Endeavor Foundation gifts 30,820 Central Securities Corp (CET) shares
Rhea-AI Filing Summary
Endeavor Foundation, Inc., a ten percent owner of Central Securities Corp, reported a bona fide gift transfer of 30,820 shares of common stock on 2026-07-21. Following this disposition, Endeavor Foundation directly holds 9,450,785 shares of Central Securities Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,820 shares
Net Sell
1 txn
Insider
ENDEAVOR FOUNDATION, INC.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 30,820 | -- | -- |
Holdings After Transaction:
Common Stock — 9,450,785 shares (Direct)
Footnotes (1)
- F1. Bonafide gift.
Key Figures
Gifted Shares: 30,820 shares
Shares Held After Transaction: 9,450,785 shares
Gift Transactions Reported: 1
+1 more
4 metrics
Gifted Shares
30,820 shares
Bona fide gift of common stock on 2026-07-21
Shares Held After Transaction
9,450,785 shares
Direct holdings of Endeavor Foundation, Inc. following the gift
Gift Transactions Reported
1
Number of bona fide gift transactions in this Form 4
Net Buy/Sell Shares
0 shares
Net buy or sell activity in this filing, excluding gifts
Key Terms
bona fide gift, ten percent owner, transaction code G
3 terms
bona fide gift financial
"Footnote F1 states: 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.
ten percent owner financial
"Endeavor Foundation, Inc. is marked as a ten percent owner."
transaction code G financial
"Transaction code G corresponds to a bona fide gift."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Endeavor Foundation, Inc. report for Central Securities Corp (CET)?
Endeavor Foundation, Inc., a ten percent owner of Central Securities Corp (CET), reported a bona fide gift of 30,820 shares of common stock on 2026-07-21, leaving it with 9,450,785 shares held directly after the transaction.
What is Endeavor Foundation, Inc.’s remaining stake in CET after the gift?
After the reported 30,820-share gift, Endeavor Foundation, Inc. directly holds 9,450,785 shares of Central Securities Corp common stock. This figure reflects its direct ownership position immediately following the bona fide gift transaction.
Was the Central Securities Corp (CET) Form 4 transaction a sale or a gift?
The reported transaction is a bona fide gift, not a market sale. It is coded as G with a disposition direction, indicating a transfer of 30,820 shares of common stock given away rather than sold for cash.
Does this CET Form 4 indicate use of a Rule 10b5-1 trading plan?
The report’s Rule 10b5-1 checkbox is not marked as a plan transaction, and the footnote describes the event simply as a bona fide gift. The gift is therefore not reported as executed under a pre-arranged trading plan.