BRT Apartments Corp. (BRT) director awarded 4,250 restricted shares
Rhea-AI Filing Summary
BRT Apartments Corp. director Elie Weiss reported an equity award of company stock. On January 9, 2026, he received 4,250 shares of common stock as restricted stock under the company’s 2024 Incentive Plan at a price of $0 per share, reflecting stock-based compensation rather than a market purchase. These shares generally vest on or about January 8, 2031, contingent on his continued relationship with the company.
Following this grant, Weiss beneficially owns 104,556.216 shares of BRT Apartments common stock directly, and an additional 271 shares indirectly through his spouse. The indirect holdings include shares acquired through the company’s dividend reinvestment plan.
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FAQ
What insider transaction did BRT (BRT) report for Elie Weiss?
BRT Apartments Corp. reported that director Elie Weiss received an award of 4,250 shares of common stock on January 9, 2026 as restricted stock under the company’s 2024 Incentive Plan.
Was cash paid for the 4,250 BRT Apartments (BRT) shares reported?
No cash changed hands for this award. The 4,250 restricted shares were reported at a price of $0 per share, indicating they were granted as equity compensation rather than purchased on the open market.
When do Elie Weiss’s restricted BRT (BRT) shares vest?
The filing states that, generally, subject to his continued relationship with the company, the 4,250 restricted shares vest on or about January 8, 2031.
How many BRT Apartments (BRT) shares does Elie Weiss own after this Form 4?
After the reported transaction, Elie Weiss beneficially owns 104,556.216 shares of BRT Apartments common stock directly and 271 shares indirectly through his spouse.
What is the nature of the indirect BRT (BRT) ownership reported for Elie Weiss?
The Form 4 shows 271 shares of BRT Apartments common stock held indirectly by his spouse. A footnote explains that these indirect holdings include shares acquired through the company’s dividend reinvestment plan.
What is the role of Elie Weiss at BRT Apartments Corp. (BRT)?
The filing identifies Elie Weiss as a director of BRT Apartments Corp. and indicates the Form 4 is filed by one reporting person.