ARTINIAN RONALD J 4
4 · FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
ARTINIAN RONALD J
Chairman of the Board
Transactions
- Award
Common Stock, par value $0.01 per share
[F1][F2]2026-03-12+1,584→ 492,110 total
Holdings
- 52,504(indirect: By IRA)
Common Stock, par value $0.01 per share
[F1]
Footnotes (2)
- [F1]Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.
- [F2]Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.
Signature
/s/ Ronald J. Artinian|2026-03-13