Boston Omaha director granted 5,252 shares
Director Frank H. Kenan II received an equity grant for Board service, increasing his direct Class A holdings in BOSTON OMAHA Corp to 14,896 shares.
Rhea-AI Filing Summary
BOSTON OMAHA Corp (symbol: BOC) is the issuer of record for a Form 4 filing submitted to the SEC. Kenan Frank H. II reported acquisition or exercise transactions in this Form 4 filing.
BOSTON OMAHA Corp (BOC) reported that director Frank H. Kenan II received a grant of 5,252 shares of Class A common stock on September 14, 2026 under the company’s 2022 Long-Term Incentive Plan for Board service, at a reference value of $13.71 per share. Following this award, he directly holds 14,896 Class A shares, in addition to indirect holdings through KD Capital, L.P., individual retirement accounts, and a trust as described in the footnotes; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,252 shares
Grant/Award
4 txns
Insider
Kenan Frank H. II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.001 per share F1 | 5,252 | $13.71 | $72K |
| holding | Class A common stock, par value $0.001 per share F2 | -- | -- | -- |
| holding | Class A common stock, par value $0.001 per share F3 | -- | -- | -- |
| holding | Class A common stock, par value $0.001 per share F4 | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 14,896 shares (Direct);
Class A common stock, par value $0.001 per share — 431,833 shares (Indirect, See footnote)
Footnotes (4)
- F1. The Reporting Person was granted 5,252 shares of Class A common stock pursuant to the Boston Omaha Corporation 2022 Long-Term Incentive Plan for services as a member of the Board of Directors.
- F2. The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein.
- F3. The reported shares are owned in individual retirement accounts for the benefit of Mr. Kenan.
- F4. The reported shares are directly owned by a trust under which Frank H. Kenan II is both the trustee and a beneficiary. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein.
Key Figures
Shares granted: 5,252 shares
Grant reference price: $13.71 per share
Direct holdings after transaction: 14,896 shares
+2 more
5 metrics
Shares granted
5,252 shares
Grant of Class A common stock on September 14, 2026
Grant reference price
$13.71 per share
Value used for the 5,252-share grant
Direct holdings after transaction
14,896 shares
Class A common stock directly owned after the grant
Acquisition transactions reported
1 transaction
Grant, award, or other acquisition of non-derivative shares
Holding entries reported
3 entries
Indirect holdings through KD Capital, IRAs, and a trust
Key Terms
indirect beneficial ownership, Long-Term Incentive Plan, individual retirement accounts, general partner, +1 more
5 terms
indirect beneficial ownership financial
"Mr. Kenan could be deemed to have indirect beneficial ownership of the shares"
Long-Term Incentive Plan financial
"pursuant to the Boston Omaha Corporation 2022 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
individual retirement accounts financial
"The reported shares are owned in individual retirement accounts"
An individual retirement account (IRA) is a personal savings account with special tax rules designed to help people build money for retirement; think of it as a piggy bank that comes with tax benefits or deferred taxes depending on the account type. It matters to investors because IRAs influence how much can be saved each year, which investments are held long term, and when taxes are paid, all of which affect long-term growth and retirement income planning.
general partner financial
"KD Capital Management, LLC, which is the general partner of KD Capital, L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
trustee financial
"directly owned by a trust under which Frank H. Kenan II is both the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BOC disclose for director Frank H. Kenan II?
BOC disclosed that director Frank H. Kenan II received a grant of 5,252 Class A shares on September 14, 2026 as compensation for service on the Board under the 2022 Long-Term Incentive Plan.
At what price was the equity grant to the BOC director valued?
The grant of 5,252 BOC Class A shares to the director was reported with a price per share of $13.71, which is a reference value used for the Form 4 disclosure.
Does the BOC Form 4 indicate any indirect holdings for the reporting person?
Yes. The filing notes indirect beneficial ownership of BOC shares through KD Capital, L.P., individual retirement accounts for the director’s benefit, and a trust where he is trustee and beneficiary.
Was the BOC insider transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this equity grant.
What plan was used for the BOC director’s stock grant?
The 5,252-share grant was made under the Boston Omaha Corporation 2022 Long-Term Incentive Plan, as compensation for services as a member of the Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
