Major INBP holder shifts 11.2M shares via estate gifts to CDDS 2.0, LLC

Rhea-AI Filing Summary

INTEGRATED BIOPHARMA INC major shareholder Carl DeSantis reported estate-related gift transfers of 11,201,964 shares of Common Stock. Two bona fide gifts on April 15, 2026 disposed of 8,966,547 shares held by CD Financial, LLC and 2,235,417 shares held by the Carl DeSantis Revocable Trust.

According to the footnotes, both blocks were transferred to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis. The reporting person is noted as deceased, and these are indirect holdings. After the second transfer, the filing shows 0 shares of Common Stock indirectly owned.

Insights

Insider transactions analyst

Large insider estate gifts shift 11.2M INBP shares without market selling.

The filing shows two bona fide gifts totaling 11,201,964 Common Stock shares tied to the late major holder Carl DeSantis. These transfers move shares from CD Financial, LLC and a revocable trust into CDDS 2.0, LLC, controlled by Damon DeSantis.

Because the code is G (bona fide gift) at $0.00 per share, there is no open-market buying or selling. The economic exposure shifts between related entities, and the reporting person’s indirect holdings drop to 0 shares after the transactions.

For investors, the key consequence is a change in how this large block is held, not immediate trading activity. Any future impact would depend on decisions made by CDDS 2.0, LLC, which are not addressed in this disclosure.

Insider Trade Summary

11,201,964 shares gifted

Mixed 2 txns

Insider DESANTIS CARL

Role 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock	8,966,547	$0.00	--
Gift	Common Stock	2,235,417	$0.00	--

Holdings After Transaction: Common Stock — 2,235,417 shares (Indirect, Reporting Person is deceased)

Footnotes (1)

1. Represents 8,966,547 shares of Common Stock transferred from CD Financial, LLC, a Florida limited liability company, to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis. Represents 2,235,417 shares of Common Stock transferred from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.

Key Figures

Total gifted shares: 11,201,964 shares Gift from CD Financial, LLC: 8,966,547 shares Gift from Revocable Trust: 2,235,417 shares +2 more

5 metrics

Total gifted shares 11,201,964 shares Total bona fide gifts of Common Stock on April 15, 2026

Gift from CD Financial, LLC 8,966,547 shares Common Stock transferred from CD Financial, LLC to CDDS 2.0, LLC

Gift from Revocable Trust 2,235,417 shares Common Stock transferred from Carl DeSantis Revocable Trust to CDDS 2.0, LLC

Price per share $0.00 per share Reported transaction price for both bona fide gifts

Post-transaction holdings 0 shares Total Common Stock indirectly owned after second gift

Key Terms

bona fide gift, indirect ownership, Revocable Trust, limited liability company, +1 more

5 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift" for both Common Stock transfers"

indirect ownership financial

"ownership_type: "indirect" and direct_or_indirect: "I" for the reported holdings"

Revocable Trust financial

"Common Stock transferred from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC"

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.

limited liability company financial

"CD Financial, LLC and CDDS 2.0, LLC are described as Florida limited liability companies"

A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.

ten percent owner financial

"reporting person is flagged as is_ten_percent_owner: 1 in the metadata"

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

X

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^*

DESANTIS CARL

(Last) (First) (Middle)

C/O CDS INTERNATIONAL HOLDINGS

109 SE 5TH AVENUE, SECOND FLOOR

(Street)

DELRAY BEACH FLORIDA 33483

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTEGRATED BIOPHARMA INC [ INBP ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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)

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 Stock	04/15/2026		G(1)		8,966,547	D	$0	2,235,417	I	Reporting Person is deceased
Common Stock	04/15/2026		G(2)		2,235,417	D	$0	0	I	Reporting Person is deceased

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. Represents 8,966,547 shares of Common Stock transferred from CD Financial, LLC, a Florida limited liability company, to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.

2. Represents 2,235,417 shares of Common Stock transferred from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.

	/s/ William H Milmoe, Personal Representative	04/17/2026
	** 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 INBP disclose for Carl DeSantis on this Form 4?

The Form 4 reports two bona fide gifts of INBP Common Stock tied to the late major shareholder Carl DeSantis, totaling 11,201,964 shares. These are non-market transfers coded as gifts at $0.00 per share, not open-market purchases or sales.

How many INBP shares were transferred in total in the Carl DeSantis Form 4?

In total, 11,201,964 INBP Common Stock shares were transferred. One gift moved 8,966,547 shares from CD Financial, LLC, and another moved 2,235,417 shares from the Carl DeSantis Revocable Trust, both to CDDS 2.0, LLC controlled by Damon DeSantis.

Were the INBP insider transactions for Carl DeSantis market sales or purchases?

They were not market sales or purchases. Both transactions are coded G for bona fide gift at $0.00 per share, indicating estate-related or charitable-style transfers. No cash consideration or open-market trading activity is shown in this disclosure.

Who now controls the INBP shares transferred from entities tied to Carl DeSantis?

The footnotes state that the transferred INBP shares went to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis. This means voting and investment power over those shares now resides with CDDS 2.0, LLC, not the deceased reporting person.

What are Carl DeSantis’s reported INBP holdings after these Form 4 transactions?

After the second gift transaction, the filing shows total indirect ownership of 0 INBP Common Stock shares for Carl DeSantis. This reflects that all previously reported indirect holdings through the cited entities were transferred away in these bona fide gift transactions.

What entities were involved in the INBP share transfers reported for Carl DeSantis?

The filing cites CD Financial, LLC and the Carl DeSantis Revocable Trust as transferors, with both moving INBP shares to CDDS 2.0, LLC. CDDS 2.0, LLC is described as a Florida limited liability company controlled by Damon DeSantis, who now controls those shares.