One Liberty Properties (OLP) officer gets 7,900 restricted share grant
Rhea-AI Filing Summary
One Liberty Properties Inc. reported that senior vice president and assistant secretary Mark H. Lundy received 7,900 shares of common stock as restricted stock on January 14, 2026 under the company’s 2025 Incentive Plan. These shares generally vest on or about January 13, 2031, subject to his continued relationship with the company.
Following this grant, Lundy directly holds 227,353 shares of common stock. An additional 78,342 shares are held indirectly in a trust for which his spouse is a co‑trustee, and he expressly disclaims beneficial ownership of those trust-held shares.
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FAQ
What insider transaction did OLP report for Mark H. Lundy?
OLP reported that senior vice president and assistant secretary Mark H. Lundy received 7,900 shares of OLP common stock as a restricted stock award on January 14, 2026 under the company’s 2025 Incentive Plan.
At what price were the 7,900 OLP restricted shares granted to Mark H. Lundy?
The 7,900 restricted shares of OLP common stock granted to Mark H. Lundy were reported at a price of $0 per share, consistent with a stock award rather than an open-market purchase.
When do Mark H. Lundy’s OLP restricted shares vest?
The filing states that the 7,900 restricted shares generally vest on or about January 13, 2031, provided that Mark H. Lundy maintains his continued relationship with One Liberty Properties Inc.
How many OLP shares does Mark H. Lundy own after this Form 4 transaction?
After the reported restricted stock grant, Mark H. Lundy directly owns 227,353 shares of OLP common stock. Separately, 78,342 shares are held indirectly in a trust for which his spouse is a co‑trustee, and he disclaims beneficial ownership of those trust-held shares.
What is the nature of the indirect OLP share ownership reported for Mark H. Lundy?
The Form 4 notes that 78,342 shares of OLP common stock are held indirectly "by spouse as trustee for trust." The spouse is a co‑trustee, and Mark H. Lundy disclaims beneficial ownership of these securities.
What plan governs the restricted stock award reported in the OLP Form 4?
The 7,900 restricted shares granted to Mark H. Lundy were issued under One Liberty Properties Inc.’s 2025 Incentive Plan, as described in the Form 4 footnotes.