BRT (BRT) Initial Form 3 Shows No Beneficial Ownership by Officer
Rhea-AI Filing Summary
BRT Apartments Corp. (BRT) Form 3 filed by Matthew Gibbons discloses that Matthew Gibbons, identified as a Director and Chief Accounting Officer, submitted an Initial Statement of Beneficial Ownership related to an event dated 09/11/2025. The filing, signed on 09/25/2025, states explicitly that no securities are beneficially owned by the reporting person. The form indicates it was filed by one reporting person and provides the reporting person’s New York mailing address as listed on the form.
Positive
- Disclosure provided for an officer/director role (Chief Accounting Officer and Director) confirming compliance with Section 16 filing requirements.
- Explicit statement that no securities are beneficially owned, removing ambiguity about reportable holdings on initial report.
- Form includes signature and dates (event date 09/11/2025; signed 09/25/2025), showing completion of required filing fields.
Negative
- None.
Insights
TL;DR: Form 3 shows an officer/director reports no beneficial ownership of BRT shares.
The filing is an initial Section 16 disclosure for Matthew Gibbons, listing his role as Chief Accounting Officer and Director and showing an event date of 09/11/2025 with a signature date of 09/25/2025. The material point is the explicit statement that no securities are beneficially owned, which means there are no reportable holdings or securities-based obligations disclosed on this Form 3. For investors and compliance teams, this is a straightforward, neutral compliance filing rather than an economic signal.
TL;DR: The Form 3 is a routine governance disclosure confirming the officer/director has no reportable equity position.
The document fulfills an initial reporting requirement under Section 16 by identifying the reporting person, relationship to the issuer, and stating that no securities are beneficially owned. It confirms single-person filing and includes a manual signature. This is a procedural disclosure with no indicated conflicts, holdings, or related-party securities to assess for governance impact.