BRT insider Form 4 shows gifts and custodial holdings by VP/Treasurer

Rhea-AI Filing Summary

Isaac Kalish, Vice President and Treasurer of BRT Apartments Corp. (BRT), filed a Form 4 reporting changes in his indirect and custodial holdings. The filing shows multiple entries tied to trustee roles and custodial accounts, including shares held by Gould Investors L.P. Pension Trust, REIT Management Corp. pension and 401(k) trusts, and the BRT Apartments Corp. Pension Trust. Transactions dated 10/09/2024 include acquisitions reported with a price of $0 (noted as code G gifts) and dispositions reflected for custodial UGMA accounts. The filer disclaims beneficial interest in shares held for minors and notes certain entries represent a gift and receipt between the reporting person’s children. The Form is signed by Isaac Kalish on 09/25/2025.

Insights

Financial Analyst

TL;DR: Insider reported trustee and custodial transfers and gifts; no cash purchases reported.

The Form 4 shows Isaac Kalish acting in trustee and custodial capacities, with transactions on 10/09/2024 labeled with transaction code G (gift) and $0 price entries, and various holdings held indirectly by pension and profit sharing trusts. Several share blocks are held as custodian for minors under UGMA and the filer explicitly disclaims beneficial interest in those custodial shares. From an investor perspective, these are internal transfers and custodial movements rather than open-market sales or purchases by the officer personally.

Corporate Governance Expert

TL;DR: Reporting demonstrates compliance with Section 16 disclosure for trustee and custodial changes.

The filing identifies the reporting person’s officer role and lists the relationship to the issuer while documenting indirect ownership through multiple trusts and custodial arrangements. The Form includes explanatory notes clarifying trustee status and disclaimers of beneficial ownership for minor-held shares, and it contains a manual signature. These elements align with standard disclosure practices for insiders managing trust and custodial holdings.

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

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

1. Name and Address of Reporting Person^*

Kalish Isaac

(Last) (First) (Middle)

60 CUTTER MILL ROAD

SUITE 303

(Street)

GREAT NECK NY 11021

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	VP and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
10/09/2024

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								41,194(1)	I	By Gould Investors L.P. pension trust
Common Stock								250,566(2)	I	By REIT Mgt. Corp. pension and profit sharing trusts
Common Stock								20,874(3)	I	By BRT Apartments Corp. Pension Trust
Common Stock	10/09/2024		G		144.908(7)	A	$0	291.812(4)	I	As custodian for child pursuant to UGMA
Common Stock								141,497.491(4)(5)	D
Common Stock	10/09/2024		G		144.908(7)	D	$0	150.643(4)(6)	I	By daughter
Common Stock	09/04/2025		G		144.908(7)	D	$0	151.453(4)(5)	I	As custodian for child pursuant to UGMA

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. Reporting person is a trustee of Gould Investors L.P. Pension Trust.

2. Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown.

3. Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares.

4. Includes shares acquired through issuer's dividend reinvestment plan.

5. Reporting person is custodian of these shares for a minor. Reporting person disclaims any benefiical interest in these shares.

6. These shares are owned by a child of the reporting person who resides with reporting person. Reporting person disclaims any beneficial interest in these shares.

7. These transaction represent the gift and the receipt of the gift by and between the children of the reporting person.

Remarks:

	/s/ Isaac Kalish	09/25/2025
	** 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

What transactions did Isaac Kalish report on the BRT Form 4?

The Form 4 reports transactions dated 10/09/2024 involving gifts (transaction code G) with entries showing a $0 price and movements among trustee and custodial accounts.

What roles does the reporting person hold at BRT Apartments Corp.?

The reporting person, Isaac Kalish, is listed as Vice President and Treasurer and also reported holdings as a trustee for several pension and trust accounts.

Are any shares held for minors according to the filing?

Yes. The filing notes shares held as custodian for a minor pursuant to UGMA and states the reporting person disclaims beneficial interest in those shares.

Does the Form 4 show any purchases on the open market?

No open-market purchases are shown. The reported entries with $0 price are recorded as gifts (code G) and some holdings are via dividend reinvestment plans as noted.

When was the Form 4 signed by the reporting person?

The Form 4 bears the signature of Isaac Kalish dated 09/25/2025.