INTEST CORP (INTT) director gifts 9,000 shares to family trust, keeps ownership
Rhea-AI Filing Summary
INTEST CORP director Steven J. Abrams reported a bona fide gift of 9,000 shares of Common Stock. On March 20, 2026, he transferred these shares to a family revocable trust for no consideration. He and his spouse are co-trustees and he remains the beneficial owner of the shares held by the trust.
After the transaction, he directly holds 12,000 shares and indirectly holds 96,000 shares through the Steven J. Abrams Revocable Trust, so his overall economic exposure to INTEST CORP stock is unchanged by this gift transfer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,000 shares
Net Sell
2 txns
Insider
ABRAMS STEVEN J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 9,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,000 shares (Direct);
Common Stock — 96,000 shares (Indirect, By Steven J. Abrams Revocable Trust)
Footnotes (1)
- F1. On March 20, 2026, the reporting person transferred 9,000 shares of InTest Corporation common stock to a family trust for no consideration. The reporting person and his spouse are co-trustees of the trust. The reporting person remains the beneficial owner of the shares of common stock held by the trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did INTT director Steven J. Abrams report?
Director Steven J. Abrams reported a bona fide gift of 9,000 shares of INTEST CORP common stock. The shares were transferred on March 20, 2026 to a family revocable trust, with no cash consideration involved in the transfer.
What does the Form 4 footnote say about Steven J. Abrams’ INTT trust holdings?
The footnote explains that on March 20, 2026, Abrams transferred 9,000 INTEST CORP shares to a family trust, that he and his spouse serve as co-trustees, and that he remains the beneficial owner of the trust’s common stock.