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Endeavor Foundation gifts 19,200 Central Securities (CET) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Endeavor Foundation, Inc., a more than 10% owner of Central Securities Corp (CET), reported a bona fide gift of 19,200 shares of common stock on February 26, 2026. The transfer carried a reported price of $0.00 per share, reflecting its gift status. After this disposition, Endeavor Foundation directly held 9,577,745 CET common shares, indicating it remains a very large shareholder despite the charitable transfer.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ENDEAVOR FOUNDATION, INC.

(Last) (First) (Middle)
1060 PARK AVE

(Street)
NEW YORK NY 10028

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CENTRAL SECURITIES CORP [ CET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 G 19,200 D (1) 9,577,745 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Bona fide gift.
/s/Marlene A. Krumholz as Attorney-in-Fact for Endeavor Foundation, Inc. 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Endeavor Foundation report in its latest Form 4 for CET?

Endeavor Foundation reported making a bona fide gift of 19,200 shares of Central Securities Corp (CET) common stock. The transaction was recorded at $0.00 per share, consistent with a charitable transfer, and was coded as a gift disposition rather than an open-market sale.

How many Central Securities Corp (CET) shares did Endeavor Foundation gift?

Endeavor Foundation gifted 19,200 shares of Central Securities Corp (CET) common stock. The filing labels this as a bona fide gift transaction, meaning no sale proceeds were reported, and the shares were transferred without consideration to the recipient entity or individual.

How many CET shares does Endeavor Foundation own after this Form 4 transaction?

After the reported gift of 19,200 CET shares, Endeavor Foundation directly holds 9,577,745 shares of Central Securities Corp common stock. This indicates that, despite the charitable transfer, it continues to be a major shareholder with a very large remaining equity position in the company.

Was the Endeavor Foundation Form 4 transaction a sale or a gift of CET shares?

The transaction was a bona fide gift of Central Securities Corp (CET) shares, not an open-market sale. It is coded as a gift transfer, with a reported price of $0.00 per share, reflecting that Endeavor Foundation did not receive cash proceeds for these 19,200 shares.

Does the Endeavor Foundation gift change its status as a major CET shareholder?

The gift does not change Endeavor Foundation’s status as a major CET shareholder. Following the 19,200-share gift, it still directly owns 9,577,745 Central Securities Corp common shares, which keeps it well above the 10% ownership threshold identified in the Form 4 metadata.
Central Securities Corporation

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