Form 4: Director David F. McBride Acquires and Disposes of Shares in First Real Estate Investment Trust of New Jersey
SEC Form 4
Director David F. McBride reports acquisition and disposal of common stock in First Real Estate Investment Trust of New Jersey.
Summary
- On March 22, 2024, David F. McBride, a director of First Real Estate Investment Trust of New Jersey (FREVS), acquired 1,230 shares of common stock at $0 per share.
- On the same day, McBride disposed of 76,318 shares of common stock.
- Following these transactions, McBride directly owns 76,318 shares.
- Additionally, McBride indirectly owns 4,000 shares through his wife.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| July 1, 2021 | First Real Estate Investment Trust of New Jersey reincorporated from a New Jersey real estate investment trust to a Maryland corporation. |
| 03/22/2024 | David F. McBride acquired 1,230 shares of common stock and disposed of 76,318 shares. |
| 03/25/2024 | Date of signature for the Form 4 filing. |
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