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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,250 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Includes shares acquired through issuer's dividend reinvestment plan.
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.
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.