One Liberty Properties Insider Sales: Ricketts Disposes 11,025 OLP Shares
Rhea-AI Filing Summary
Lawrence Ricketts, Executive Vice President and COO of One Liberty Properties, Inc. (OLP), reported three open-market sales of company common stock on September 3–5, 2025. The transactions disposed of a total of 11,025 shares at weighted-average sale prices of $23.4849, $23.3923, and $23.5833 respectively. Following the reported sales the filing shows the reporting person beneficially owned 178,921.863 shares directly. The filing includes explanations that each day's figure is a weighted-average price across multiple trades and offers to provide trade-level detail to the SEC on request.
Positive
- Timely disclosure of insider sales consistent with Section 16 requirements
- Weighted-average sale prices and stated price ranges provided, with offer to supply trade-level details on request
Negative
- Insider disposition of 11,025 shares over three days, reducing direct ownership to 178,921.863 shares
- No indication in the filing of offsetting purchases or a 10b5-1 plan to contextualize the sales
Insights
TL;DR: Routine insider disposition disclosed; timely reporting and price ranges provided suggest compliance rather than undisclosed material event.
The Form 4 shows timely disclosure of three open-market sales by an executive officer and director totaling 11,025 shares over three days with weighted-average sale prices disclosed and an offer to provide trade-level detail upon request. From a governance perspective, the filing meets Section 16 transparency expectations by reporting aggregate shares sold, remaining direct beneficial ownership, and price ranges. There is no indication in the filing of derivative transactions, Rule 10b5-1 plan usage, or other arrangements that would change the interpretation of ordinary open-market sales. Impact on governance metrics is limited to the optics of insider selling; the filing itself reflects procedural compliance.
TL;DR: Insider sold 11,025 OLP shares at ~$23.40–$23.58; disclosure is clear but material impact is likely limited without additional context.
The transactions reduce direct beneficial ownership to 178,921.863 shares. Reported weighted-average prices for the three sale days are $23.4849, $23.3923, and $23.5833, and the filer states each day comprised multiple trades within specified price ranges. For investors evaluating signalling, the absolute share count sold is explicit, but the filing does not provide company-wide share count or dollar amounts relative to his total holdings' value or portfolio, so market impact cannot be assessed from this document alone. As a standalone disclosure, it is a routine, non-derivative sale report.