FREVS Chairman Ronald J. Artinian Receives 1,584-Share Award

What Happened

• Ronald J. Artinian, Chairman of the Board of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was granted 1,584 shares of common stock on 2026-03-12. The award was reported at $0.00 per share (total reported value $0), reflecting a grant/award rather than a purchase.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-13).
• Transaction type: Award/Grant (code A) — 1,584 shares at $0.00 per share; total value reported $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: Historical note about FREIT's 2021 reincorporation from a NJ REIT to a Maryland corporation and a 1-for-1 conversion of prior beneficial interest "shares" to common stock.
  • F2: The shares were awarded under FREIT’s Equity Incentive Plan of 1998 and approved by the Board on the Compensation Committee’s recommendation.
• Filing timeliness: Filed the next day (appears timely).

Context

• This was a compensation award (not an open-market purchase or sale). Awards are commonly used to compensate or retain executives and do not necessarily indicate immediate buying or selling intentions. For retail investors, awards are informative about executive compensation but not a direct bullish/bearish trading signal.