BRT Apartments (BRT) CAO receives 5,500 restricted shares grant
Rhea-AI Filing Summary
BRT Apartments Corp. reported that Chief Accounting Officer Matthew Gibbons received 5,500 shares of common stock as a restricted stock award on January 9, 2026. The shares were granted at a price of $0 under the company’s 2024 Incentive Plan.
Following this grant, Gibbons beneficially owns 5,500 shares directly. The restricted stock generally vests on or about January 8, 2031, as long as his relationship with the company continues through that date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did BRT (BRT) disclose in this Form 4?
BRT Apartments Corp. disclosed that Chief Accounting Officer Matthew Gibbons received 5,500 shares of common stock as a restricted stock award on January 9, 2026.
At what price were the BRT restricted shares granted to the officer?
The 5,500 restricted shares of BRT Apartments Corp. common stock were granted to the Chief Accounting Officer at a price of $0 per share.
How many BRT shares does the reporting person own after this transaction?
After the restricted stock grant, Chief Accounting Officer Matthew Gibbons beneficially owns 5,500 shares of BRT Apartments Corp. common stock directly.
When do the restricted BRT shares granted on January 9, 2026 vest?
The 5,500 restricted shares granted on January 9, 2026 generally vest on or about January 8, 2031, subject to the reporting person’s continued relationship with BRT Apartments Corp.
Under what plan were the BRT restricted shares granted to the officer?
The restricted stock award of 5,500 shares to the Chief Accounting Officer was granted under BRT Apartments Corp.’s 2024 Incentive Plan.
Is the BRT insider’s ownership reported as direct or indirect?
The 5,500 shares of BRT Apartments Corp. common stock are reported as direct beneficial ownership by the Chief Accounting Officer.