STOCK TITAN

Ronald Artinian of FREIT (FREVS) receives 1,584-share equity award

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(Neutral)
Form Type
4

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

  • None.

Negative

  • None.
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)
  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.

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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.

How many FREVS shares were granted to Ronald J. Artinian?

Ronald J. Artinian was granted 1,584 shares of common stock. The award was made on March 12, 2026 at $0.00 per share as part of his compensation, under the company’s Equity Incentive Plan of 1998 and approved by the Board of Directors.

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.

Which plan authorized Ronald J. Artinian’s 1,584-share FREVS award?

The grant was made under the Equity Incentive Plan of 1998. The Board of Directors of First Real Estate Investment Trust of New Jersey approved the 1,584-share common stock award following a recommendation from its Compensation Committee, classifying it as a compensation-related equity grant.

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.
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*
ARTINIAN RONALD J

(Last) (First) (Middle)
230 AUGUSTA COURT

(Street)
ROSLYN NY 11576

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman of the Board
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 $0 492,110 D
Common Stock, par value $0.01 per share(1) 52,504 I By IRAs
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.
/s/ Ronald J. Artinian 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.