Marc G. Elliott (GENC) reports 2.0M-share gifted stake via family partnership

Rhea-AI Filing Summary

GENCOR INDUSTRIES INC director and President Marc G. Elliott filed an amended insider report to correct the transaction date and reflect a large gifted position held indirectly. The Form 4/A shows a bona fide gift transaction involving 2,022,477 shares of Class B Common Stock on May 1, 2026, reported as an indirect holding "By FLP." A footnote explains that on May 1, 2026, Elliott was assigned interests in E.J. Elliott, LLC, making him the majority member and manager of the LLC, which is the sole general partner of the E.J. Elliott Family Limited Partnership that holds these shares, and he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

2,022,477 shares gifted

Mixed 1 txn

Insider ELLIOTT MARC G

Role President and Chairman

Type	Security	Shares	Price	Value
Gift	Class B Common Stock	2,022,477	$0.00	--

Holdings After Transaction: Class B Common Stock — 2,022,477 shares (Indirect, By FLP)

Footnotes (1)

1. On May 5, 2026, the Reporting Person filed a Form 4 (the "Original Form 4") which inadvertently indicated that the date of earliest transaction required to be reported was 05/01/2016. The correct date of earliest transaction required to be reported is 05/01/2026. This amendment is being filed to correct the date of the earliest transaction required to be reported. On May 1, 2026, the reporting person was assigned interests in E.J. Elliott, LLC ("LLC") through a bona fide gift, making him the majority member and the manager of LLC, which is the sole general partner of E.J. Elliott Family Limited Partnership ("FLP"). The reporting person disclaims beneficial ownership of these shares held by FLP except to the extent of his pecuniary interest therein.

Key Figures

Gifted shares: 2,022,477 shares Shares held after transaction: 2,022,477 shares Price per share: $0.00 per share +2 more

5 metrics

Gifted shares 2,022,477 shares Bona fide gift of Class B Common Stock on May 1, 2026

Shares held after transaction 2,022,477 shares Indirectly owned, nature of ownership "By FLP" following transaction

Price per share $0.00 per share Reported transaction price for the bona fide gift

Gift transactions count 1 transaction TransactionSummary shows one bona fide gift disposition

Gifted share total 2,022,477 shares TransactionSummary giftShares for this Form 4/A

Key Terms

bona fide gift, Family Limited Partnership, disclaims beneficial ownership, indirect ownership, +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

"which is the sole general partner of E.J. Elliott Family Limited Partnership ("FLP")"

disclaims beneficial ownership financial

"The reporting person disclaims beneficial ownership of these shares held by FLP"

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership": "By FLP""

Form 4/A regulatory

"This amendment is being filed to correct the date of the earliest transaction required to be reported."

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

Form 4 Insider Transactions: What Each Field Means →

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^*

ELLIOTT MARC G

(Last) (First) (Middle)

5201 N ORANGE BLOSSOM TRAIL

(Street)

ORLANDO FLORIDA 32810

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GENCOR INDUSTRIES INC [ GENC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President and Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/05/2026

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
Class B Common Stock(1)	05/01/2026		G		2,022,477	A	$0	2,022,477	I	By FLP(2)

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. On May 5, 2026, the Reporting Person filed a Form 4 (the "Original Form 4") which inadvertently indicated that the date of earliest transaction required to be reported was 05/01/2016. The correct date of earliest transaction required to be reported is 05/01/2026. This amendment is being filed to correct the date of the earliest transaction required to be reported.

2. On May 1, 2026, the reporting person was assigned interests in E.J. Elliott, LLC ("LLC") through a bona fide gift, making him the majority member and the manager of LLC, which is the sole general partner of E.J. Elliott Family Limited Partnership ("FLP"). The reporting person disclaims beneficial ownership of these shares held by FLP except to the extent of his pecuniary interest therein.

	/s/Marc G. Elliott	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GENC director Marc G. Elliott report on this Form 4/A?

Marc G. Elliott reported a bona fide gift transaction involving 2,022,477 shares of GENC Class B Common Stock. The shares are reported as held indirectly by a Family Limited Partnership, rather than as a direct personal market sale or purchase.

Why was this GENC Form 4/A filing submitted as an amendment?

The Form 4/A was filed to correct the earliest transaction date. An earlier Form 4 mistakenly listed May 1, 2016; the amendment clarifies that the correct earliest reportable transaction date is May 1, 2026, aligning the record with the actual gift transaction.

How many GENC Class B shares are involved in the reported gift transaction?

The filing reports a bona fide gift of 2,022,477 shares of GENC Class B Common Stock. This same 2,022,477-share figure is shown as the total number of Class B shares held indirectly following the transaction, through the Family Limited Partnership structure.

How are the GENC shares held after Marc G. Elliott’s reported transaction?

After the reported transaction, 2,022,477 GENC Class B shares are shown as held indirectly with ownership noted as "By FLP." A footnote explains that the FLP’s general partner is an LLC where Elliott is the majority member and manager.

Does Marc G. Elliott claim full beneficial ownership of the GENC shares held by the FLP?

No. The filing states that Marc G. Elliott disclaims beneficial ownership of the GENC shares held by the E.J. Elliott Family Limited Partnership, except to the extent of his pecuniary interest in those shares through his interests in the related entities.

What type of ownership is reported for Marc G. Elliott’s GENC shares in this filing?

The Form 4/A reports indirect ownership of 2,022,477 GENC Class B shares, coded as "I" with the description "By FLP." This indicates that the shares are held through a Family Limited Partnership rather than directly by Elliott personally.