Rocky Mountain Chocolate director awarded 59K shares
A director and ten percent owner reported board-related stock grants and an indirect holding reduction tied to GVIC-managed accounts.
Rhea-AI Filing Summary
Rocky Mountain Chocolate Factory, Inc. (RMCF) director and ten percent owner Jeffrey Richart Geygan reported multiple changes in holdings of Common Stock. On August 31 and September 1, 2026, he acquired board compensation grants totaling 59,522 shares held directly. On September 9, 2026, 16,605 indirectly held shares in accounts managed by Global Value Investment Corporation (GVIC), which he controls, were removed from his reported beneficial ownership after certain separately managed accounts terminated their relationship with GVIC, leaving 1,775,873 indirectly held shares reported. He disclaims beneficial ownership of GVIC-managed securities except to the extent of any pecuniary interest, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GEYGAN JEFFREY RICHART
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F4, F2, F3 | 16,605 | -- | -- |
| Grant/Award | Common Stock F1 | 55,622 | -- | -- |
| Grant/Award | Common Stock F1 | 3,900 | -- | -- |
Holdings After Transaction:
Common Stock — 244,563 shares (Direct);
Common Stock — 1,775,873 shares (Indirect, By Global Value Investment Corporation)
Footnotes (4)
- F1. Represents a common stock grant to Jeffrey R. Geygan pursuant to the issuer board of director compensation program.
- F2. These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.
- F3. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F4. As of September 9, 2026, certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC. The positions held in such accounts are therefore no longer included herein.
Key Figures
Board grant on August 31, 2026: 3,900 shares
Board grant on September 1, 2026: 55,622 shares
Total board-related acquisitions: 59,522 shares
+2 more
5 metrics
Board grant on August 31, 2026
3,900 shares
Common Stock grant to Jeffrey R. Geygan under director compensation program
Board grant on September 1, 2026
55,622 shares
Additional Common Stock grant under director compensation program
Total board-related acquisitions
59,522 shares
Sum of August 31 and September 1, 2026 Common Stock grants
Indirect disposition on September 9, 2026
16,605 shares
Shares in GVIC-managed accounts no longer included after relationship terminations
Indirect holdings after September 9, 2026
1,775,873 shares
Common Stock indirectly held through Global Value Investment Corporation accounts
Key Terms
beneficial ownership, pecuniary interest, separately managed accounts, investment manager
4 terms
beneficial ownership financial
"These securities may be deemed to be beneficially owned by the reporting person"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest"
separately managed accounts financial
"As of September 9, 2026, certain separately managed accounts terminated their relationship"
A separately managed account is an investment portfolio owned by a single investor but professionally managed to that investor’s specific goals and preferences, rather than pooled with other clients’ money. It matters to investors because it offers greater customization, tax control and transparency—like hiring a personal chef instead of eating from a shared buffet—though it often requires higher minimums and can have different fee and liquidity implications.
investment manager financial
"GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager"
FAQ
What insider transactions did RMCF director Jeffrey Richart Geygan report in this Form 4?
He reported two acquisitions of Common Stock as board compensation totaling 59,522 shares on August 31 and September 1, 2026, and a disposition of 16,605 indirectly held shares on September 9, 2026 related to GVIC-managed accounts.
Were the reported RMCF transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that any of the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
