Gould Matthew J was granted 12,952 shares, increasing direct ownership by 3% to 473,830 units (SEC Form 4)
$BRT
Real Estate Investment Trusts
Real Estate
| 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 |
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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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
BRT Apartments Corp. [ BRT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/06/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | 37,005.201(5) | I | By Gould Family Trust(1) | |||||||
| Common Stock | 24,508.303(5) | I | By Gould Shenfeld Family Foundation(2) | |||||||
| Common Stock | 20,874 | I | By BRT Apartments Corp. Pension Trust(3) | |||||||
| Common Stock | 28,104.588(5) | I | By 130 Store Company LLC(4) | |||||||
| Common Stock | 05/06/2024 | A | 12,952 | A | (7) | 473,830.419(5) | D | |||
| Common Stock | 3,726,330.9731(5) | I | By Gould Investors L.P.(6) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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. Reporting person is a trustee of the Gould Family Trust, which owns these shares. Includes shares acquired through issuer's dividend investment plan. |
| 2. Reporting person is a trustee of the Gould Shenfeld Family Foundation. Includes shares acquired through issuer's dividend investment plan. |
| 3. Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares. |
| 4. Reporting person is a manager of 130 Store Company LLC. Reporting person disclaims a beneficial ownership of these securities to the extent he does not have a pecuniary interest therein. |
| 5. Includes shares acquired through issuer's dividend reinvestment plan. |
| 6. Reporting person is an officer of the managing general partner of Gould Investors L.P. These shares represent all shares of the issuer owned by Gould Investors L.P., including shares in which the reporting person does not have a pecuniary interest. Includes shares obtained through issuer's dividend reinvestment plan. |
| 7. Represents the date that the compensation committee determined that the metrics with respect to the shares underlying the RSUs granted in 2021 had been satisfied. The related performance period ended March 31, 2024. |
| Remarks: |
| /s/ Matthew J. Gould by Isaac Kalish, his attorney in fact | 05/08/2024 | |
| ** 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. | ||