September 17, 2024 · Form 4 insider transaction
MCBRIDE DAVID F sold 3,000 shares of FREVS at $16.99 per share, a transaction worth $51.0K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 160 days after the transaction.
Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.