BRT Apartments Corp. Reports Leadership Changes
Ticker: BRT · Form: 8-K · Filed: Sep 11, 2025 · CIK: 14846
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, compensation
TL;DR
BRT Apartments Corp. filed an 8-K detailing director departures, new elections, officer appointments, and compensation changes.
AI Summary
BRT Apartments Corp. filed an 8-K on September 11, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing details changes within the company's leadership and executive compensation structures.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Leadership changes and adjustments to compensatory arrangements can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- BRT Apartments Corp. (company) — Registrant
- September 11, 2025 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of incorporation
- 60 Cutter Mill Road, Suite 303, Great Neck, New York 11021 (address) — Principal executive offices
FAQ
What specific officer positions were affected by the appointments reported in the 8-K?
The filing indicates the appointment of certain officers, but the specific positions are not detailed in the provided text.
Were there any director resignations or new director elections mentioned?
Yes, the filing explicitly mentions the departure of directors or certain officers and the election of directors.
What is the primary business of BRT Apartments Corp.?
BRT Apartments Corp. is a Real Estate Investment Trust (REIT) as indicated by its SIC code [6798].
When was BRT Apartments Corp. incorporated?
The company was incorporated in Maryland.
What is the IRS Employer Identification Number (EIN) for BRT Apartments Corp.?
The EIN for BRT Apartments Corp. is 13-2755856.
Filing Stats: 762 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2025-09-11 16:11:03
Filing Documents
- brt-20250911.htm (8-K) — 25KB
- 0000014846-25-000033.txt ( ) — 141KB
- brt-20250911.xsd (EX-101.SCH) — 2KB
- brt-20250911_lab.xml (EX-101.LAB) — 22KB
- brt-20250911_pre.xml (EX-101.PRE) — 13KB
- brt-20250911_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 11, 2025, our board of directors appointed Matthew Gibbons to serve as our chief accounting officer and Isaac Kalish to serve as our chief financial officer. Mr. Gibbons's appointment was effective immediately and Mr. Kalish's appointment is effective upon the retirement of our current chief financial officer, George Zweier. It is anticipated that Mr. Zweier will retire in the first quarter of 2026. Matthew Gibbons, 41, a certified public accountant, has served as a Director of Audit and Assurance at BDO US LLP from 2015 to 2023 (including the period at which BDO served as our independent auditor) and at Baker Tilly US LLP from January 2023 until the commencement of his employment with us in July 2024. Isaac Kalish, 49, a certified public accountant, has been associated with us since 2004, served as our Assistant Treasurer from 2007 through 2014, as our Vice President and Treasurer since 2013 and 2014, respectively, and as our Senior Vice President since 2022. He also serves (as more fully described in our Filings (as defined below)) in various capacities at related entities including One Liberty Properties, Inc. and at Gould Investors L.P. (including its manager Georgetown Partners LLC). There are no arrangements or understandings between Messrs. Gibbons and Kalish and any other person pursuant to which they will serve in the capacities and at the times indicated. Mr. Gibbons does not have any family relationship with any director or officer of ours or any other person nominated or chosen by us to become a director or executive officer, and there are no transactions in which he has an interest requiring disclosure under Item 404(a) of Regulation S-K. Isaac Kalish is the son of David W. Kalish, our Senior Vice President-Finance, and the transactions in which Isaac Kalish has an interest requi