Director at INTEGRATED BIOPHARMA (INBP) gifts 11.2M shares via entities
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
INTEGRATED BIOPHARMA INC director William H. Milmoe reported bona fide gifts of 11,201,964 shares of Common Stock. The transactions were coded as gifts at $0.0000 per share, indicating non-cash transfers.
The filing notes that 8,966,547 shares were transferred from CD Financial, LLC to CDDS 2.0, LLC, a Florida LLC controlled by Damon DeSantis, and 2,235,417 shares were transferred from the Carl DeSantis Revocable Trust to the same LLC. Following these transfers, associated indirect holdings total 2,374,084 shares and Milmoe directly owns 138,667 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,201,964 shares gifted
Mixed
2 txns
Insider
Milmoe William H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,966,547 | $0.00 | -- |
| Gift | Common Stock | 2,235,417 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,374,084 shares (Indirect, Trustee or Officer);
Common Stock — 138,667 shares (Direct)
Footnotes (1)
- Represents 8,966,547 shares of Common Stock transferred from CD Financial, LLC, a Florida limited liability company, to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis. Includes 2,235,417 shares of Common Stock owned by the Carl DeSantis Revocable Trust and 138,667 owned by the Reporting Person directly. Represents 2,235,417 shares of Common Stock transferred from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.
Key Figures
Total gifted shares: 11,201,964 shares
Gift from CD Financial, LLC: 8,966,547 shares
Gift from Revocable Trust: 2,235,417 shares
+3 more
6 metrics
Total gifted shares
11,201,964 shares
Bona fide gifts of Common Stock reported on Form 4/A
Gift from CD Financial, LLC
8,966,547 shares
Transferred to CDDS 2.0, LLC controlled by Damon DeSantis
Gift from Revocable Trust
2,235,417 shares
Transferred from Carl DeSantis Revocable Trust to CDDS 2.0, LLC
Indirect holdings after transactions
2,374,084 shares
Total shares indirectly associated after gifts
Direct holdings after transactions
138,667 shares
Shares held directly by William H. Milmoe after gifts
Transaction price per share
$0.0000 per share
Price for both bona fide gift transactions
Key Terms
bona fide gift, indirect ownership, Revocable Trust, limited liability company, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
indirect ownership financial
""ownership_type": "indirect""
Revocable Trust financial
"Includes 2,235,417 shares of Common Stock owned by the Carl DeSantis Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
limited liability company financial
"CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
Common Stock financial
""security_title": "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.