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SHARE-BASED PAYMENTS
6 Months Ended
Jul. 31, 2025
Equity [Abstract]  
SHARE-BASED PAYMENTS

16. SHARE-BASED PAYMENTS

 

The Trust compensates its three non-employee Trustees for their services through grants of restricted Shares. As compensation for our Fiscal Year 2026, (February 1, 2025 to January 31, 2026), on February 15, 2025, we issued 6,000 restricted Shares (with the aggregate grant date fair value of $7,200 per grant) to each of Messrs. Kutasi, Robson, and Marchi. These 18,000 Shares (6,000 each to the three Independent Trustees), vest in equal monthly amounts during Fiscal Year 2026.

 

See Note 2 – “Summary of Significant Accounting Policies” for information related to grants of restricted shares under “Stock-Based Compensation.”