[Form 4] Gyrodyne, LLC Insider Trading Activity

Rhea-AI Filing Summary

On 08/04/2025, 10% owner Towerview LLC filed a Form 4 reporting the sale of 1,216 Gyrodyne (GYRO) common shares at $12.10 each. Post-transaction, the reporting person still owns 340,080 shares directly. The disposition equals roughly 0.4% of Towerview’s prior position, signalling only a modest trim rather than a material change in ownership. No derivative securities were listed in Table II and no other transactions were disclosed.

Positive

• None.

Negative

• 10% owner sold 1,216 shares; insider selling can be interpreted as a mildly negative signal, though the amount is immaterial relative to holdings.

Insights

Financial Analyst

Minor 1,216-share sale by 10% owner; ownership remains large at 340k shares, therefore limited signal value for investors.

Gyrodyne’s Form 4 shows Towerview LLC—classified as a 10 % owner—sold 1,216 common shares on 08/04/2025 at $12.10. After the sale, Towerview still directly holds 340,080 shares. The divestiture represents about 0.4% of its stake, suggesting no significant shift in strategic intent or insider sentiment. No derivative positions or additional insider trades were reported, and the filing does not reference a Rule 10b5-1 plan. Given the small size relative to total ownership and lack of accompanying corporate events, the market impact appears neutral.

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^*

TOWERVIEW LLC

(Last) (First) (Middle)

499 PARK AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Gyrodyne, LLC [ GYRO ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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

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

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

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
Common Shares	08/04/2025		S		1,216	D	$12.1	340,080	D

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:

	Daniel R. Tisch	08/05/2025
	** 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.

FAQ

How many Gyrodyne (GYRO) shares did Towerview LLC sell?

Towerview LLC sold 1,216 common shares on 08/04/2025.

At what price were the shares sold?

The shares were sold at $12.10 per share.

How many GYRO shares does Towerview LLC own after the sale?

Towerview LLC now directly owns 340,080 shares.

What proportion of Towerview’s stake was sold?

The sale represents roughly 0.4 % of its prior holding.

Were any derivative securities involved in the transaction?

No; Table II shows no derivative trades.

Does the Form 4 indicate use of a Rule 10b5-1 trading plan?

The filing does not indicate that the sale was executed under a Rule 10b5-1 plan.