Executive sale details
Lawrence Ricketts, who serves as Executive Vice President and Chief Operating Officer of One Liberty Properties INC (NYSE: OLP), reported the sale of 2,999 common shares on April 2, 2026, in a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $21.8597, with individual trades executed between $21.70 and $22.00, yielding total proceeds of $65,557.
Following the disposition, Ricketts retains a direct ownership stake of 177,521.863 shares in One Liberty Properties INC.
Market context
At the time of reporting, One Liberty's stock is trading at $22.02 and has gained nearly 11% year-to-date. The article notes that InvestingPro analysis indicates the shares may be overvalued at current market levels.
Acquisition and portfolio additions
In a separate corporate disclosure, One Liberty Properties announced the acquisition of ten industrial properties with a combined area of 637,633 square feet for $56.7 million. The company indicated that the properties are fully leased to tenants including Mondelez Global and Bimbo Bakeries USA, and that the acquired leases have an average remaining term of 3.1 years.
For the 12-month period ending January 31, 2027, One Liberty expects to collect approximately $4.1 million in base rent from these properties. The company also disclosed that these leases include annual rent escalations in the range of 2.4% to 3.0%.
Financing for the purchase
One Liberty financed the acquisition with a combination of a $17 million mortgage at a fixed rate of 5.53% and approximately $30 million drawn from its credit facility at a floating rate of 5.45%.
Dividend declaration
The company’s Board of Directors declared a quarterly dividend of $0.45 per share, which represents the REIT's 133rd consecutive quarterly dividend. This dividend is payable on April 6, 2026, to shareholders of record as of March 27, 2026.
Company overview in context
The report reiterates that One Liberty Properties offers an 8.16% dividend yield and has maintained dividend payments for 36 consecutive years. The recent insider sale, property acquisition and dividend action are presented as part of the REIT's ongoing strategic and financial activity.
Note on sources
The facts reported here are taken from the company filings and disclosures referenced above.