BRT Apartments Executive Shows Confidence With Fresh Stock Purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matthew J. Gould, Director and Senior Vice President of BRT Apartments Corp (BRT), reported significant insider transactions and holdings on June 28, 2025. The filing details two purchase transactions:
- June 16, 2025: Acquired 1,742 shares at $15.80 per share through Gould Investors L.P.
- June 18, 2025: Purchased additional 100 shares at $15.75 per share through Gould Investors L.P.
Gould's beneficial ownership includes multiple entities: 496,379 shares held directly, and indirect holdings through various entities including Gould Investors L.P. (3.98M shares), BRT Apartments Pension Trust (20,874 shares), and other family trusts and foundations. Many holdings include shares acquired through the company's dividend reinvestment plan. The transactions demonstrate continued insider confidence in the company's stock at price points around $15.75-15.80.
Positive
- Insider purchase: Senior VP and Director Matthew J. Gould acquired a total of 1,842 shares through two open market purchases at $15.75-$15.80 per share, demonstrating confidence in the company
Negative
- None.
Insider Trade Summary
Net Buyer: 1,842 shares ($29,099)
Net Buy
7 txns
Insider
GOULD MATTHEW J
Role
SENIOR VICE PRESIDENT
Bought
1,842 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100 | $15.75 | $2K |
| Purchase | Common Stock | 1,742 | $15.80 | $28K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,981,011.95 shares (Indirect, By Gould Investors L.P.);
Common Stock — 496,379.498 shares (Direct)
Footnotes (1)
- Reporting person is a trustee of the Gould Family Trust, which owns these shares. Includes shares acquired through issuer's dividend investment plan. Reporting person is a trustee of the Gould Shenfeld Family Foundation. Includes shares acquired through issuer's dividend investment plan. Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares. Reporting person is a manager of 130 Store Company LLC. Reporting person disclaims a beneficial ownership of these securities to the extent he does not have a pecuniary interest therein. Includes shares acquired through issuer's dividend reinvestment plan. Reporting person is an officer of the managing general partner of Gould Investors L.P. These shares represent all shares of the issuer owned by Gould Investors L.P., including shares in which the reporting person does not have a pecuniary interest. Includes shares obtained through issuer's dividend reinvestment plan.
FAQ
What positions does Matthew Gould hold at BRT Apartments Corp?
According to the Form 4 filing, Matthew Gould serves as both a Director and Senior Vice President at BRT Apartments Corp.
What is the largest indirect ownership position Matthew Gould has in BRT?
Matthew Gould's largest indirect ownership position is through Gould Investors L.P., which holds 3,981,011.9496 shares after the reported transactions. As an officer of the managing general partner of Gould Investors L.P., he has indirect beneficial ownership of these shares.