Meng Justin 4

What Happened

• Justin Meng, a director of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was awarded 1,584 shares of FREVS common stock on March 12, 2026. The shares were granted at $0.00 per share (total cash consideration $0) as an equity award under the company's Equity Incentive Plan of 1998.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-13 (timely Form 4 filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1,584; Price per share: $0.00; Total cash paid: $0.
• Award approved by the Board upon recommendation of the Compensation Committee (per filing footnote).
• Shares owned after the reported transaction: not specified in the information provided.
• Relevant footnotes:
  • F1: Historical note on FREVS's 2021 reincorporation and 1-for-1 conversion of prior beneficial interests to common stock.
  • F2: Confirms the award was made under the 1998 Equity Incentive Plan and approved by the Board/Compensation Committee.
  • F3: Some shares are held in an IRA for the benefit of Mr. Meng’s wife, Christine Lee Yoon; Mr. Meng disclaims beneficial ownership of those IRA-held shares.

Context

• This was a compensation award (not an open-market buy or sale). Such grants are often part of director compensation and do not by themselves indicate a personal purchase or sale decision.
• No exercise, sale, or cashless transaction occurred in this filing.