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Director at Alexanders (NYSE: ALX) granted 505 deferred stock units

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

Rhea-AI Filing Summary

SONNENBLICK ARTHUR reported acquisition or exercise transactions in this Form 4 filing.

Alexanders Inc director Arthur Sonnenblick received an equity award in the form of Deferred Stock Units. On May 21, 2026, he was granted 505 Deferred Stock Units, each representing one share of Alexanders common stock, without any cash payment. The units vest immediately, but the corresponding common shares will only be delivered after he is no longer serving on the company’s Board of Directors. Following this grant, his reported holdings in these Deferred Stock Units total 505 units, reflecting routine, compensation-related equity rather than any open-market trading.

Positive

  • None.

Negative

  • None.
Insider SONNENBLICK ARTHUR
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
Grant price per unit $0.00 per unit No consideration required for the Deferred Stock Units
Deferred Stock Units after grant 505 units Total reported holdings in these units following the transaction
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.
vest immediately financial
"These Deferred Stock Units vest immediately but the Common Stock"
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.
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*
SONNENBLICK ARTHUR
(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 Arthur Sonnenblick?

Alexanders Inc reported that director Arthur Sonnenblick received 505 Deferred Stock Units as an equity grant. Each unit represents one share of common stock and required no cash payment, reflecting routine, compensation-related acquisition rather than open-market buying or selling activity.

How many Deferred Stock Units did the Alexanders Inc (ALX) director receive?

Arthur Sonnenblick received 505 Deferred Stock Units from Alexanders Inc. These units entitle him to 505 shares of the company’s common stock, subject to delivery conditions, and increased his reported Deferred Stock Unit holdings to 505 units following this compensation-related grant.

When did the Deferred Stock Unit grant to the Alexanders Inc (ALX) director occur?

The Deferred Stock Unit grant to director Arthur Sonnenblick occurred on May 21, 2026. On that date, he was awarded 505 units that vest immediately, with the underlying common shares deliverable only after he stops serving on the company’s Board of Directors.

Do the Alexanders Inc (ALX) Deferred Stock Units require any payment by the director?

The Deferred Stock Units granted to Arthur Sonnenblick do not require any payment by him. The filing states the units entitle him to an equivalent number of common shares without the payment of any consideration, confirming this is a non-cash, compensation-based equity award.

When will the common stock underlying the Alexanders Inc (ALX) Deferred Stock Units be delivered?

The common stock underlying Arthur Sonnenblick’s Deferred Stock Units will be delivered only after he is no longer on the Alexanders Inc Board of Directors. Although the units vest immediately, this delivery condition delays receipt of the actual common shares until his board service ends.

Are the Alexanders Inc (ALX) Deferred Stock Units granted to the director fully vested?

Yes, the Deferred Stock Units granted to director Arthur Sonnenblick vest immediately. However, despite immediate vesting, the common stock they represent will not be delivered until he ceases to serve as a member of Alexanders Inc’s Board of Directors, according to the filing footnotes.