STOCK TITAN
  1. Home
  2. Sec-filings
  3. FREVS
  4. [8-K] FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. Reports Material Event

First Real Estate Investment Trust (OTC: FREVS) wins say-on-pay vote

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

First Real Estate Investment Trust of New Jersey, Inc. held its annual meeting of stockholders on August 6, 2026. Stockholders elected Robert S. Hekemian, Jr. with 4,685,462 votes for and 47,802 withheld, and David F. McBride with 4,533,303 votes for and 199,961 withheld, plus 1,894,924 broker non-votes for each.

Stockholders approved, on an advisory basis, the compensation of the Trust’s executive officers, with 4,390,728 votes for, 250,750 against and 91,786 abstentions, alongside 1,894,924 broker non-votes. They also ratified the appointment of EisnerAmper LLP as independent registered public accountants for the fiscal year ending October 31, 2026, by a vote of 6,507,037 for, 118,284 against and 2,867 abstentions.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Robert S. Hekemian, Jr. 4,685,462 votes Election as director at August 6, 2026 annual meeting
Votes for David F. McBride 4,533,303 votes Election as director at August 6, 2026 annual meeting
Votes for say-on-pay 4,390,728 votes Advisory approval of executive compensation
Votes against say-on-pay 250,750 votes Advisory approval of executive compensation
Votes for auditor ratification 6,507,037 votes Ratification of EisnerAmper LLP for fiscal year ending October 31, 2026
broker non-votes regulatory
"Broker Non-Votes 1,894,924"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory resolution regulatory
"voted to approve an advisory resolution approving the compensation"
An advisory resolution is a non-binding vote by shareholders that expresses their opinion on a specific corporate matter, such as executive pay or a governance policy. It matters to investors because, like a public survey, it signals shareholder sentiment to the board and management; even though it does not force action, a strong vote for or against can prompt changes, affect company reputation, and influence future decisions that impact shareholder value.
independent registered public accountants financial
"appointment of EisnerAmper LLP as the Trust’s independent registered public accountants"
Independent registered public accountants are external auditing firms licensed to examine a public company’s financial records and issue an objective opinion on whether the financial statements are accurate and follow accounting rules. They matter to investors because their independent check is like a neutral referee confirming the score in a game — it reduces the risk of errors or misleading information and helps investors trust the financial reports used to make decisions.
Section 14A of the Securities Exchange Act of 1934 regulatory
"pursuant to the requirements of Section 14A of the Securities Exchange Act of 1934"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →

FAQ

What did FREVS shareholders approve at the August 6, 2026 annual meeting?
FREVS shareholders elected two directors for three-year terms, approved an advisory resolution on executive compensation, and ratified EisnerAmper LLP as independent registered public accountants for the fiscal year ending October 31, 2026, based on reported vote tallies.

How many votes did FREVS director nominees receive at the 2026 annual meeting?
Robert S. Hekemian, Jr. received 4,685,462 votes for and 47,802 withheld, while David F. McBride received 4,533,303 votes for and 199,961 withheld. Each item showed 1,894,924 broker non-votes reported in the results.

Was FREVS (FREVS) executive compensation approved by shareholders in 2026?
Yes. Shareholders approved FREVS executive compensation on an advisory basis with 4,390,728 votes for, 250,750 against and 91,786 abstentions, along with 1,894,924 broker non-votes, as disclosed in the voting results for the say-on-pay proposal.

Which audit firm did FREVS shareholders ratify for fiscal 2026 and by what vote?
Shareholders ratified EisnerAmper LLP as FREVS independent registered public accountants for the fiscal year ending October 31, 2026, with 6,507,037 votes for, 118,284 against and 2,867 abstentions, and no broker non-votes reported on this item.

What were broker non-votes at the FREVS 2026 annual meeting?
Broker non-votes totaled 1,894,924 for the director elections and the advisory executive compensation vote. There were zero broker non-votes reported on the proposal to ratify EisnerAmper LLP as independent registered public accountants.
false 0000036840 0000036840 2026-08-07 2026-08-07 0000036840 us-gaap:CommonStockMember 2026-08-07 2026-08-07 0000036840 us-gaap:PreferredStockMember 2026-08-07 2026-08-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K


CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

August 6, 2026

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.

(Exact name of registrant as specified in charter)

Maryland 000-25043 22-1697095
(State or other jurisdiction of incorporation) (Commission
File Number)		 (IRS Employer
Identification No.)
 505 Main Street, Suite 400, Hackensack, New Jersey 07601
(Address of principal executive offices) (Zip Code)
       

 

Registrant’s telephone number, including area code: (201) 488-6400

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value $0.01 per share FREVS OTC Pink Limited Market
Preferred Stock Purchase Rights (1)    

 

(1)Registered pursuant to Section 12 (b) of the Act pursuant to a form 8-A filed by the registrant on August 3, 2023. Until the Distribution Date (as defined in the registrant’s Stockholder Rights Agreement dated July 31, 2023 and amended as of May 12, 2026) the Preferred Stock Purchase Rights will be transferred with and only with the shares of the registrant’s Common Stock to which the Preferred Stock Purchase Rights are attached.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

Section 5 – Corporate Governance and Management

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

The annual meeting of stockholders (the “Annual Meeting”) of First Real Estate Investment Trust of New Jersey, Inc. (the “Trust”) was held on August 6, 2026. The following matters were submitted to the stockholders of the Trust at the Annual Meeting for their approval:

 

Election of Directors:

 

The stockholders of the Trust elected Robert S. Hekemian, Jr. and David F. McBride to serve as Directors of the Trust for three-year terms, with the following votes:

 

Name Votes For Votes Withheld Abstentions Broker Non-Votes
Robert S. Hekemian, Jr. 4,685,462 47,802 -- 1,894,924
David F. McBride 4,533,303 199,961 -- 1,894,924

 

 

Advisory resolution to approve the compensation of the Trust’s executive officers:

 

The stockholders of the Trust voted to approve an advisory resolution approving the compensation of the Trust’s executive officers as disclosed in the Trust’s proxy statement for the Annual Meeting pursuant to the requirements of Section 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules promulgated thereunder. Balloting for this vote was as follows:

 

Votes For Votes Against Abstentions Broker Non-Votes
4,390,728 250,750 91,786 1,894,924

 

 

Ratification of Independent Registered Public Accountants:

 

The ratification of the Audit Committee’s appointment of EisnerAmper LLP as the Trust’s independent registered public accountants for the fiscal year ending October 31, 2026 was approved by the stockholders of the Trust, with the following votes:

 

Votes For Votes Against Abstentions Broker Non-Votes
6,507,037 118,284 2,867 0

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  FIRST REAL ESTATE INVESTMENT
TRUST OF NEW JERSEY, INC.
  (Registrant)
   
   
  By: /s/ Robert S. Hekemian, Jr.
    Robert S. Hekemian, Jr.
    President and Chief Executive Officer

 

Date: August 7, 2026

 

 

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Other Documents