Director at Franklin Covey (FC) makes 26,258-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Covey director Robert A. Whitman reported a bona fide gift of 26,258 common shares. The transaction took place on April 7, 2026 at a reported price of $0.00 per share, reflecting that this was a charitable or personal transfer rather than a market sale.
After the gift, Whitman directly owns 681,719 common shares of Franklin Covey Co., indicating he remains a significant shareholder. Because this was a gift, it does not represent an open-market sale and provides limited insight into his view of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,258 shares gifted
Mixed
1 txn
Insider
WHITMAN ROBERT A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common shares | 26,258 | $0.00 | -- |
Holdings After Transaction:
Common shares — 681,719 shares (Direct)
Footnotes (1)
Key Figures
Shares gifted: 26,258 shares
Gift price per share: $0.00 per share
Shares owned after transaction: 681,719 shares
3 metrics
Shares gifted
26,258 shares
Bona fide gift on April 7, 2026
Gift price per share
$0.00 per share
Reported transaction price for gifted shares
Shares owned after transaction
681,719 shares
Direct holdings following the gift
Key Terms
bona fide gift, Form 4, Common shares
3 terms
bona fide gift financial
"The transaction code is described as a bona fide gift."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Franklin Covey (FC) director Robert A. Whitman report in this Form 4?
Robert A. Whitman reported a bona fide gift of 26,258 Franklin Covey common shares. The transaction involved no sale proceeds and reflects a personal or charitable transfer, not a market trade, while he continues to hold a substantial share position.
Was the Franklin Covey (FC) transaction by Robert A. Whitman a sale on the open market?
No, the transaction is classified as a bona fide gift, not an open-market sale. The Form 4 shows a transaction price of $0.00 per share, indicating a transfer of shares without consideration, such as a charitable or personal stock gift.
Does Robert A. Whitman’s Franklin Covey (FC) stock gift signal a change in his ownership stance?
The filing shows Whitman gifted 26,258 shares but still holds 681,719 shares. Because this was a bona fide gift with no proceeds, it primarily reflects personal estate or charitable planning rather than a clear change in his investment view.