DIBENEDETTO THOMAS R 4
Research Summary
AI-generated summary
ALEXANDERS (ALX) Director Thomas R. DiBenedetto Receives Award
What Happened
- Thomas R. DiBenedetto, a director of Alexander's, Inc. (ALX), was granted 505 Deferred Stock Units (DSUs) on 2026-05-21. The award is reported as a derivative grant (transaction code A). No cash payment was required and no per-share price is reported.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-22 (timely).
- Amount: 505 Deferred Stock Units; price listed as N/A (award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnote summary:
- F1: The DSUs entitle the holder to an equivalent number of common shares without payment.
- F2: The DSUs vest immediately, but the underlying common stock will not be delivered until the reporting person is no longer serving as a director.
- Transaction type: Award/Grant (A); derivative instrument (DSUs), not an open-market purchase or sale.
Context
- Deferred Stock Units are a form of compensation that convert to shares later (here, upon the director leaving the board). Such grants are common for non-employee directors and do not by themselves indicate buying or selling sentiment in the market.