ONE LIBERTY PROPERTIES (NYSE: OLP) awards 7,400 restricted shares to SVP

Rhea-AI Filing Summary

ONE LIBERTY PROPERTIES INC reported an equity grant to its Senior VP of Finance, David Kalish. On 01/14/2026, he was awarded 7,400 shares of common stock at $0 per share, reflecting a restricted stock grant rather than an open-market purchase. According to the footnotes, these shares were issued as restricted stock effective June 14, 2026 under the company’s 2025 Incentive Plan and, subject to his continued relationship with the company, are scheduled to vest on June 13, 2031.

After this award, Kalish directly beneficially owns 247,949.6306 shares, which include shares acquired through the company’s dividend reinvestment plan. He is also reported as indirectly holding additional shares through several pension and profit-sharing trusts for which he serves as trustee, as well as a smaller position held by his spouse.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KALISH DAVID

(Last) (First) (Middle)

(Street)

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ONE LIBERTY PROPERTIES INC [ OLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP - Finance

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/14/2026		A		7,400(1)	A	$0	247,949.6306(2)	D
Common Stock								19,438	I	By Gould Investors L.P. pension trust(3)
Common Stock								155,033	I	By REIT Mgt. Corp. pension and profit sharing trusts(4)
Common Stock								4,169	I	By BRT Apartments Corp. Pension Trust(5)
Common Stock								1,276.986(2)	I	By spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were issued as restricted stock effective June 14, 2026 under the issuer's 2025 Incentive Plan. Generally, subject to the reporting person's continued relationship with issuer, the shares vest on June 13, 2031.

2. Includes shares acquired through issuer's dividend reinvestment plan.

3. Reporting person is a trustee of Gould Investors L.P. Pension Trust.

4. Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown.

5. Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares.

Remarks:

	/s/ David Kalish by Isaac Kalish, his attorney in fact	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ONE LIBERTY PROPERTIES (OLP) report?

The company reported that Senior VP of Finance David Kalish received an award of 7,400 shares of common stock on 01/14/2026 as a restricted stock grant priced at $0 per share.

How many ONE LIBERTY PROPERTIES (OLP) shares does David Kalish own after this Form 4?

Following the reported transaction, David Kalish directly beneficially owns 247,949.6306 shares of ONE LIBERTY PROPERTIES common stock.

What are the vesting terms of the 7,400 restricted ONE LIBERTY PROPERTIES (OLP) shares?

The 7,400 restricted shares were issued effective June 14, 2026 under the 2025 Incentive Plan and generally vest on June 13, 2031, subject to Kalish’s continued relationship with the company.

Is the 7,400-share grant to the ONE LIBERTY PROPERTIES (OLP) executive a market purchase?

No. The 7,400 shares were reported with a price of $0 per share and are described as restricted stock issued under the company’s 2025 Incentive Plan, indicating an equity compensation award rather than a market purchase.

What indirect ONE LIBERTY PROPERTIES (OLP) share holdings are associated with David Kalish?

The filing lists indirect holdings of 19,438 shares by Gould Investors L.P. pension trust, 155,033 shares by REIT Management Corp. pension and profit sharing trusts, 4,169 shares by BRT Apartments Corp. Pension Trust, and 1,276.986 shares held by his spouse.

What role does David Kalish hold at ONE LIBERTY PROPERTIES (OLP)?

David Kalish is identified as an officer of ONE LIBERTY PROPERTIES with the title Senior VP - Finance.