INTEGRATED BIOPHARMA holder gifts 11.2M shares
INTEGRATED BIOPHARMA INC major shareholder Carl DeSantis reported estate-related gift transfers of 11,201,964 shares of Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,966,547 | $0.00 | $0.00 |
| Gift | Common Stock | 2,235,417 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
bona fide gift financial
indirect ownership financial
Revocable Trust financial
limited liability company financial
ten percent owner financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INBP disclose for Carl DeSantis on this Form 4?
Were the INBP insider transactions for Carl DeSantis market sales or purchases?
What are Carl DeSantis’s reported INBP holdings after these Form 4 transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.