ROTH STEVEN 4

What Happened

Steven Roth, a 10% owner of Alexander's, Inc. (ALX) and a member of the company's Board of Directors, was granted 505 Deferred Stock Units (DSUs) on May 21, 2026. The filing records this as an award/grant (derivative security); there is no per-share price or cash exchanged for the DSUs (price listed as N/A). This is a compensation award rather than an open‑market purchase or sale, so it should not be read as an immediate bullish or bearish trading signal.

Key Details

• Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-22) — appears timely.
• Security: 505 Deferred Stock Units (derivative award), transaction code A (grant/award).
• Price/Value: N/A (DSUs entitle holder to shares without payment).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: (F1) DSUs entitle Roth to an equivalent number of common shares without payment; (F2) DSUs vest immediately but underlying shares are not deliverable until he is no longer serving on the Board.

Context

Deferred Stock Units are a form of equity compensation (similar to restricted or phantom stock) that convert to actual shares at a future event (here, departure from the board). Because delivery is deferred and no cash was exchanged, this grant is compensation, not a market trade. As a 10% owner, Roth is a significant insider; such awards are typically part of director compensation and do not by themselves indicate intent to buy or sell stock.