Form 4: One Liberty Properties Director Matthew Gould Reports Acquisition of Shares Through Dividend Reinvestment and RSU Vesting

Matthew Gould, Chairman of the Board at One Liberty Properties, reports acquiring 2,750 shares of common stock through RSU vesting and dividend reinvestment, increasing his total holdings.

Summary

• On August 6, 2024, Matthew J. Gould, Chairman of the Board at One Liberty Properties Inc. (OLP), reported acquiring 2,750 shares of common stock.
• These shares were acquired through the vesting of Restricted Stock Units (RSUs) granted in 2021, with the performance period ending June 30, 2024, and through the company's dividend reinvestment plan.
• Following the transaction, Gould directly owns 333,781.916 shares of OLP common stock.
• Gould also has indirect ownership through various entities, including the Gould Shenfeld Family Foundation (15,151.747 shares), BRT Apartments Corp. Pension Trust (4,169 shares), 130 Store Company (13,622 shares), Georgetown Partners LLC (144 shares), and Gould Investors L.P. (2,272,600.856 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock ownership changes. The vesting of RSUs suggests performance targets were met, which is mildly positive.

Positives

• The acquisition of shares through the dividend reinvestment plan demonstrates Gould's continued investment in the company.
• The vesting of RSUs suggests that performance metrics were met, which could be viewed positively.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in company stock. This filing indicates changes in Matthew Gould's ownership of One Liberty Properties shares.

Stakeholder Impact

• The increased ownership by a key executive could be viewed positively by shareholders, signaling confidence in the company's prospects.

Key Dates