Form 4: One Liberty Properties Exec. Vice President Lawrence Ricketts Acquires Shares Following RSU Vesting

Lawrence Ricketts, Exec. Vice President and COO of One Liberty Properties, acquired 5,750 shares of common stock on July 12, 2024, following the satisfaction of performance metrics related to RSUs granted in 2021.

Summary

• On July 12, 2024, Lawrence Ricketts, the Exec. Vice President and COO of One Liberty Properties Inc., acquired 5,750 shares of common stock.
• The acquisition was a result of the vesting of Restricted Stock Units (RSUs) granted in 2021.
• The performance period for these RSUs ended on June 30, 2024, and the compensation committee determined that the metrics had been satisfied on July 12, 2024.
• Following the transaction, Ricketts directly owns 193,059.863 shares of One Liberty Properties Inc.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine executive compensation event. The vesting of RSUs suggests performance targets were met, which is mildly positive.

Positives

• The vesting of RSUs indicates that performance metrics were met, which could be viewed positively by investors.

Industry Context

Executive compensation through stock and RSU grants is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by an executive could signal confidence in the company's future performance to shareholders.

Key Dates