Endeavor Foundation gifts 19,000 CENTRAL SECURITIES (NYSE: CET) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Endeavor Foundation, Inc., a ten percent owner of Central Securities Corp, reported a bona fide gift of 19,000 shares of Common Stock on May 19, 2026. The gift carried a reported price of $0.00 per share, reflecting that this was a non-market transfer. After the transaction, Endeavor Foundation directly held 9,519,835 Common shares, indicating the gifted amount was a small fraction of its overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,000 shares gifted
Mixed
1 txn
Insider
ENDEAVOR FOUNDATION, INC.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 19,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,519,835 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 19,000 shares
Price per share: $0.00 per share
Shares held after transaction: 9,519,835 shares
+2 more
5 metrics
Shares gifted
19,000 shares
Bona fide gift of Common Stock on May 19, 2026
Price per share
$0.00 per share
Reported value for gifted Central Securities common shares
Shares held after transaction
9,519,835 shares
Endeavor Foundation direct holdings following gift
Gift transactions count
1 transaction
Single bona fide gift reported in this Form 4
Total shares gifted in filing
19,000 shares
GiftShares in transaction summary
Key Terms
bona fide gift, Common Stock, ten percent owner, Form 4
4 terms
bona fide gift financial
"Transaction code description and footnote classify the transfer as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"The security title for the reported transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner financial
"Endeavor Foundation, Inc. is indicated as a ten percent owner of the issuer."
Form 4 regulatory
"Insider Filing Data (Form 4) summarizes Endeavor Foundation’s gift transaction."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Endeavor Foundation report in CET stock?
Endeavor Foundation reported a bona fide gift of 19,000 shares of Central Securities Corp common stock. The transaction, coded as a gift, was recorded at $0.00 per share and reflects a non-market transfer rather than an open-market trade.
What does the Form 4 gift code mean for Central Securities (CET)?
The Form 4 uses transaction code “G” to classify Endeavor Foundation’s transfer as a bona fide gift. This indicates a disposition without sale proceeds, distinguishing it from open-market buying or selling activity in Central Securities Corp common stock.
Is Endeavor Foundation considered a major holder of Central Securities Corp (CET)?
Yes. In the filing, Endeavor Foundation is identified as a ten percent owner of Central Securities Corp. Even after gifting 19,000 shares, it directly holds 9,519,835 common shares, confirming its role as a significant shareholder in the company.