment.

Future Outlook

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

Management Comments

• The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Industry Context

The purchase of shares by a significant insider in a real estate investment trust (REIT) like BRT Apartments Corp. can signal confidence in the sector's stability or growth prospects, particularly in the residential apartment market. Such insider buying often suggests that the insider believes the company's stock is undervalued or expects positive developments.

Related Party Transactions

• The transaction involves a 10% owner and director, Gould Investors L.P., purchasing shares from the open market, which is a common form of related party transaction reported on Form 4.

Stakeholder Impact

• Shareholders: The insider purchase may instill greater confidence among existing and potential shareholders, potentially leading to positive sentiment and increased demand for the stock.
• Management: The increased stake by a director and significant owner aligns their interests more closely with other shareholders, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• Gould Investors L.P. has undertaken to provide full information regarding the number of shares and prices of the transaction upon request to the SEC staff, the issuer, or a security holder.

Key Dates

Recommendation

Keywords

BRT Apartments Corp., BRT, Gould Investors L.P., Insider Trading, Form 4, Stock Purchase, Beneficial Ownership, Real Estate Investment Trust, REIT, Director, 10% Owner