ONE LIBERTY PROPERTIES INC (NYSE: OLP) EVP granted 5,579 performance-based shares
Rhea-AI Filing Summary
Clair Justin reported acquisition or exercise transactions in this Form 4 filing.
ONE LIBERTY PROPERTIES INC Executive Vice President Justin Clair reported a grant of 5,579 shares of common stock on August 5, 2026, at $0.0000 per share, increasing his direct holdings to 38,653 shares. The grant is tied to RSUs granted in 2023, for which the compensation committee determined performance metrics were satisfied after a performance period ending June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,579 shares
Net Buy
1 txn
Insider
Clair Justin
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,579 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 38,653 shares (Direct)
Footnotes (1)
- F1. Represents the date that the compensation committee determined that the metrics with respect to the shares underlying the RSUs granted in 2023 had been satisfied. The related performance period ended June 30, 2026.
Key Figures
Shares granted: 5,579 shares
Grant price per share: $0.0000 per share
Total holdings after grant: 38,653 shares
+2 more
5 metrics
Shares granted
5,579 shares
Common stock granted to Executive Vice President Justin Clair on August 5, 2026
Grant price per share
$0.0000 per share
Reported value for the 5,579-share common stock grant
Total holdings after grant
38,653 shares
Direct ownership of ONE LIBERTY PROPERTIES INC common stock following the transaction
Performance period end
June 30, 2026
End date of the performance period for RSUs granted in 2023
Transaction date
August 5, 2026
Date compensation committee determined RSU metrics were satisfied and grant was reported
Key Terms
restricted stock units, performance period, compensation committee, grant, award, or other acquisition
4 terms
restricted stock units financial
"shares underlying the RSUs granted in 2023 had been satisfied"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance period financial
"The related performance period ended June 30, 2026."
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
compensation committee financial
"Represents the date that the compensation committee determined that the metrics"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ONE LIBERTY PROPERTIES (OLP) report for Justin Clair?
ONE LIBERTY PROPERTIES INC reported that Executive Vice President Justin Clair received a grant of 5,579 shares of common stock. The award reflects satisfaction of performance metrics tied to restricted stock units originally granted in 2023, following a performance period ending June 30, 2026.
What is Justin Clair’s total ownership in ONE LIBERTY PROPERTIES (OLP) after this grant?
After the reported grant, Justin Clair directly holds 38,653 shares of ONE LIBERTY PROPERTIES INC common stock. This figure reflects his position immediately following the 5,579-share award connected to the satisfaction of performance metrics on his 2023 restricted stock unit grant.
Was the OLP transaction for Justin Clair an open-market stock purchase?
No, the transaction was reported as a grant or award acquisition, not an open-market purchase. The $0.0000 per-share value and Form 4 code A indicate shares issued as compensation, tied to performance-based RSUs granted in 2023 once metrics were satisfied.
What performance conditions are referenced in Justin Clair’s OLP stock grant?
The filing notes that the compensation committee determined performance metrics for shares underlying RSUs granted in 2023 had been satisfied. It also states the related performance period ended June 30, 2026, after which the 5,579 common shares were credited to Justin Clair.