Aslanian Richard 4

4 · FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

FREVS Director Richard Aslanian Receives 1,584 Share Award

What Happened

Richard Aslanian, a director of First Real Estate Investment Trust of New Jersey, Inc. (ticker: FREVS), received an award of 1,584 shares of common stock on March 12, 2026. The shares were granted at $0.00 per share (award/grant), so the reported acquisition value is $0. This was a compensatory grant under the company's equity incentive plan, not an open‑market purchase or sale.

Key Details

Transaction date: 2026-03-12; Filing date: 2026-03-13 (timely filing).
Transaction type/code: Award/Grant (A).
Shares acquired: 1,584; Price per share: $0.00; Reported acquisition value: $0.
Shares owned after transaction: Not specified in the provided filing.
Relevant footnotes:
- F1: Historical note on FREIT’s 2021 reincorporation from a NJ REIT to a Maryland corporation and 1-for-1 conversion of prior “shares” to common stock.
- F2: Grant was made under FREIT’s Equity Incentive Plan of 1998 and approved by the Board/Compensation Committee.
No indication of a sale, option exercise, tax withholding, or 10b5-1 plan in this filing.

Context

Awards like this are typically compensatory (part of director/executive pay) and do not represent an open‑market purchase signal. The filing does not disclose vesting or restriction terms for the awarded shares; those terms, if any, would be governed by the Equity Incentive Plan and related award agreement.

Form 4

Period: 2026-03-12

Director

Transactions

Award
Common Stock, par value $0.01 per share
[F1][F2]
2026-03-12+1,584→ 55,777 total

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/ Richard J. Aslanian|2026-03-13

1 file