423-share sale at $267 by director-linked holder in Alexanders (ALX)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALEXANDERS INC reported an insider-related open-market sale involving indirectly held shares. An entity associated with director and 10% owner Russell B. Wight Jr., identified as shares "Held by Child," sold 423 shares of common stock at $267 per share on June 9, 2026.
After this transaction, 900 shares of common stock remained indirectly held. The reporting person expressly disclaims beneficial ownership of these securities, meaning the filing does not assert that he is the beneficial owner for Section 16 or any other purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 423 shares ($112,941)
Net Sell
1 txn
Insider
WIGHT RUSSELL B JR
Role
null
Sold
423 shs ($113K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 423 | $267.00 | $113K |
Holdings After Transaction:
Common Stock — 900 shares (Indirect, Held by Child)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 423 shares
Sale price: $267 per share
Indirect holdings after sale: 900 shares
3 metrics
Shares sold
423 shares
Open-market sale of common stock on June 9, 2026
Sale price
$267 per share
Price for the 423-share open-market sale
Indirect holdings after sale
900 shares
Common stock remaining indirectly held as “Held by Child”
Key Terms
open-market sale, indirect ownership, beneficial ownership, Section 16
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "Held by Child""
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these securities for the purpose of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did ALEXANDERS INC (ALX) disclose in this Form 4?
ALEXANDERS INC disclosed an open-market sale of 423 shares of common stock at $267 per share. The shares were indirectly held as “Held by Child,” linked to director and 10% owner Russell B. Wight Jr., with 900 shares remaining indirectly held afterward.
Who is the reporting person in the ALEXANDERS INC (ALX) Form 4 filing?
The reporting person is Russell B. Wight Jr., a director and 10% owner of ALEXANDERS INC. The reported shares are indirectly held, described as “Held by Child,” and he disclaims beneficial ownership of these securities for Section 16 and any other purpose.
What are the remaining indirect holdings after the ALEXANDERS INC (ALX) sale?
After the 423-share sale, 900 shares of ALEXANDERS INC common stock remained indirectly held. The nature of ownership is reported as “Held by Child,” and the reporting person disclaims beneficial ownership of these remaining securities under Section 16 and otherwise.
How is beneficial ownership described in this ALEXANDERS INC (ALX) Form 4?
The filing states that the reporting person disclaims beneficial ownership of the indirectly held shares. It clarifies that this Form 4 should not be considered an admission that he is the beneficial owner under Section 16 or for any other legal or regulatory purpose.