OLP Form 144 Filed for $199K Sale of 8,600 Common Shares
Rhea-AI Filing Summary
One Liberty Properties, Inc. reported a proposed sale of 8,600 common shares through Sanford C. Bernstein & Co., LLC on the NYSE, with an aggregate market value of $199,000. The shares represent part of the issuer's outstanding common stock of 21,600,000 shares. The securities were acquired on 05/24/2024 as compensation from One Liberty Properties, Inc., and the planned sale date is 09/10/2025. No securities of the issuer were reported sold by the filer in the past three months. The filer certifies they are unaware of any undisclosed material adverse information about the issuer.
Positive
- Clear compliance disclosure of proposed insider sale under Rule 144, specifying broker, quantity, acquisition date, and sale date
- No sales reported by the filer in the past three months, indicating this is not part of an ongoing rapid sell-down
Negative
- None.
Insights
TL;DR: Routine insider sale disclosure of 8,600 shares valued at $199k; appears procedural and non-material.
The Form 144 notifies the market of a proposed sale of 8,600 common shares by a person who received those shares as compensation on 05/24/2024. The sale is to be executed through a broker on 09/10/2025 and is small relative to the reported 21.6 million shares outstanding, implying limited potential market impact. The filing also confirms no sales in the past three months and includes the standard attestation regarding material nonpublic information. This is a routine compliance disclosure under Rule 144.
TL;DR: Disclosure meets Rule 144 notice requirements; represents internal compensation monetization, not a governance alarm.
The notice documents that the securities to be sold were acquired as compensation from the issuer and specifies broker, quantity, acquisition date, and proposed sale date. The explicit statement that the filer is unaware of undisclosed material adverse information is the standard attestation. There are no indications of accelerated or aggregated insider selling activity in the past three months in this filing. From a governance perspective, this filing reflects expected transparency for monetizing compensation awards.