Form 4: One Liberty Properties Inc. Director Acquires 12,000 Shares of Restricted Stock
SEC Form 4 Filing
Jeffrey Gould, a director and Senior Vice President of One Liberty Properties Inc., acquired 12,000 shares of restricted stock on January 14, 2025, under the company's 2022 Incentive Plan.
Summary
- On January 14, 2025, Jeffrey Gould, a director and Senior Vice President of One Liberty Properties Inc. (OLP), acquired 12,000 shares of common stock.
- The shares were issued as restricted stock under the issuer's 2022 Incentive Plan.
- These shares generally vest on or about January 11, 2030, contingent upon Mr. Gould's continued relationship with the issuer.
- Following the transaction, Mr. Gould's directly held shares increased by 12,000, while his indirectly held shares decreased by 373,268.435.
- Mr. Gould also indirectly owns shares through the Gould Shenfeld Family Foundation (15,151.747 shares), Georgetown Partners LLC (144 shares), 130 Store Company (13,622 shares), and Gould Investors L.P. (2,272,600.856 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing detailing an insider transaction. The acquisition of restricted stock can be seen as a positive sign, but it's not a major event.
Positives
- The acquisition of restricted stock by a director signals confidence in the company's future performance.
Future Outlook
The vesting of the restricted stock is contingent upon Mr. Gould's continued relationship with the issuer until on or about January 11, 2030.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings of company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 01/14/2025 | Date of transaction: Jeffrey Gould acquired 12,000 shares of restricted stock. |
| 01/11/2030 | Vesting date for the restricted stock, contingent upon continued relationship with the issuer. |
| 01/16/2025 | Date of signature on the Form 4 filing. |
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