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Alexander's (NYSE: ALX) awards director 505 deferred stock units

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

Rhea-AI Filing Summary

DIBENEDETTO THOMAS R reported acquisition or exercise transactions in this Form 4 filing.

Alexander's Inc director Thomas R. DiBenedetto received a grant of 505 Deferred Stock Units on May 21, 2026. Each unit entitles him to one share of common stock without paying any price. The units vest immediately, but the common shares will be delivered only after he leaves the board. Following this grant, he holds 505 Deferred Stock Units directly.

Positive

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Negative

  • None.
Insider DIBENEDETTO THOMAS R
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
Grant price per unit $0.00 No consideration required for units
Units held after transaction 505 units Total Deferred Stock Units following grant
Underlying common shares 505 shares One common share per Deferred Stock Unit
Deferred Stock Units financial
"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
"equivalent number of shares of Common Stock of the Company"
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.
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.
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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*
DIBENEDETTO THOMAS R
(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 insider transaction did ALEXANDERS INC (ALX) report for Thomas R. DiBenedetto?

ALEXANDERS INC reported that director Thomas R. DiBenedetto received 505 Deferred Stock Units as an equity award. These units convert into an equal number of common shares, representing routine director compensation rather than an open-market stock purchase or sale.

How many Deferred Stock Units were granted to the ALX director in this Form 4?

The director was granted 505 Deferred Stock Units of Alexander’s Inc. Each unit corresponds to one share of common stock, so the grant represents 505 underlying shares, all recorded as directly owned after this compensatory award.

Does the ALX director pay anything for the 505 Deferred Stock Units?

The director pays no cash for these 505 Deferred Stock Units. The footnotes state the units entitle him to an equivalent number of common shares without payment of any consideration, confirming this is a non-cash equity compensation grant.

When do the Deferred Stock Units for ALX’s director vest and settle?

The Deferred Stock Units vest immediately upon grant. However, the underlying common stock is not delivered until the director is no longer serving on Alexander’s Inc’s Board of Directors, deferring actual share delivery until his board service ends.

How many Deferred Stock Units does the ALX director hold after this transaction?

After this grant, the director holds 505 Deferred Stock Units. The Form 4 reports total derivative holdings following the transaction of 505 units, all tied to an equivalent number of Alexander’s Inc common shares to be delivered in the future.