These shares were issued as restricted stock effective January 6, 2014, under the issuer's 2009 Incentive Plan. The shares vest January 6, 2019. The award is exempt from Section 16(b) under Rule 16b-3(d)(1).
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
BRT Realty Trust insider just disposed of 5,000 shares - Sept. 19, 2014