Form 4: One Liberty Properties Director Sells Shares

Director Leor Siri sold 1,178 shares of One Liberty Properties Inc. at an average price of $28.5588.

Summary

• Leor Siri, a director at One Liberty Properties Inc., sold 1,178 shares of common stock on November 13, 2024.
• The sale was executed at a weighted average price of $28.5588 per share, with individual trades ranging from $28.49 to $28.635.
• Following the transaction, Mr. Siri directly owns 30,450 shares of One Liberty Properties Inc.
• Additionally, Mr. Siri indirectly owns 287 shares through his spouse as custodian for children under UGMA.
• The shares sold were part of a restricted stock grant issued on January 12, 2024, which generally vests on or about January 11, 2029.

Sentiment

Score: 5

Explanation: The document is a routine Form 4 filing, indicating a director's stock sale. It doesn't inherently suggest positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• The number of shares sold and the price are within the typical range for such transactions.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but it is a common occurrence.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, insider trading, stock sale, One Liberty Properties, OLP, Leor Siri, director, restricted stock