Endeavor Foundation moves CET stake with 38,200-share gift in CENTRAL SECURITIES (CET) filing
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 38,200 shares of Common Stock on June 18, 2026. After this gift transfer, the foundation directly holds 9,481,635 shares of Central Securities Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
38,200 shares gifted
Mixed
1 txn
Insider
ENDEAVOR FOUNDATION, INC.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 38,200 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,481,635 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 38,200 shares
Price per share: $0.0000
Shares held after transaction: 9,481,635 shares
+1 more
4 metrics
Shares gifted
38,200 shares
Bona fide gift of Central Securities Corp Common Stock on June 18, 2026
Price per share
$0.0000
Reported transaction price for the gifted shares
Shares held after transaction
9,481,635 shares
Endeavor Foundation direct holdings following the gift
Gift transactions count
1 transaction
Single bona fide gift reported in this Form 4
Key Terms
Bona fide gift, Common Stock, ten percent owner
3 terms
Bona fide gift financial
"The transaction code G is described 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 Form 4 identifies the security title as 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 identified as a ten percent owner."
FAQ
What did Endeavor Foundation report in its Form 4 for CENTRAL SECURITIES CORP (CET)?
Endeavor Foundation reported a bona fide gift of 38,200 shares of CENTRAL SECURITIES CORP common stock. The transaction used code G, indicating a charitable or similar gift transfer rather than a market sale or purchase.
Was the Endeavor Foundation CET transaction a market sale or purchase?
The Endeavor Foundation transaction was not a market sale or purchase. It was coded G as a bona fide gift, meaning shares were transferred without consideration rather than traded on the open market.
What type of security did Endeavor Foundation transfer in the CET Form 4 filing?
Endeavor Foundation transferred Central Securities Corp common stock in the reported transaction. The Form 4 specifies the security title as “Common Stock” and describes the event as a bona fide gift of 38,200 shares.