Insider Purchase: Gould Investors Adds 7,946 BRT Shares at ~$14.95

Rhea-AI Filing Summary

BRT Apartments Corp. reporting person Gould Investors L.P., identified as a director, made two small purchases of the issuer's common stock on 08/11/2025 and 08/12/2025. The reporting entries show acquisitions of 4,478 shares on 08/11/2025 at a weighted-average price of $14.9396 and 3,468 shares on 08/12/2025 at a weighted-average price of $14.9637, executed in multiple trades within the disclosed price ranges. Following these transactions the filing reports 4,040,400.3592 shares beneficially owned in a direct capacity, and notes that the beneficial ownership total includes shares acquired through the issuer's dividend reinvestment plan.

Positive

• Director increased direct holdings by 7,946 shares via purchases on 08/11/2025 and 08/12/2025, signaling continued ownership alignment.
• Transparent pricing disclosure: weighted-average prices and execution price ranges are provided for both transactions.

Negative

• None.

Insights

Securities Analyst

TL;DR Director purchases were modest additions to an already large direct stake; disclosure is routine and shows limited market impact.

The filing documents two small purchases totaling 7,946 common shares executed over 08/11–08/12/2025 at weighted-average prices of $14.9396 and $14.9637. The reporting person now beneficially owns 4,040,400.3592 shares directly. From a market-materiality perspective these incremental purchases are immaterial relative to the size of the position and do not indicate a material change to the ownership profile or valuation drivers. Disclosure includes price ranges and weighted averages, which supports transparency.

Corporate Governance Expert

TL;DR Filing appears procedurally complete and shows direct insider purchases; the transactions are compliance-level disclosures, not material governance events.

The Form 4 reports acquisitions by Gould Investors L.P., a director-level reporting person, with explanatory footnotes stating multiple-trade execution and inclusion of dividend reinvestment plan shares in the beneficial ownership total. There are no derivative transactions, no dispositions, and the ownership is reported as direct. This is a routine insider activity disclosure rather than a governance change or leadership movement.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GOULD INVESTORS L P

(Last) (First) (Middle)

60 CUTTER MILL RD

STE 303

(Street)

GREAT NECK NY 11021-3190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BRT Apartments Corp. [ BRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/11/2025		P		4,478	A	$14.9396(2)	4,036,932.3592(1)	D
Common Stock	08/12/2025		P		3,468	A	$14.9637(3)	4,040,400.3592(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes shares acquired though issuer's dividend reinvestment plan.

2. This transaction was executed in multiple trades at prices ranging from $14.86 to $14.9396. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. This transaction was executed in multiple trades at prices ranging from $14.895 to $14.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	Gould Investors L.P. by Georgetown Partners LLC, by Mark Lundy, President	08/13/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for BRT (BRT)?

The Form 4 was filed by Gould Investors L.P., identified in the filing as a reporting person and a director of BRT Apartments Corp.

What transactions were reported on this Form 4 for BRT (BRT)?

Two purchases of common stock were reported: 4,478 shares on 08/11/2025 and 3,468 shares on 08/12/2025, totaling 7,946 shares acquired.

At what prices were the BRT shares acquired?

The filing reports weighted-average prices of $14.9396 for the 08/11/2025 trades and $14.9637 for the 08/12/2025 trades, with disclosed execution ranges for each series of trades.

How many BRT shares does Gould Investors beneficially own after these transactions?

The filing reports 4,040,400.3592 shares beneficially owned following the reported transactions, held in a direct capacity.

Does the filing indicate the purchases came from a dividend reinvestment plan?

A filing footnote states that the beneficial ownership total includes shares acquired through the issuer's dividend reinvestment plan.