Shoe Station chair reports 166,666-share charitable gift
Shoe Station Group Inc director and chairman Wayne J. Weaver reported a charitable transfer of family shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Shoe Station Group Inc director and chairman Wayne J. Weaver reported a charitable transfer of family shares. His spouse, Delores B. Weaver, made a bona fide gift of 166,666 shares of Common Stock to a donor‑advised charitable gift fund as part of her estate planning. After the transactions, Wayne J. Weaver holds 4,181,889 shares directly and 4,166,514 shares indirectly through his spouse, while his spouse retains no pecuniary interest or control over the gifted shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 166,666 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The shares were gifted by Delores B. Weaver, the reporting person's spouse, to a donor-advised charitable gift fund as part of her estate planning. The reporting person's spouse has no control over, and cannot direct the disposition of, the gifted shares by the charitable gift fund and has no pecuniary interest in the gifted shares.
Key Figures
Key Terms
bona fide gift financial
donor-advised charitable gift fund financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Shoe Station Group Inc (SCVL) report in this Form 4?
Who is the reporting person in the Shoe Station Group Inc (SCVL) Form 4?
What are Wayne J. Weaver’s Shoe Station Group Inc (SCVL) holdings after the gift?
AI-generated analysis. How Rhea-AI works. Not financial advice.