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ALEXANDERS INC (ALX) director Mandakini Puri receives 505 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Puri Mandakini reported acquisition or exercise transactions in this Form 4 filing.

ALEXANDERS INC director Mandakini Puri received a grant of 505 Deferred Stock Units on May 21, 2026. These units are a form of equity compensation that entitle her to 505 shares of common stock without paying any purchase price. The Deferred Stock Units vest immediately, but the underlying common shares will only be delivered after she is no longer serving on the company’s Board of Directors. Following this grant, she directly holds 505 Deferred Stock Units linked to an equal number of common shares.

Positive

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Insider Puri Mandakini
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 505 $0.00 --
Holdings After Transaction: Deferred Stock Units — 505 shares (Direct, null)
Footnotes (1)
  1. On May 21, 2026, the reporting person received a grant of Deferred Stock Units of Alexander's, Inc. (the "Company"). The Deferred Stock Units entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration. These Deferred Stock Units vest immediately but the Common Stock underlying the Deferred Stock Units is not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors.
Deferred Stock Units granted 505 units Grant to director on May 21, 2026
Underlying common shares 505 shares Each Deferred Stock Unit equals one common share
Total Deferred Stock Units after grant 505 units Director’s direct holdings following this transaction
Exercise price $0.0000 per unit No consideration payable for Deferred Stock Units
Transaction code A Grant, award, or other acquisition of derivative security
Deferred Stock Units financial
"the reporting person received a grant of Deferred Stock Units of Alexander's, Inc."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Common Stock financial
"entitle the reporting person to an equivalent number of shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest immediately financial
"These Deferred Stock Units vest immediately but the Common Stock underlying"
Board of Directors financial
"not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Grant, award, or other acquisition financial
"transaction code description shows Grant, award, or other acquisition"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Puri Mandakini
(Last)(First)(Middle)
C/O VORNADO REALTY TRUST
888 SEVENTH AVENUE
(Street)
NEW YORK NEW YORK 10019
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ALEXANDERS INC [ ALX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)(1)05/21/2026A505 (2) (2)Common Stock505(1)505D
Explanation of Responses:
1. On May 21, 2026, the reporting person received a grant of Deferred Stock Units of Alexander's, Inc. (the "Company"). The Deferred Stock Units entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.
2. These Deferred Stock Units vest immediately but the Common Stock underlying the Deferred Stock Units is not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors.
/s/ Ryan Saum, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ALEXANDERS INC (ALX) director Mandakini Puri report in this Form 4?

Director Mandakini Puri reported receiving a grant of 505 Deferred Stock Units of ALEXANDERS INC. Each unit is tied to one share of common stock and represents equity-based board compensation rather than an open-market stock purchase.

How many Deferred Stock Units did Mandakini Puri receive from ALEXANDERS INC (ALX)?

Mandakini Puri received 505 Deferred Stock Units. Each Deferred Stock Unit corresponds to one share of ALEXANDERS INC common stock, giving her the right to 505 shares as part of her director compensation package.

When do the Deferred Stock Units granted to Mandakini Puri at ALEXANDERS INC (ALX) vest and settle?

The Deferred Stock Units vest immediately on the grant date. However, the underlying common stock is not deliverable until Mandakini Puri is no longer serving as a member of ALEXANDERS INC’s Board of Directors, deferring actual share delivery.

Did Mandakini Puri pay anything for the ALEXANDERS INC (ALX) Deferred Stock Units?

No cash payment was required for these Deferred Stock Units. The filing states that the units entitle her to an equivalent number of common shares of ALEXANDERS INC without the payment of any consideration, reflecting standard non-cash director compensation.

Is this ALEXANDERS INC (ALX) Form 4 a stock purchase or a compensation grant?

This Form 4 reflects a compensation grant, not an open-market stock purchase. The transaction is coded as a grant or award acquisition of 505 Deferred Stock Units, issued as part of Mandakini Puri’s service on the Board of Directors.

How many ALEXANDERS INC (ALX) Deferred Stock Units does Mandakini Puri hold after this transaction?

After this transaction, Mandakini Puri directly holds 505 Deferred Stock Units. These units are linked to 505 shares of ALEXANDERS INC common stock, which will be delivered once she is no longer serving on the Board.