ABRAMS STEVEN J 4
Research Summary
AI-generated summary
InTest (INTT) Director Steven J. Abrams Gifts 3,000 Shares
What Happened
Steven J. Abrams, a director of InTest Corporation (INTT), transferred (gifted) 3,000 shares of the company's common stock to a family trust on June 29, 2026. The shares were transferred for no consideration (price $0.00), so the reported transaction value is $0. The filing reports this as a gift (transaction code G), not a sale or purchase.
Key Details
- Transaction date: June 29, 2026. Price per share: $0.00. Total reported value: $0.
- Filing date / accession: Form 4 filed July 1, 2026 (Accession No. 0000891839-26-000289); this appears to be within the standard two-business-day filing window.
- Shares owned after transaction: not specified in the provided data.
- Footnote: The 3,000 shares were transferred to a family trust for no consideration. Abrams and his spouse are co-trustees of that trust, and he remains the beneficial owner of the shares held by the trust.
Context
- Gifts do not necessarily signal the insider’s view of the company’s prospects; they are often estate-planning or family transfers.
- Because Abrams remains the beneficial owner of the shares held by the trust (per the footnote), the transfer may not materially change his economic exposure to the stock.