BROWN RONALD 4
4 · NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
NEN President Ronald Brown Sells 30.31 Units ($55.3K)
What Happened
- Ronald Brown, President and Director of New England Realty Associates (NEN), reported dispositions totaling 30.31 partnership units on 2026-06-30. The Partnership repurchased 28.79 Class B Units directly owned by Brown and 1.52 Units of General Partner interest indirectly beneficially owned by him. Each unit was recorded at $1,824.32, for aggregate proceeds of approximately $55,295. This was a company repurchase under the Partnership’s equity repurchase program — effectively a sale/repurchase, not an open‑market trade.
Key Details
- Transaction date: 2026-06-30; Form filed: 2026-07-01 (filed timely).
- Prices and amounts: 28.79 Class B Units @ $1,824.32 = $52,522; 1.52 GP Units @ $1,824.32 = $2,773; total ≈ $55,295.
- Shares/units owned after transaction: not specified in this filing.
- Footnotes of note:
- F1: Dispositions occurred pursuant to the Partnership’s equity repurchase program; 28.79 Class B Units were repurchased (direct holdings) and 1.52 GP Units were repurchased from the general partner (indirect holdings).
- F2: The GP-unit amount reflects Brown’s 75% interest in a closely held corporation that is the general partner (amounts reported represent his 75% share).
- F3: The $1,824.32 unit price equals $60.81 per Depositary Receipt × 30 (each Depositary Receipt represents 1/30th of a Class A Unit) repurchased contemporaneously.
- Transaction code: reported as “J” (other acquisition or disposition), consistent with a company repurchase.
Context
- This filing documents a company-initiated repurchase of the insider’s partnership units rather than an open-market sale by the insider; such repurchases commonly provide liquidity and do not alone indicate the insider’s view of the company’s prospects.
- No late-filing flag appears; the Form 4 was filed the next day.
Insider Transaction Report
Form 4
BROWN RONALD
DirectorPRESIDENT
Transactions
- Other
NEN Units of General Partnership Interest
[F1][F2][F3]2026-06-30$1824.32/sh−1.52$2,773→ 289.1 total(indirect: By Close-Held Corporation) - Other
NEN Class B Units of Limited Partnership Interest
[F1][F3]2026-06-30$1824.32/sh−28.79$52,522→ 5,492.1 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 28.79 Class B Units of Limited Partnership Interest directly beneficially owned by the reporting person and 1.52 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 $60.81 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.
Signature
/s/ Ronald Brown|2026-07-01