Form 4: One Liberty Properties Inc. Executive Acquires 7,500 Shares of Restricted Stock

David Kalish, Senior VP of Finance at One Liberty Properties Inc., reports the acquisition of 7,500 shares of restricted stock on January 14, 2025, along with adjustments to existing holdings.

Summary

• On January 14, 2025, David Kalish, Senior VP of Finance at One Liberty Properties Inc., acquired 7,500 shares of common stock as restricted stock under the company's 2022 Incentive Plan.
• These shares vest on or about January 11, 2030, contingent upon Kalish's continued relationship with the issuer.
• Kalish's direct holdings of common stock increased to 238,124.6306 shares, inclusive of shares acquired through the dividend reinvestment plan.
• Kalish also has indirect ownership through various pension trusts, including Gould Investors L.P. Pension Trust (19,438 shares), REIT Mgt. Corp. pension and profit sharing trusts (155,033 shares), BRT Apartments Corp. Pension Trust (4,169 shares), and shares held by his spouse (1,276.986 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock ownership changes, with no inherently positive or negative implications.

Positives

• The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
• Continued participation in the dividend reinvestment plan demonstrates confidence in the company's future.

Future Outlook

The vesting of the restricted stock is contingent upon the reporting person's continued relationship with the issuer, suggesting a commitment to the company's future.

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 executives and their alignment with shareholder interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and ownership.

Key Dates