Artinian Maintains 6.1% Stake in FIRST REAL ESTATE INVESTMENT TRUST OF NJ

TL;DR

**Artinian still owns 6.1% of FRNJ, showing he's holding strong.**

AI Summary

Ronald J. Artinian, a significant investor, has updated his holdings in FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, Inc. (FRNJ) as of December 31, 2023. This amendment (SC 13G/A) shows he beneficially owns 544,157 shares of common stock, representing 6.1% of the company. This matters to investors because it indicates a continued, substantial stake by a key individual, suggesting confidence in the company's long-term prospects, or at least a maintained position, which can influence market perception.

Why It Matters

This filing confirms a major investor's continued significant ownership, which can be seen as a vote of confidence or a stable holding, potentially influencing other investors' perceptions of the stock's stability.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership stake by an individual, which generally reduces volatility risk.

Analyst Insight

An investor should note that a significant individual shareholder is maintaining their position, which could signal stability. However, this filing doesn't indicate any new buying or selling activity, so further research into the company's fundamentals and recent news is warranted before making investment decisions.

Key Numbers

• 544,157 — Shares Beneficially Owned (Represents Ronald J. Artinian's total stake in FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY.)
• 6.1% — Percentage of Class (Indicates the significant proportion of the company's common stock owned by Ronald J. Artinian.)
• 539,607 — Sole Voting Power Shares (The number of shares Ronald J. Artinian can vote on his own.)
• $0.01 — Par Value per Share (The nominal value of each common stock share of FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY.)
• December 31, 2023 — Event Date (The date as of which the reported share ownership is accurate.)

Key Players & Entities

• Ronald J. Artinian (person) — Reporting Person, beneficial owner of shares in FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
• FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, Inc. (company) — The Issuer whose securities are being reported on
• 544,157 (dollar_amount) — Aggregate amount of shares beneficially owned by Ronald J. Artinian
• 6.1% (dollar_amount) — Percentage of the class of securities beneficially owned by Ronald J. Artinian
• December 31, 2023 (date) — Date of event which requires filing of this statement

Forward-Looking Statements

• Ronald J. Artinian will maintain a significant stake in FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY for the foreseeable future. (Ronald J. Artinian) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (1) (Title of Class of Secu

Filing Documents

• sc13ga-31312_ra.htm (SC 13G/A) — 36KB
• 0001174947-24-000007.txt ( ) — 37KB

If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Act; (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940; (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Page 3 of 6

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 544,157 Shares (4) . (b) Percent of class: 7.3% (5) . (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 539,607 (3) . (ii) Shared power to vote or to direct the vote 0 . (iii) Sole power to dispose or to direct the disposition of 539,607 (3) . (iv) Shared power to dispose or to direct the disposition of 0 .

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. Not applicable.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable. Page 4 of 6

Certifications

Item 10. Certifications. (a) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b): Not applicable. (b) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b)(1)(ii)(J), or if he statement is filed pursuant to Rule 13d-1(b)(ii)(K) and a member of the group is a non-U.S. institution eligible to file pursuant to Rule 13d-1(b)(1)(ii)(J): Not applicable. (c) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c): Not applicable. (1) 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 . (2) Except as may be otherwise specified herein, the information presented in this Amendment No. 14 to Schedule 13G is as of December 31, 2023. (3) Includes 52,504 shares held in Individual Retirement Accounts for the benefit of Mr. Artinian. (4) Includes 4,550 shares held by the reporting person’s son, for which the reporting person disclaims beneficial ownership. (5) Based on 7,449,583 shares outstanding as of January 2, 2024. Page 5 of 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 3, 2024 Date /s/ Ronald J. Artinian Signature Ronald J. Artinian, Chairman of the Board Name/Title Page 6 of 6

View Full Filing

View this SC 13G/A filing on SEC EDGAR