FREIT CEO granted 1,584 shares of common stock

Hekemian Robert S Jr reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Hekemian Robert S Jr reported acquisition or exercise transactions in this Form 4 filing.

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported that Chief Executive Officer Robert S. Hekemian Jr received an award of 1,584 shares of common stock on March 12, 2026. The grant was made at a price of $0.00 per share under FREIT's Equity Incentive Plan of 1998, approved by the Board of Directors following a recommendation from the Compensation Committee.

After this award, Hekemian directly holds 220,973 common shares, with additional indirect holdings reported through various trusts, partnerships and his spouse, for many of which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Grant/Award: 1,584 shares

Grant/Award 6 txns

Insider Hekemian Robert S Jr

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	1,584	$0.00	$0.00
holding	Common Stock, par value $0.01 per share	--	--	--
holding	Common Stock, par value $0.01 per share	--	--	--
holding	Common Stock, par value $0.01 per share	--	--	--
holding	Common Stock, par value $0.01 per share	--	--	--
holding	Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 220,973 shares (Direct); Common Stock, par value $0.01 per share — 25,458 shares (Indirect, By Trust); Common Stock, par value $0.01 per share — 20,238 shares (Indirect, By Trusts); Common Stock, par value $0.01 per share — 1,000 shares (Indirect, By Spouse); Common Stock, par value $0.01 per share — 147,316 shares (Indirect, By Partnerships)

Footnotes (7)

1. F1. Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.
2. F2. Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.
3. F3. Shares held in trust for which Mr. Hekemian is a beneficiary. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
4. F4. Shares held by certain trusts for the benefit of Mr. Hekemian's nephews, and of which Mr. Hekemian is trustee. Mr. Hekemian disclaims beneficial ownership of these shares.
5. F5. Shares held by Mr. Hekemian's wife. Mr. Hekemian disclaims beneficial ownership of these shares.
6. F6. Shares held by certain partnerships in which Mr. Hekemian is a partner. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
7. F7. Shares held in trust by Mr. Hekemian for the benefit of his children. Mr. Hekemian disclaims beneficial ownership of these shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FREVS CEO Robert Hekemian report in this Form 4 filing?

Robert S. Hekemian Jr reported receiving 1,584 FREVS common shares. The shares were awarded at $0.00 per share as equity compensation under the Equity Incentive Plan of 1998, approved by the Board of Directors after a Compensation Committee recommendation.

How many FREVS shares does CEO Robert Hekemian hold directly after this award?

After the award, Robert S. Hekemian Jr directly holds 220,973 shares. This figure reflects his direct ownership of FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. common stock following the 1,584-share grant reported for March 12, 2026.

What is the nature of the 1,584-share transaction reported for FREVS?

The 1,584-share transaction is a grant or award, not a market purchase. It is coded as an acquisition (A) at $0.00 per share, reflecting equity compensation rather than an open-market buy or sell transaction.

Does the FREVS CEO have indirect holdings reported in this Form 4?

Yes, several indirect holdings are reported through trusts, partnerships and his spouse. Many of these positions are held in entities where he is beneficiary, trustee, partner or related, and he disclaims beneficial ownership except for any pecuniary interest described.

Under which plan was the FREVS CEO equity award granted?

The 1,584-share award was granted under the Equity Incentive Plan of 1998. The plan’s award was approved by the Board of Directors of FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC., based on a recommendation from the Board’s Compensation Committee.

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Accepted by SEC EDGAR 03/13/2026 - 02:38 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hekemian Robert S Jr

(Last) (First) (Middle)

17 OLD WOODS ROAD

(Street)

SADDLE RIVER NJ 07458

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. [ FREVS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share(1)	03/12/2026		A(2)		1,584	A	$0	220,973	D
Common Stock, par value $0.01 per share(1)								25,458	I(3)	By Trust
Common Stock, par value $0.01 per share(1)								11,000	I(4)	By Trusts
Common Stock, par value $0.01 per share(1)								1,000	I(5)	By Spouse
Common Stock, par value $0.01 per share(1)								147,316	I(6)	By Partnerships
Common Stock, par value $0.01 per share(1)								9,238	I(7)	By Trusts

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.

2. Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.

3. Shares held in trust for which Mr. Hekemian is a beneficiary. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

4. Shares held by certain trusts for the benefit of Mr. Hekemian's nephews, and of which Mr. Hekemian is trustee. Mr. Hekemian disclaims beneficial ownership of these shares.

5. Shares held by Mr. Hekemian's wife. Mr. Hekemian disclaims beneficial ownership of these shares.

6. Shares held by certain partnerships in which Mr. Hekemian is a partner. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

7. Shares held in trust by Mr. Hekemian for the benefit of his children. Mr. Hekemian disclaims beneficial ownership of these shares.

	/s/ Robert S. Hekemian, Jr.	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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