BROWN RONALD 4

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).