Anterix Inc. (ATEX) director donates 1,887 shares to charity
Rhea-AI Filing Summary
Director William Heard of Anterix Inc. reported a bona fide gift of 1,887 shares of Common Stock on December 29, 2025, as a charitable donation to a Donor Advised Fund. After this transfer, he holds 9,365 shares directly and 1,716,738 shares indirectly through funds managed by Heard Capital LLC, for which beneficial ownership is disclaimed except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,887 shares
Net Sell
2 txns
Insider
Heard William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $0.0001 per share ("Common Stock") F1 | 1,887 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share ("Common Stock") — 9,365 shares (Direct);
Common Stock — 1,716,738 shares (Indirect, By Heard Capital LLC)
Footnotes (2)
- F1. Represents a charitable donation of shares to a Donor Advised Fund.
- F2. These securities are held by certain investment funds and/or accounts for which Heard Capital LLC serves as investment manager. The Reporting Person is the ultimate beneficial owner of Heard Capital LLC. Each of Heard Capital LLC and the Reporting Person disclaims beneficial ownership of the securities to which this filing relates for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of his or its pecuniary interest therein.
Key Figures
Shares gifted: 1,887 shares
Direct holdings after transaction: 9,365 shares
Indirect holdings via Heard Capital LLC: 1,716,738 shares
+1 more
4 metrics
Shares gifted
1,887 shares
Bona fide gift of Common Stock on December 29, 2025
Direct holdings after transaction
9,365 shares
Common Stock held directly by William Heard after the charitable gift
Indirect holdings via Heard Capital LLC
1,716,738 shares
Common Stock held indirectly by funds/accounts managed by Heard Capital LLC
Per-share value reported for gift
0.0000
Per-share transaction price for the bona fide gift of 1,887 shares
Key Terms
bona fide gift, Donor Advised Fund, pecuniary interest, indirect ownership
4 terms
bona fide gift regulatory
"Transaction code description is "Bona fide gift" for the 1,887-share transfer"
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.
Donor Advised Fund financial
"Footnote F1 states the shares were donated to a Donor Advised Fund"
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
pecuniary interest financial
"Footnote F2 disclaims beneficial ownership except to the extent of pecuniary interest"
indirect ownership financial
"1,716,738 shares listed as indirect ownership "By Heard Capital LLC""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Anterix (ATEX) director William Heard report in this Form 4?
William Heard reported a bona fide gift of Anterix Common Stock. He donated 1,887 shares on December 29, 2025 to a charitable Donor Advised Fund, reducing his directly held share count while maintaining significant indirect holdings through Heard Capital LLC–managed funds.
What indirect Anterix (ATEX) holdings through Heard Capital LLC are disclosed?
The filing lists 1,716,738 Anterix shares as indirectly held "By Heard Capital LLC." These securities are in funds or accounts managed by Heard Capital LLC, and both Heard Capital LLC and Heard disclaim beneficial ownership except to the extent of any pecuniary interest.