[Form 4] ONE LIBERTY PROPERTIES INC Insider Trading Activity

Rhea-AI Filing Summary

One Liberty Properties vice chairman Fredric H. Gould reported an equity award of 9,200 shares of common stock on January 14, 2026. These shares were issued as restricted stock under the company’s 2025 Incentive Plan at a stated price of $0 per share. Subject to his continued relationship with the company, the restricted stock generally vests on or about January 13, 2031.

After this grant, Gould directly beneficially owned 625,372.615 shares of One Liberty Properties common stock, which includes shares acquired through the company’s dividend reinvestment plan. In addition, 50,307.056 shares are held indirectly by his spouse, and Gould disclaims any beneficial interest in those shares.

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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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^*

GOULD FREDRIC H

(Last) (First) (Middle)

60 CUTTER MILL ROAD

SUITE 303

(Street)

GREAT NECK NY 11021

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chairman of Board

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		9,200(1)	A	$0	625,372.615(2)	D
Common Stock								50,307.056(2)(3)	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 on January 14, 2026 under the issuer's 2025 Incentive Plan. Generally, subject to the reporting person's continued relationship with the issuer, the shares vest on or about January 13, 2031.

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

3. Reporting person disclaims any beneficial interest in said shares.

Remarks:

	/s/ Fredric H. Gould 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 OLP director Fredric H. Gould report?

Fredric H. Gould reported receiving an award of 9,200 shares of One Liberty Properties common stock on January 14, 2026, coded as an acquisition (A).

How were the 9,200 OLP shares granted to Fredric H. Gould structured?

The 9,200 shares were issued as restricted stock under One Liberty Properties' 2025 Incentive Plan at a stated price of $0 per share.

When do Fredric H. Gould’s newly granted OLP restricted shares vest?

The restricted shares generally vest on or about January 13, 2031, subject to Gould’s continued relationship with One Liberty Properties.

How many OLP shares does Fredric H. Gould own after this Form 4 transaction?

Following the award, Gould directly beneficially owned 625,372.615 shares of One Liberty Properties common stock, including shares acquired through the dividend reinvestment plan.

What indirect OLP holdings related to Fredric H. Gould are reported?

An additional 50,307.056 shares of One Liberty Properties common stock are held indirectly by his spouse, and Gould disclaims any beneficial interest in those shares.

Is this OLP Form 4 transaction a purchase or a compensation grant?

The Form 4 describes a compensation grant of restricted stock under the 2025 Incentive Plan, not an open-market purchase, and it is shown at a price of $0 per share.