Bluerock Homes Trust president adds 507,057 OP Units
Bluerock Homes Trust, Inc. reported indirect insider purchases of Operating Partnership units linked to its Class A common stock.
Rhea-AI Filing Summary
Bluerock Homes Trust, Inc. reported indirect insider purchases of Operating Partnership units linked to its Class A common stock. A trust associated with President Ruddy Jordan B. bought 265,000 OP Units on April 3, 2023, 18,772 OP Units on June 16, 2023, and 96,618 OP Units on October 12, 2023, increasing its holdings to 507,057 OP Units.
The OP Units are in Bluerock Residential Holdings, LP, where Bluerock Homes Trust is general partner. After a one‑year holding period, each OP Unit may be redeemed for cash or, at the issuer’s option, for one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | OP Units | 96,618 | $0.00 | $0.00 |
| Purchase | OP Units | 18,772 | $0.00 | $0.00 |
| Purchase | OP Units | 265,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents common units ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which Bluerock Homes Trust, Inc. (the "Issuer") is the general partner. After a one year holding period (including any period during which the OP Units were held), OP Units may be redeemed for cash or, at the option of the Issuer, for shares of the Issuer's Class A Common Stock, on a one-for-one basis.
- F2. These OP Units are owned by a trust of which the Reporting Person is a beneficiary.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions does Bluerock Homes Trust (BHM) report in this Form 4?
Who is the reporting person in Bluerock Homes Trust (BHM) Form 4?
What are OP Units in the Bluerock Homes Trust (BHM) Form 4 filing?
Are the Bluerock Homes Trust (BHM) OP Unit holdings direct or indirect for the reporting person?
How can the OP Units in Bluerock Homes Trust (BHM) Form 4 convert into common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.