Restricted stock grant to BRT Apartments (NYSE: BRT) director Grassi
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRT Apartments Corp. director Louis C. Grassi reported receiving 4,250 shares of BRT common stock as a stock award. The shares were issued on January 9, 2026 as restricted stock under the company’s 2024 Incentive Plan at a price of $0 per share.
According to the disclosure, these restricted shares generally vest on or about January 8, 2031, as long as Grassi maintains his relationship with the company. After this grant, he directly beneficially owns 85,226.439 BRT shares, which includes shares accumulated through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRASSI LOUIS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 85,226.439 shares (Direct)
Footnotes (1)
- These shares were issued as restricted stock on January 9, 2026 under the issuer's 2024 Incentive Plan. Generally, subject to the reporting person's continued relationship with the issuer, the shares vest on or about January 8, 2031. Includes shares acquired through issuer's dividend reinvestment plan.
FAQ
What insider transaction did BRT (BRT) report for Louis C. Grassi?
Louis C. Grassi, a director of BRT Apartments Corp., received 4,250 shares of BRT common stock as a restricted stock award on January 9, 2026 at a price of $0 per share.
Is this BRT (BRT) Form 4 transaction a purchase or an award?
The transaction is coded as “A” (acquired) and described as restricted stock granted under the 2024 Incentive Plan at $0 per share, indicating it is an equity award, not an open-market purchase.