RICKETTS LAWRENCE 4
Research Summary
AI-generated summary
One Liberty Properties (OLP) EVP/COO Lawrence Ricketts Sells Shares
What Happened
Lawrence Ricketts, Executive Vice President and COO of One Liberty Properties (OLP), reported three open‑market stock sales totaling 12,000 shares across June 25–29, 2026 for aggregate proceeds of about $286,300. The filing lists the transactions as: 2,501 shares on 2026-06-25 at $21.82 (≈ $54,573), 3,499 shares on 2026-06-26 at $24.21 (≈ $84,700), and 6,000 shares on 2026-06-29 at $24.50 (≈ $147,027). These are sales (S), not purchases or option exercises.
Key Details
- Transaction dates and reported weighted-average prices/proceeds:
- 2026-06-25: 2,501 shs at $21.82 — ~$54,573 (F1 notes multiple trades at $23.80–$23.85)
- 2026-06-26: 3,499 shs at $24.21 — ~$84,700 (F2: trades at $24.05–$24.29)
- 2026-06-29: 6,000 shs at $24.50 — ~$147,027 (F3: trades at $24.29–$24.76)
- Total shares sold: 12,000; total reported proceeds: ≈ $286,300.
- Shares owned after the transactions: Not specified in the supplied filing excerpt.
- Footnotes F1–F3 state each sale was executed in multiple trades and the filing reports weighted-average prices; the filer offers to provide full trade-by-trade details upon request.
- Filing date: 2026-06-29 (period of report begins 2026-06-25). The Form 4 appears to have been filed in the normal timeframe (not marked late).
Context
- These were open‑market sales by an executive. Sales can be routine (diversification, liquidity, tax), so they do not necessarily signal a negative view of the company.
- No purchases, option exercises, gifts, or tax‑withholding transactions are reported in this filing excerpt.