Ark Restaurants CEO sells 176,701 shares at $4.57
The reported post-transaction position was 856,111 shares, and the shares sold were held indirectly through SamEmma Ventures, LLC.
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Rhea-AI Filing Summary
ARK Restaurants Corp. Chairman & CEO Michael Lawrence Weinstein reported a sale of 176,701 shares of common stock held indirectly through SamEmma Ventures, LLC, on September 24, 2026, at $4.57 per share. The reported post-transaction position was 856,111 shares. A footnote states Weinstein had a 50% interest (53,844 shares) in securities held by the LLC.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 176,701 | $4.57 | $808K |
Footnotes (2)
- F1. Includes: (i) 1,650 shares held by The Weinstein Foundation, a private foundation for which the Reporting Person acts as a trustee and has shared investment and voting power, (ii) 392,538 shares directly owed by the Reporting Person; (iii) 35, 000 shares directly owned by the Reporting Person and are held in an IRA; and (iv) 4000,000 shares beneficially owned indirectly by the Reporting Person through a limited liability company for the benefit of certain family members of the Reporting Person, in which the Reporting Person has a 10% interest and sole voting power and does not include 6,250 shares issuable to the Reporting Person pursuant to stock options that are currently exercisable.
- F2. The Reporting Person has a 50% interest (53,844 shares) with respect to the securities held in this limited liability company.
Key Figures
Key Terms
beneficially owned regulatory
trustee regulatory
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