Director Hekemian discloses 5.5% stake in First Real Estate (FREVS)
Rhea-AI Filing Summary
First Real Estate Investment Trust of New Jersey received an amended ownership report from director Robert S. Hekemian, Jr. He reports beneficial ownership of 413,401 shares of common stock, representing 5.5% of the class, based on 7,471,344 shares outstanding as of February 4, 2026.
Hekemian has sole voting and dispositive power over 230,389 shares and shared voting and dispositive power over 147,316 shares. He certifies that the shares were not acquired and are not held for the purpose of changing or influencing control of the trust.
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FAQ
What ownership stake in FREVS does Robert S. Hekemian, Jr. report?
Robert S. Hekemian, Jr. reports beneficial ownership of 413,401 shares of First Real Estate Investment Trust of New Jersey common stock. This represents 5.5% of the outstanding shares, based on 7,471,344 shares outstanding as of February 4, 2026.
How much voting power does Hekemian report in First Real Estate Investment Trust of New Jersey (FREVS)?
Hekemian reports sole voting power over 230,389 shares and shared voting power over 147,316 shares. He also has the same split between sole and shared power to dispose of or direct the disposition of these shares, reflecting his influence over this 5.5% stake.
What does the Schedule 13G/A filing by Hekemian for FREVS indicate about control intentions?
The filing states the securities were not acquired and are not held for the purpose of changing or influencing control of First Real Estate Investment Trust of New Jersey. It also notes they are not held in connection with any transaction having that control-changing purpose or effect.
Why did Robert S. Hekemian, Jr. file an Amendment No. 9 Schedule 13G/A for FREVS?
Amendment No. 9 updates Hekemian’s reported 5.5% beneficial ownership in First Real Estate Investment Trust of New Jersey common stock as of an event dated December 31, 2025. Schedule 13G/A amendments keep public records current when significant ownership positions change.
What class of securities in FREVS is covered by Hekemian’s Schedule 13G/A?
The filing covers common stock of First Real Estate Investment Trust of New Jersey, with a par value of $0.01 per share and CUSIP 336142104. The reported 413,401 shares reflect his beneficial interest in this class of equity securities.