AIELLO JOHN A 4
Research Summary
AI-generated summary
FREVS Secretary John Aiello Receives 1,584-Share Award
What Happened
- John A. Aiello, Secretary and Director of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was awarded 1,584 shares of common stock on 2026-03-12.
- The reported acquisition price is $0.00 per share (total value reported $0), indicating these shares were granted as compensation under the company’s equity plan rather than purchased.
Key Details
- Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed the next day).
- Transaction type/code: A — Award/Grant.
- Shares acquired: 1,584; Price per share: $0.00; Total reported cash value: $0.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes:
- F2: Award issued under FREIT’s Equity Incentive Plan of 1998, approved by the Board upon recommendation of the Compensation Committee.
- F1: Historical note about FREIT’s 2021 reincorporation and 1-for-1 conversion of beneficial interests to common stock (context only).
Context
- This was a compensation award, not an open-market purchase or sale. Such grants are common for executives and directors as part of pay/retention and do not by themselves indicate buying or selling sentiment.
- No options were exercised, no shares were sold, and no tax-withholding or other transfer actions were reported in the provided summary.