Isaacman Jared 4
Research Summary
AI-generated summary
Shift4 (FOUR) 10% Owner Jared Isaacman Gifts 1,600 Shares
What Happened
- Jared Isaacman (reported as a 10% owner) made a charitable gift of 1,600 shares of Shift4 Payments Class A common stock on March 17, 2026. The shares were disposed as a gift (transaction code G) at $0.00 per share, so no cash proceeds were reported.
Key Details
- Transaction date: 2026-03-17; Price: $0.00; Shares: 1,600 gifted to Renaissance Charitable Foundation, Inc. (per footnote).
- Shares owned after transaction: not explicitly listed in this filing. The filing also corrects previously reported totals: the reporting person’s beneficial holdings were reduced by 11,772 shares (F1), and Rook’s recorded holdings were reduced by 951,487 shares to correct earlier reports (F2).
- Footnotes: F2 confirms the 1,600-share charitable gift; F3 notes securities held of record by Rook (Isaacman is sole stockholder and may be deemed to beneficially own those shares); F4 describes certain shares held in a UTMA account for which the reporting person disclaims beneficial ownership.
- No indication in this filing of a 10b5-1 plan, sale for proceeds, tax withholding, or late filing penalties noted.
Context
- This was a gift, not a market sale or purchase; gifts are typically for personal or philanthropic reasons and do not necessarily signal insider sentiment about the stock. As a 10% owner, Isaacman’s holdings include shares held directly and through entities (e.g., Rook), which the filing adjusts to correct prior reports.