BRT director receives 4,250 restricted shares
BRT Apartments Corp. director Louis C. Grassi reported receiving 4,250 shares of BRT common stock as a stock award.
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Rhea-AI Filing Summary
BRT Apartments Corp. director Louis C. Grassi reported receiving 4,250 shares of BRT common stock as a stock award. The shares were issued on January 9, 2026 as restricted stock under the company’s 2024 Incentive Plan at a price of $0 per share.
According to the disclosure, these restricted shares generally vest on or about January 8, 2031, as long as Grassi maintains his relationship with the company. After this grant, he directly beneficially owns 85,226.439 BRT shares, which includes shares accumulated through the company’s dividend reinvestment plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,250 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares were issued as restricted stock on January 9, 2026 under the issuer's 2024 Incentive Plan. Generally, subject to the reporting person's continued relationship with the issuer, the shares vest on or about January 8, 2031.
- F2. Includes shares acquired through issuer's dividend reinvestment plan.
FAQ
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What insider transaction did BRT (BRT) report for Louis C. Grassi?
Is this BRT (BRT) Form 4 transaction a purchase or an award?
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