[Form 4] NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Insider Trading Activity
Rhea-AI Filing Summary
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP director and president Ronald Brown reported entity restructuring transactions under the Partnership's equity repurchase program. On March 31, 2026, the Partnership repurchased 3.27 Class B Units of Limited Partnership Interest directly beneficially owned by him and 0.17 Units of General Partnership Interest indirectly beneficially owned through a close-held corporation.
After these transactions, Brown directly holds 5,520.9 Class B Units of Limited Partnership Interest and indirectly holds 290.61 Units of General Partnership Interest based on his 75% equity interest in the corporation. The purchase price for the Units of General Partnership Interest matched the $64.63 price per Depositary Receipt, with each Depositary Receipt representing one-thirtieth of a Class A Unit of the Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | NEN Units of General Partnership Interest | 0.17 | $1,938.96 | $329.62 |
| Other | NEN Class B Units of Limited Partnership Interest | 3.27 | $1,938.96 | $6K |
Footnotes (3)
- F1. Pursuant to the Partnership's equity repurchase program, as renewed and reauthorized by the Board of Directors of the General Partner on March 9, 2020 and as further described in the Partnership's Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2020, the Partnership repurchased 3.27 Class B Units of Limited Partnership Interest directly beneficially owned by the reporting person and 0.17 Units of General Partner Interest from the general partner of the Partnership that are indirectly beneficially owned by the reporting person.
- F2. Amounts reported represent 75% of the securities owned by the close-help corporation (which corporation is the general partner of the Partnership) based upon the reporting person's 75% equity interest in the corporation.
- F3. The purchase price of the Units of General Partner Interest was equal to the $64.63 purchase price of the Depositary Receipts (each of which represents one-thirtieth of a Class A Unit of the Partnership) contemporaneously repurchased by the Partnership pursuant to its equity repurchase program.
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