Form 4: One Liberty Properties Inc: Sr. VP Richard Figueroa Reports Acquisition of 1,625 Shares

Richard Figueroa, Sr. VP and Assistant Secretary of One Liberty Properties Inc, reports acquiring 1,625 shares of common stock on August 6, 2024, as a result of satisfied performance metrics related to RSUs granted in 2021.

Summary

• Richard Figueroa, a Senior VP and Assistant Secretary at One Liberty Properties Inc (OLP), filed a Form 4 on August 8, 2024.
• The report details a transaction on August 6, 2024, where Mr. Figueroa acquired 1,625 shares of OLP common stock.
• This acquisition was related to the vesting of Restricted Stock Units (RSUs) granted in 2021, with the performance period ending on June 30, 2024.
• The compensation committee determined that the metrics associated with these RSUs had been met.
• Following this transaction, Mr. Figueroa's total direct holdings in OLP common stock increased to 72,403 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of an insider transaction related to compensation.

Positives

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

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.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it's a routine insider transaction.

Key Dates