Form 4: One Liberty Properties COO Justin Clair Sells 5,500 Shares
SEC Form 4 Filing
Justin Clair, Chief Operating Officer of One Liberty Properties Inc., sold 5,500 shares of common stock at an average price of $22.2541 on April 3, 2024.
Summary
- On April 3, 2024, Justin Clair, the Chief Operating Officer of One Liberty Properties Inc. (OLP), sold 5,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $22.2541 per share, with individual transactions occurring between $22.25 and $22.30.
- Following the transaction, Clair directly owns 44,249 shares of One Liberty Properties Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as slightly negative.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects. However, one transaction is not necessarily indicative of a trend.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially causing a minor fluctuation in the stock price.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of the transaction: Justin Clair sold 5,500 shares of OLP. |
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