Hekemian Robert S Jr 4

What Happened
Robert S. Hekemian Jr., CEO of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was granted 1,584 shares on March 12, 2026. The reported acquisition price is $0.00, indicating these were awarded shares under the company’s equity incentive plan rather than a market purchase. The filing does not state a cash value or the market price at grant.

Key Details

• Transaction type: Award/Grant (code A) of 1,584 shares on 2026-03-12; price reported $0.00 (acquisition by award).
• Filing: Form 4 filed 2026-03-13 for the 2026-03-12 transaction (filed within the typical 2-business-day window).
• Shares owned after transaction: Not specified in the excerpt provided.
• Notable footnotes: (F2) Award made under FREIT’s Equity Incentive Plan of 1998 and approved by the Board on recommendation of the Compensation Committee. Other footnotes (F3–F7) note various shares held in trusts, by his wife, or partnerships for which Mr. Hekemian disclaims beneficial ownership except to his pecuniary interest.

Context
An "award" typically reflects equity granted to an executive (often subject to vesting or restrictions); the filing here does not disclose vesting terms or whether the shares are restricted. Awards are common compensation for executives and do not by themselves indicate an immediate buy/sell market action.