Form 4: One Liberty Properties CFO Reports Gift of Shares to Daughter, Updates Beneficial Ownership
SEC Form 4 Filing
Isaac Kalish, CFO of One Liberty Properties, reports a gift of company shares to his daughter and updates his beneficial ownership holdings.
Summary
- On March 18, 2024, Isaac Kalish, the Senior Vice President and CFO of One Liberty Properties Inc. (OLP), reported a transaction involving the company's common stock.
- The report reflects a gift of 250 shares of common stock to his daughter.
- The filing also restores information about shares held by his daughter that were inadvertently removed from a previous filing on January 17, 2024.
- Kalish also indirectly owns shares through various pension trusts and as a custodian for his child.
- The total number of shares beneficially owned following the reported transactions is detailed in the filing.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the gift of shares is a neutral event from a financial perspective.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions and holdings of company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 01/17/2024 | Previous Form 4 filing by Isaac Kalish, which inadvertently removed information about shares held by his daughter. |
| 03/18/2024 | Date of the gift transaction of 250 shares to Isaac Kalish's daughter. |
| 03/20/2024 | Date of signature for the Form 4 filing. |
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