Ronald Artinian of FREIT (FREVS) receives 1,584-share equity award
Rhea-AI Filing Summary
ARTINIAN RONALD J reported acquisition or exercise transactions in this Form 4 filing.
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported that Chairman of the Board Ronald J. Artinian received an award of 1,584 shares of common stock on March 12, 2026. The grant was made at $0.00 per share as a compensation award, not a market purchase.
The shares were granted under the company’s Equity Incentive Plan of 1998, following approval by the Board of Directors based on the Compensation Committee’s recommendation. After this award, Artinian directly holds 492,110 common shares and indirectly holds 52,504 common shares through IRAs.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1,584 shares
Net Buy
2 txns
Insider
ARTINIAN RONALD J
Role
Chairman of the Board
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 492,110 shares (Direct);
Common Stock, par value $0.01 per share — 52,504 shares (Indirect, By IRAs)
Footnotes (2)
- 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.
- 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.
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FAQ
What insider transaction did FREVS report for Ronald J. Artinian?
Ronald J. Artinian received a stock award from First Real Estate Investment Trust of New Jersey. He was granted 1,584 shares of common stock as compensation, at $0.00 per share, approved by the Board under the Equity Incentive Plan of 1998.
Was the FREVS insider grant to Ronald J. Artinian a market purchase?
No, the transaction was a stock award, not a purchase. Artinian received 1,584 shares of common stock at $0.00 per share as a compensation grant under the Equity Incentive Plan of 1998, rather than buying shares in the open market.
What are Ronald J. Artinian’s FREVS holdings after this transaction?
After the grant, Ronald J. Artinian directly owns 492,110 shares. He also indirectly holds 52,504 additional common shares through IRAs. These figures show his total reported position following the 1,584-share equity incentive award on March 12, 2026.
How is Ronald J. Artinian’s indirect ownership in FREVS structured?
Ronald J. Artinian’s indirect FREVS holdings are held through IRAs. A holding entry shows 52,504 shares of common stock held indirectly “By IRAs,” in addition to his 492,110 directly owned shares following the 1,584-share compensation award on March 12, 2026.