ONE Liberty (OLP) SVP Finance David Kalish Receives 4,910-Share Award

What Happened

• David Kalish, Senior Vice President – Finance at One Liberty Properties (OLP), was reported on Form 4 to have received 4,910 shares on 2026-08-05 as an award/acquisition (code A). The filing shows an acquisition price of $0.00, reflecting that these were granted/vested restricted stock units (RSUs), not an open-market purchase or sale.
• The acquisition is tied to performance-based RSUs granted in 2023; the compensation committee determined the performance metrics were satisfied, with the related performance period ending June 30, 2026 (see footnote F1).

Key Details

• Transaction date: 2026-08-05; Filing date: 2026-08-07 (filed within the usual 2-business-day window).
• Shares reported acquired: 4,910; reported acquisition price: $0.00 (award/vesting).
• Shares owned after the transaction: not provided in the excerpt of the filing.
• Notable footnote: F1 states the compensation committee determined the 2023 RSU metrics were satisfied (performance period ended 6/30/2026).
• No indication of a sale, tax withholding, 10b5-1 plan, or late filing in the provided details.

Context

• This was a performance-based RSU vesting/award — a common form of executive compensation. An award (A) differs from a purchase or sale and does not by itself indicate buying or selling sentiment in the market.
• The filing reports acquisition at $0 because RSUs are granted/vested rather than bought; any taxable value would generally be based on the market price at vesting and handled separately (e.g., via withholding), but no withholding or sale was reported in the provided data.