Form 4: One Liberty Properties Inc. Director Jeffrey Gould Sells Shares

Jeffrey Gould, a Director and Senior Vice President of One Liberty Properties Inc., sold 18,000 shares of common stock in two transactions on July 2nd and 3rd, 2024.

Summary

• Jeffrey Gould, a Director and Senior Vice President of One Liberty Properties Inc. (OLP), filed a Form 4 detailing changes in beneficial ownership.
• On July 2, 2024, Gould sold 9,000 shares of OLP common stock at a weighted average price of $23.0159 per share.
• The next day, July 3, 2024, Gould sold another 9,000 shares at a weighted average price of $23.1957 per share.
• Following these transactions, Gould directly owns 378,813.367 shares.
• Gould also indirectly owns shares through various entities, including 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: 4

Explanation: The sentiment is neutral to slightly negative. While insider sales are not always indicative of negative prospects, they can create uncertainty among investors.

Negatives

• A director selling shares could be perceived negatively by investors.

Risks

• Further sales by the director could put downward pressure on the stock price.

Industry Context

Insider sales are common and can be for various reasons, including diversification or personal financial planning. However, significant insider selling can sometimes raise concerns among investors.

Stakeholder Impact

• Shareholders may react to the insider selling activity.
• The sales could influence investor confidence.

Key Dates