Comfort Systems USA (FIX) director reports charitable stock gift and ownership shift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMFORT SYSTEMS USA INC director Franklin Myers reported a charitable stock gift and an internal ownership transfer. He made a bona fide gift of 273 shares of common stock at a stated price of $0.00 per share, described as a charitable donation. After this, he held 68,815 shares directly and 12,495 shares indirectly through a partnership interest, reflecting a shift from direct to indirect beneficial ownership in a transaction exempt from Section 16 under Rule 16a-13.
Positive
- None.
Negative
- None.
Insider Trade Summary
273 shares gifted
Mixed
2 txns
Insider
MYERS FRANKLIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 273 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 68,815 shares (Direct, null);
Common Stock — 12,495 shares (Indirect, Partnership Interest)
Footnotes (1)
- This transaction represents a charitable donation. The shares held indirectly were transferred from direct to indirect beneficial ownership in a transaction exempt from Section 16 pursuant to Rule 16a-13.
Key Figures
Charitable gift: 273 shares
Gift price: $0.00 per share
Direct holdings after: 68,815 shares
+2 more
5 metrics
Charitable gift
273 shares
Bona fide gift of common stock
Gift price
$0.00 per share
Stated price for gifted shares
Direct holdings after
68,815 shares
Direct ownership following gift
Indirect holdings after
12,495 shares
Indirect partnership interest holdings
Total gifted shares
273 shares
GiftShares in transaction summary
Key Terms
bona fide gift, charitable donation, indirect beneficial ownership, Rule 16a-13, +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.
charitable donation financial
"This transaction represents a charitable donation."
indirect beneficial ownership financial
"transferred from direct to indirect beneficial ownership in a transaction exempt"
Rule 16a-13 regulatory
"exempt from Section 16 pursuant to Rule 16a-13"
Partnership Interest financial
"nature_of_ownership: "Partnership Interest""
FAQ
What did COMFORT SYSTEMS USA (FIX) director Franklin Myers report in this Form 4?
Franklin Myers reported a charitable gift of company stock and an internal ownership transfer. He gifted 273 shares of common stock and also moved shares from direct to indirect beneficial ownership through a partnership interest under Rule 16a-13.
What are Franklin Myers’ COMFORT SYSTEMS USA (FIX) holdings after these transactions?
After the reported transactions, Franklin Myers held 68,815 COMFORT SYSTEMS USA common shares directly and 12,495 shares indirectly. The indirect holdings are through a partnership interest, reflecting a transfer from direct to indirect beneficial ownership under an exempt Rule 16a-13 transaction.
Was the COMFORT SYSTEMS USA (FIX) Form 4 transaction an open-market sale or purchase?
The filing does not show any open-market purchase or sale. Instead, it reports a bona fide gift of 273 shares and an internal transfer from direct to indirect beneficial ownership, which was exempt from Section 16 under Rule 16a-13.