RICKETTS LAWRENCE 4
Research Summary
AI-generated summary
One Liberty Properties (OLP) Exec VP & COO Lawrence Ricketts Sells Shares
What Happened
- Lawrence Ricketts, Executive Vice President and COO of One Liberty Properties (ticker: OLP), reported open-market sales totaling 7,500 shares for aggregate proceeds of $171,541.
- Breakdown by trade: 5,000 shares on 2026-03-23 at a weighted avg $22.64 ($113,210); 2,000 shares on 2026-03-24 at $23.58 ($47,166); 500 shares on 2026-03-25 at $22.33 ($11,165). All transactions are sales (code S).
Key Details
- Transaction dates and reported prices:
- 2026-03-23: 5,000 shares @ $22.64 (weighted avg; F1 notes trades ranged $22.55–$22.70)
- 2026-03-24: 2,000 shares @ $23.58 (reported price; F2 notes some transactions were executed in multiple trades with prices reported as a weighted average)
- 2026-03-25: 500 shares @ $22.33
- Total proceeds: $171,541.
- Footnotes: The filing states certain sales were executed in multiple trades and the reported prices are weighted averages; the reporting person offers to provide full trade-level details on request (per F1/F2).
- Shares held after the transactions: not specified in the provided filing excerpt.
- Timeliness: Form 4 was filed on 2026-03-25 for transactions dated 2026-03-23–03-25; the filing appears to be within the required reporting window (no late filing indicated).
Context
- These were open-market dispositions (sales), which are commonly routine transactions for liquidity, diversification, or other personal reasons; the filing provides facts only and does not state a motive.
- No option exercises, gifts, or awards are reported in this filing.