[144] One Liberty Properties, Inc. SEC Filing
One Liberty Properties, Inc. (OLP) Form 144 notifies the market that 20,771 common shares are proposed to be sold through Charles Schwab (3000 Schwab Way, Westlake, TX) with an aggregate market value of $489,231.83. The filing lists 21,600,032 shares outstanding and an approximate sale date of 09/03/2025 on the NYSE. The shares were acquired as restricted stock that vested on 06/30/2024. The filing also discloses multiple open-market sales by Lawrence Ricketts Jr. in June 2025 totaling several transactions and gross proceeds reported per trade.
- Transparency: The filing discloses broker, share count, aggregate market value, and planned sale date as required under Rule 144.
- Source of shares disclosed: The shares were restricted stock that vested on 06/30/2024, clarifying the origin of the securities.
- Insider selling: The filing shows a planned sale by an insider and multiple June 2025 open-market sales, which investors may interpret as insider liquidity.
- Potential market impact: A planned sale with an aggregate value of $489,231.83 will increase shares available for trading on the approximate sale date.
Insights
TL;DR: Routine insider notice of planned sale of vested restricted shares; transparency helps market pricing.
The Form 144 documents a planned sale of 20,771 common shares of OLP with an aggregate stated market value of $489,231.83, to be executed via Charles Schwab on or about 09/03/2025. The shares originated from restricted stock that vested on 06/30/2024, which indicates the insider is liquidating previously restricted compensation rather than selling newly acquired shares. Multiple separate open-market sales by the same person in June 2025 are disclosed with gross proceeds per trade. This is a routine disclosure under Rule 144 and provides investors with clarity on insider liquidity events.
TL;DR: Disclosure aligns with Rule 144 requirements; filing reduces information asymmetry but signals insider selling.
The filing meets regulatory disclosure by identifying the broker, number of shares, acquisition date, and that the shares were restricted stock that vested. The representation that the signer is not aware of undisclosed material adverse information is included. Repeated June 2025 sales by the same individual are reported, which governance-conscious investors may view as increased insider liquidity. The document does not state any nonpublic operational issues.