BRT Apartments (NYSE: BRT) director granted 4,250 restricted shares vesting 2031
Rhea-AI Filing Summary
BRT Apartments Corp. director Gary Hurand reported a grant of 4,250 shares of common stock on January 9, 2026. The shares were issued as restricted stock under the company’s 2024 Incentive Plan at a price of $0 per share.
These restricted shares generally vest on or about January 8, 2031, as long as Hurand maintains his relationship with the company. After this grant, he directly holds 169,382.3359 common shares, which includes shares obtained through BRT’s dividend reinvestment plan. In addition, there are indirect holdings reported through A&G LLC and trusts, with the filing noting that Hurand disclaims any beneficial interest in certain trust-held shares.
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FAQ
What insider transaction did BRT (BRT) director Gary Hurand report?
Director Gary Hurand reported receiving 4,250 shares of BRT Apartments Corp. common stock on January 9, 2026. The shares were issued as restricted stock under the company’s 2024 Incentive Plan at a price of $0 per share.
When do Gary Hurand’s newly granted BRT (BRT) restricted shares vest?
The filing states that the 4,250 restricted shares generally vest on or about January 8, 2031, subject to Hurand’s continued relationship with BRT Apartments Corp.
How many BRT (BRT) shares does Gary Hurand directly own after this transaction?
After the reported grant, Gary Hurand directly owns 169,382.3359 shares of BRT Apartments Corp. common stock. This figure includes shares obtained through the issuer’s dividend reinvestment plan.
What indirect BRT (BRT) holdings related to Gary Hurand are reported?
The Form 4 reports indirect holdings of BRT common stock, including 5,621.8045 shares held by A&G LLC and 276,403.4645 shares held by Hurand’s spouse as trustee of a trust, as well as 5,621.8045 shares where he is trustee.
Does Gary Hurand claim beneficial ownership of all indirectly held BRT (BRT) shares?
No. The filing notes that the reporting person disclaims any beneficial interest in certain shares held in trust, even though those holdings are reported as indirect ownership.
Under which plan were Gary Hurand’s new BRT (BRT) restricted shares issued?
The 4,250 restricted shares of BRT Apartments Corp. common stock were issued under the company’s 2024 Incentive Plan, as disclosed in the footnotes.