BROWN RONALD 4
4 · NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
New England Realty (NEN) President Ronald Brown Sells Shares
What Happened
Ronald Brown, President and a director of New England Realty Associates L.P., disposed of a total of 3.44 units on 2026-03-31 as part of the partnership’s equity repurchase program. The transactions were reported as 3.27 Class B Units (disposed) for $6,340 and 0.17 Units of General Partner Interest (disposed) for $330, at a per-unit equivalent price of $1,938.96, for a combined cash proceeds of approximately $6,670. These were sales back to the partnership under its repurchase program (not open-market sales).
Key Details
- Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-02 (filed timely).
- Items sold: 3.27 Class B Units for $6,340 and 0.17 General Partner Units for $330 (total ≈ $6,670). Reported per-unit equivalent price: $1,938.96.
- Shares/units owned after transaction: Not specified in the excerpted transactions — see the full Form 4 for post-transaction holdings.
- Notable footnotes:
- F1: Sales were made pursuant to the partnership’s equity repurchase program; 3.27 Class B Units were repurchased directly and 0.17 Units of General Partner Interest were repurchased from the general partner and were indirectly owned by Brown.
- F2: Reported holdings for the close‑held corporation reflect 75% of the securities because Brown holds a 75% interest in that corporation.
- F3: The $1,938.96 per-unit equivalent reflects the repurchase price relationship to depositary receipts (the filing explains the conversion).
- No indication of a 10b5‑1 plan, option exercise, gift, or tax‑withholding in these entries.
Context
These were disposals executed under the partnership’s repurchase program (the partnership bought the units back). Such repurchases are often routine corporate actions and do not necessarily signal insider views about the company’s near‑term prospects. The total dollar amount here is modest (~$6.7k), and the transactions involved both directly owned Class B units and indirectly held general partner interest. For full holdings, conversion details, and any additional disclosures, consult the complete Form 4 (Accession: 0001036437-26-000004).
Insider Transaction Report
- Other
NEN Units of General Partnership Interest
[F1][F2][F3]2026-03-31$1938.96/sh−0.17$330→ 290.61 total(indirect: By Close-Held Corporation) - Other
NEN Class B Units of Limited Partnership Interest
[F1][F3]2026-03-31$1938.96/sh−3.27$6,340→ 5,520.9 total
Footnotes (3)
- [F1]Pursuant to the Partnership's equity repurchase program, as renewed and reauthorized by the Board of Directors of the General Partner on March 9, 2020 and as further described in the Partnership's Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2020, the Partnership repurchased 3.27 Class B Units of Limited Partnership Interest directly beneficially owned by the reporting person and 0.17 Units of General Partner Interest from the general partner of the Partnership that are indirectly beneficially owned by the reporting person.
- [F2]Amounts reported represent 75% of the securities owned by the close-help corporation (which corporation is the general partner of the Partnership) based upon the reporting person's 75% equity interest in the corporation.
- [F3]The purchase price of the Units of General Partner Interest was equal to the $64.63 purchase price of the Depositary Receipts (each of which represents one-thirtieth of a Class A Unit of the Partnership) contemporaneously repurchased by the Partnership pursuant to its equity repurchase program.