BAKER JOHN D II 4
Research Summary
AI-generated summary
FRP Holdings (FRPH) 10% Owner John D. Baker II Gifts 54,824 Shares
What Happened
- John D. Baker II, a 10% owner of FRP Holdings, Inc. (FRPH), reported gifting 54,824 shares on January 30, 2026. The transaction is coded as a gift (G) and was reported with a $0.00 per-share price (no cash proceeds).
Key Details
- Transaction date: 2026-01-30; transaction code: G (Gift).
- Shares transferred/disposed: 54,824; reported price: $0.00; total cash received: $0.
- Shares owned after the transaction: not specified in the filing.
- Footnote F1: shares were gifted to family members.
- Footnote F2: the shares are held by the Trust FBO John D. Baker II U/A Cynthia L. Baker Trust dated 4/30/1965; Baker is co-trustee and sole income beneficiary and disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: the report period and transaction date are the same (2026-01-30), indicating a timely Form 4 filing.
Context
- Gifts are transfers for tax or estate planning and do not necessarily indicate the insider’s view of the company’s prospects; they produce no cash proceeds to the donor.
- As a 10% owner, Baker’s transfers are significant for ownership tracking but are different from open-market buys or sales by company executives.