Form 4: OLP Senior VP Acquires 5,200 Restricted Shares

Richard Figueroa, Senior VP and Assistant Secretary of One Liberty Properties Inc., acquired 5,200 restricted common shares under the company's 2025 Incentive Plan.

Summary

• Richard Figueroa, Senior VP and Assistant Secretary of ONE LIBERTY PROPERTIES INC (OLP), acquired 5,200 shares of common stock.
• These shares were issued as restricted stock on January 14, 2026, under the issuer's 2025 Incentive Plan.
• The shares generally vest on or about January 13, 2031, subject to Figueroa's continued relationship with the issuer.
• Following this transaction, Figueroa beneficially owns 84,567 shares of common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates management alignment and long-term incentive, but it's a routine compensation event rather than a significant market-moving development.

Positives

• Management's acquisition of shares, even restricted, aligns their interests with shareholders.
• Issuance under an incentive plan suggests a commitment to long-term employee retention and performance.

Negatives

• The shares are restricted and do not vest for approximately five years, limiting immediate liquidity or direct market impact from the acquisition.

Risks

• The vesting of these shares is subject to the reporting person's continued relationship with the issuer, meaning forfeiture if employment ceases before vesting.

Future Outlook

The issuance of restricted stock under the 2025 Incentive Plan indicates a long-term retention strategy for key management personnel, aligning their future incentives with the company's performance over the next five years.

Industry Context

This transaction is a routine insider ownership disclosure, common across all industries, reflecting a company's use of equity-based compensation to incentivize and retain senior executives. It does not provide specific insights into broader industry trends for real estate investment trusts (REITs), which OLP likely is given its name.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential positive impact due to increased management alignment with long-term company performance.
• Employees: Reflects the company's compensation strategy for senior executives, potentially setting a precedent or standard for other incentive plans.

Next Steps

• Continued employment of Richard Figueroa with ONE LIBERTY PROPERTIES INC until the vesting date of January 13, 2031, for the shares to fully vest.

Key Dates

Recommendation

This Form 4 filing details a routine grant of restricted stock to a senior executive as part of an incentive plan. While it signals management alignment and long-term retention, it does not provide new fundamental information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. It's an expected corporate governance event.

Keywords

ONE LIBERTY PROPERTIES INC, OLP, Richard Figueroa, Form 4, Insider Trading, Restricted Stock, Incentive Plan, Common Stock, Beneficial Ownership