{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-024391","form_type":"8-K","ticker":"BRT","cik":"0000014846","company_name":"BRT Apartments Corp.","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.005049+00:00","generated_at":"2026-06-15T02:24:41.335668+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"BRT Apartments enters into $40M at-the-market equity offering agreements; terminates prior agreements","bullets":["Entered into equity distribution agreements with B. Riley, JMP, Raymond James for ATM offering of up to $40M.","Sales agents receive commission of up to 2.0% of gross sales price; expense reimbursement up to $35K.","Prior ATM agreements dated March 2022 terminated effective May 12, 2023.","Shares issued under existing shelf registration statement (Form S-3).","Company may suspend sales at any time; no obligation to sell any shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-024391","json":"https://secwatch.observer/filing/0001140361-23-024391.json","markdown":"https://secwatch.observer/filing/0001140361-23-024391.md","text":"https://secwatch.observer/filing/0001140361-23-024391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/0001140361-23-024391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/ny20008782x4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:24:41.335668+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"298c95219882671ba09c3e67a431f51a23b23b4e","claim":"BRT Apartments Corp. entered into Sales Agreement with B. Riley Securities, Inc., JMP Securities LLC and Raymond James & Associates, Inc. valued at $40 million (effective 2023-05-12).","evidence_excerpt":"On May 12, 2023, we entered into separate Equity Distribution Agreements (each, a “Sales Agreement” and collectively, the “Sales Agreements”) with the Sales Agents (as defined), to sell shares of our common stock, par value $0.01 per share, (the “Shares”) having an aggregate sales price of up to $40 million, from time to time, through an “at the market” equity offering program under which B. Riley Securities, Inc., JMP Securities LLC and Raymond James & Associates, Inc., will each act as sales agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/0001140361-23-024391-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"B. Riley Securities, Inc., JMP Securities LLC and Raymond James & Associates, Inc."},{"label":"Value","value":"$40 million"},{"label":"Effective","value":"2023-05-12"}],"fact_type":"material_agreement"},{"claim_id":"9b1fed8e6b12c257288f5b55d51c0f1349b32e4f","claim":"BRT Apartments Corp. terminated a atm program with Raymond James & Associates, Inc., B. Riley Securities, Inc. and JMP Securities LLC (effective 2023-05-12).","evidence_excerpt":"Effective as of May 12, 2023, we terminated the equity distribution agreements dated March 18, 2022 between us and each of Raymond James & Associates, Inc., B. Riley Securities, Inc. and JMP Securities LLC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14846/000114036123024391/0001140361-23-024391-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Raymond James & Associates, Inc., B. Riley Securities, Inc. and JMP Securities LLC"},{"label":"Effective","value":"2023-05-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}