Alexanders Inc (ALX) CEO Steven Roth granted 505 deferred stock units as equity award
Rhea-AI Filing Summary
ROTH STEVEN reported acquisition or exercise transactions in this Form 4 filing.
Alexanders Inc director and CEO Steven Roth received a grant of 505 Deferred Stock Units. These units were awarded on May 21, 2026 and entitle him to 505 shares of common stock without paying any purchase price. The units vest immediately, but the underlying common shares will only be delivered after he is no longer serving on the company’s Board of Directors.
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Insights
Roth received 505 deferred stock units as routine equity compensation.
Steven Roth, Chairman and CEO of Alexanders Inc, was granted 505 Deferred Stock Units on May 21, 2026. Each unit corresponds to one share of common stock and requires no cash payment, indicating a compensation-related equity award.
The units vest immediately, but common shares will not be delivered until Roth is no longer on the Board of Directors. This defers actual share delivery and potential sale, aligning part of his compensation with longer-term service and company performance without signaling any open-market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 505 | $0.00 | -- |
Footnotes (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.