Escalade (ESCA) CEO Patrick Griffin reports 2,000-share stock gifts, large indirect holdings
Rhea-AI Filing Summary
Escalade Inc. President & CEO Patrick J. Griffin reported gift transactions and updated indirect holdings of company common stock. On June 11, 2026, he made two bona fide gifts totaling 2,000 shares of Escalade common stock, one from direct holdings and one associated with an adult son.
Following these gifts, Griffin’s reported positions include 579,455.229 direct shares and several indirect holdings: 300,000 shares held by a revocable trust, 1,326,736 shares by a family limited partnership, 614,964.629 shares by an irrevocable trust, and 1,289 shares held via a UTMA custodial account for an adult daughter. Footnotes state he disclaims beneficial ownership of many of these indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares gifted
Gift
6 txns
Insider
Griffin Patrick J
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,000 | $0.00 | $0.00 |
| Gift | Common Stock | 1,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 579,455.229 shares (Direct);
Common Stock — 4,289 shares (Indirect, By adult son);
Common Stock — 1,289 shares (Indirect, by UTMA custodian for adult daughter);
Common Stock — 614,964.629 shares (Indirect, By Irevocable Trust);
Common Stock — 1,326,736 shares (Indirect, By Family Limited Partnership);
Common Stock — 300,000 shares (Indirect, By Revocable Trust)
Footnotes (5)
- F1. Mr. Griffin disclaims beneficial interest in shares held by his adult son, except to the extent of his pecuniary interest therein.
- F2. Mr. Griffin disclaims beneficial interest in shares held by his adult daughter, except to the extent of his pecuniary interest therein.
- F3. Mr. Griffin disclaims beneficial ownership in shares held by an irrevocable trust (previously owned by his late father), except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 614,964.629 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary.
- F4. This reporting person disclaims beneficial ownership in shares held by the family limited partnership, except to the extent of his pecuniary interest therein.
- F5. Mr. Griffin disclaims beneficial ownership in shares held by a revocable trust owned by his mother, except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 300,000 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary.
Key Figures
Gifted shares: 2,000 shares
Gift to adult son: 1,000 shares
Direct holdings after gift: 579,455.229 shares
+5 more
8 metrics
Gifted shares
2,000 shares
Total bona fide gifts of common stock on June 11, 2026
Gift to adult son
1,000 shares
Indirect holding by adult son after bona fide gift
Direct holdings after gift
579,455.229 shares
Direct Escalade common stock position following June 11, 2026 gifts
Revocable trust holdings
300,000 shares
Indirect holdings via revocable trust where mother is beneficiary
Family limited partnership
1,326,736 shares
Indirect holdings via family limited partnership
Irrevocable trust holdings
614,964.629 shares
Indirect holdings via irrevocable trust where mother is beneficiary
UTMA custodial account
1,289 shares
Indirect holdings as UTMA custodian for adult daughter
Shares held by adult son
4,289 shares
Indirect holdings reported as held by adult son after gift
Key Terms
bona fide gift, family limited partnership, revocable trust, irrevocable trust, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "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.
family limited partnership financial
"nature_of_ownership": "By Family Limited Partnership""
revocable trust financial
"held by a revocable trust owned by his mother"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
irrevocable trust financial
"shares held by an irrevocable trust (previously owned by his late father)"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
UTMA custodial account financial
"by UTMA custodian for adult daughter"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Escalade (ESCA) CEO Patrick J. Griffin report?
Patrick J. Griffin reported two bona fide gift transactions totaling 2,000 shares of Escalade common stock. These are non-market transfers coded as gifts, not open-market purchases or sales, and therefore do not represent trading activity in the company’s stock.
What are Patrick J. Griffin’s direct Escalade (ESCA) holdings after these gifts?
After the reported gifts, Patrick J. Griffin directly holds 579,455.229 Escalade common shares. This figure reflects his remaining direct ownership position as shown in the filing and is separate from the larger blocks reported as indirectly owned through various trusts and partnerships.
What indirect Escalade (ESCA) holdings does Patrick J. Griffin report?
Patrick J. Griffin reports several indirect Escalade positions: 300,000 shares via a revocable trust, 1,326,736 shares via a family limited partnership, 614,964.629 shares via an irrevocable trust, 4,289 shares via his adult son, and 1,289 shares via a UTMA custodial account for his adult daughter.
Were the Escalade (ESCA) insider transactions open-market trades?
No. The Form 4 shows transaction code G, indicating bona fide gifts of 2,000 shares. Gifts are non-market dispositions and do not involve buying or selling shares on an exchange, so they carry different implications than open-market purchases or sales.