4/A: One Liberty Properties CFO Corrects Beneficial Ownership Report
SEC Filing (Form 4/A)
Isaac Kalish, CFO of One Liberty Properties, files an amended Form 4 to correct an error in a previously reported transaction regarding beneficial ownership of company stock.
Summary
- Isaac Kalish, the Senior Vice President and CFO of One Liberty Properties Inc. [OLP], filed an amended Form 4 with the SEC.
- The amendment, filed on March 20, 2024, corrects an error in Column 5 of the original Form 4 filed on July 25, 2023.
- The report details changes in Mr. Kalish's beneficial ownership of One Liberty Properties common stock.
- The transactions include acquisitions through the company's dividend reinvestment plan and shares held indirectly through various pension trusts and as custodian for his children.
- On July 21, 2023, Mr. Kalish acquired 4,076.406 shares of common stock at $0 per share as a gift to his daughter.
- Following the reported transactions, Mr. Kalish directly owns 66,544.657 shares and indirectly owns 8,030.312 shares as custodian for his daughter, 19,438 shares through Gould Investors L.P. pension trust, 155,033 shares through REIT Mgt. Corp. pension and profit sharing trusts, and 4,169 shares through BRT Apartments Corp. Pension Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider trading and beneficial ownership, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 07/21/2023 | Date of earliest transaction: Acquisition of 4,076.406 shares of common stock. |
| 07/25/2023 | Date of original Form 4 filing that was amended. |
| 03/20/2024 | Date of the amended Form 4/A filing. |
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