AIELLO JOHN A 4

4 · FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

FREVS Secretary John Aiello Receives 1,584-Share Award

What Happened

John A. Aiello, Secretary and Director of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was awarded 1,584 shares of common stock on 2026-03-12.
The reported acquisition price is $0.00 per share (total value reported $0), indicating these shares were granted as compensation under the company’s equity plan rather than purchased.

Key Details

Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed the next day).
Transaction type/code: A — Award/Grant.
Shares acquired: 1,584; Price per share: $0.00; Total reported cash value: $0.
Shares owned after transaction: Not specified in the provided filing summary.
Footnotes:
- F2: Award issued under FREIT’s Equity Incentive Plan of 1998, approved by the Board upon recommendation of the Compensation Committee.
- F1: Historical note about FREIT’s 2021 reincorporation and 1-for-1 conversion of beneficial interests to common stock (context only).

Context

This was a compensation award, not an open-market purchase or sale. Such grants are common for executives and directors as part of pay/retention and do not by themselves indicate buying or selling sentiment.
No options were exercised, no shares were sold, and no tax-withholding or other transfer actions were reported in the provided summary.

Form 4

Period: 2026-03-12

DirectorSecretary

Transactions

Award
Common Stock, par value $0.01 per share
[F1][F2]
2026-03-12+1,584→ 29,297 total

Footnotes (2)

[F1]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.
[F2]Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.

Signature

/s/ John A. Aiello|2026-03-13

1 file