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One Liberty Properties (NYSE: OLP) grants 4,910 shares to Sr. VP

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Form Type
4

Rhea-AI Filing Summary

LUNDY MARK H reported acquisition or exercise transactions in this Form 4 filing.

One Liberty Properties executive Mark H. Lundy, Sr. VP & Asst Secy., received a grant of 4,910 shares of common stock on August 5, 2026, when the compensation committee determined that performance metrics for RSUs granted in 2023 had been satisfied for the period ending June 30, 2026. The award carried a per-share price of $0.00, increasing his directly held shares to 232,263. An additional 78,342 shares are held in a trust where his spouse is co-trustee, and he disclaims beneficial ownership of those shares. The transactions were not reported as made under a Rule 10b5-1 trading plan.

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Insider LUNDY MARK H
Role Sr. VP & Asst Secy.
Type Security Shares Price Value
Grant/Award Common Stock F1 4,910 $0.00 $0.00
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 232,263 shares (Direct); Common Stock — 78,342 shares (Indirect, By spouse as trustee for trust)
Footnotes (2)
  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.
  2. F2. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of section 16 or for any other purpose.
Shares granted 4,910 shares of Common Stock Grant/award acquisition upon vesting of 2023 RSUs, dated August 5, 2026
Direct holdings after transaction 232,263 shares Total common shares directly owned by Mark H. Lundy after the award
Indirect trust holdings 78,342 shares Common shares held by a trust where his spouse is co-trustee; beneficial ownership disclaimed
RSUs financial
"metrics with respect to the shares underlying the RSUs granted in 2023 had been satisfied"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
co-trustee financial
"The reporting person's spouse is a co-trustee of the trust."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What new stock grant did One Liberty Properties (OLP) report for Mark H. Lundy?

Mark H. Lundy received 4,910 shares of common stock on August 5, 2026, when performance metrics for RSUs granted in 2023 were confirmed. These shares were awarded at a $0.00 price per share as part of his equity compensation.

How many One Liberty Properties (OLP) shares does Mark H. Lundy hold directly after this Form 4 event?

Following the grant, Mark H. Lundy directly owns 232,263 shares of One Liberty Properties common stock. This total reflects his existing holdings plus the 4,910 shares issued upon satisfaction of the 2023 RSU performance metrics.

What is the nature of Mark H. Lundy’s indirect holdings in One Liberty Properties (OLP) shares?

There are 78,342 shares of One Liberty Properties common stock held in a trust where his spouse serves as co-trustee. Lundy disclaims beneficial ownership of these securities, meaning he does not claim an economic interest for Section 16 or other purposes.

Were Mark H. Lundy’s reported OLP transactions executed under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox for the reported transactions was not selected, indicating they were not affirmed as executed under a pre-arranged trading plan. The awards instead reflect equity compensation tied to previously established performance metrics.

What performance period applied to the 2023 RSUs vested for OLP’s Mark H. Lundy?

The related performance period for the RSUs granted in 2023 ended June 30, 2026. On August 5, 2026, the compensation committee determined that the applicable performance metrics had been satisfied, triggering the issuance of 4,910 common shares.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
LUNDY MARK H

(Last)(First)(Middle)
60 CUTTER MILL ROAD, SUITE 303

(Street)
GREAT NECK NEW YORK 11021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ONE LIBERTY PROPERTIES INC [ OLP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP & Asst Secy.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/05/2026(1)A4,910A$0232,263D
Common Stock78,342(2)IBy spouse as trustee for trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of section 16 or for any other purpose.
Remarks:
/s/ Mark H. Lundy08/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)