Meng Justin 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 Director Justin Meng Receives 1,584-Share Award

What Happened

Justin Meng, a director of First Real Estate Investment Trust of New Jersey, Inc. (FREVS), was awarded 1,584 shares of FREVS common stock on March 12, 2026. The shares were granted at $0.00 per share (total cash consideration $0) as an equity award under the company's Equity Incentive Plan of 1998.

Key Details

Transaction date: 2026-03-12; Filing date: 2026-03-13 (timely Form 4 filing).
Transaction type/code: Award/Grant (A).
Shares acquired: 1,584; Price per share: $0.00; Total cash paid: $0.
Award approved by the Board upon recommendation of the Compensation Committee (per filing footnote).
Shares owned after the reported transaction: not specified in the information provided.
Relevant footnotes:
- F1: Historical note on FREVS's 2021 reincorporation and 1-for-1 conversion of prior beneficial interests to common stock.
- F2: Confirms the award was made under the 1998 Equity Incentive Plan and approved by the Board/Compensation Committee.
- F3: Some shares are held in an IRA for the benefit of Mr. Meng’s wife, Christine Lee Yoon; Mr. Meng disclaims beneficial ownership of those IRA-held shares.

Context

This was a compensation award (not an open-market buy or sale). Such grants are often part of director compensation and do not by themselves indicate a personal purchase or sale decision.
No exercise, sale, or cashless transaction occurred in this filing.

Form 4

Period: 2026-03-12

Director

Transactions

Award
Common Stock, par value $0.01 per share
[F1][F2]
2026-03-12+1,584→ 70,847 total

Holdings

Footnotes (3)

[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.
[F3]Shares held by an IRA for the benefit of Mr. Meng's wife, Christine Lee Yoon. Mr. Meng disclaims beneficial ownership of the shares held by the IRA.

Signature

/s/ Justin F. Meng|2026-03-13

1 file