ELLIOTT MARC G 4/A
4/A · GENCOR INDUSTRIES INC · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
GENCOR (GENC) 10% Owner Marc G. Elliott Receives 2.02M-Share Gift
What Happened
- Marc G. Elliott, a reported 10% owner of Gencor Industries, was assigned (received) 2,022,477 shares of Gencor on May 1, 2026 via a bona fide gift (transaction code G). The shares were acquired at $0.00 per share (gift), so no purchase price was paid in this transaction.
Key Details
- Transaction date and price: 05/01/2026 — 2,022,477 shares @ $0.00 (Gift).
- Filing history: Original Form 4 was filed May 5, 2026 but incorrectly listed the earliest transaction date as 05/01/2016; this amended Form 4 was filed May 8, 2026 to correct the earliest transaction date to 05/01/2026.
- Ownership after transaction: The filing does not state total shares owned after the transfer. Footnote clarifies Elliott was assigned interests in E.J. Elliott, LLC (making him majority member/manager), which is sole general partner of the E.J. Elliott Family LP; he disclaims beneficial ownership of the FLP shares except to the extent of his pecuniary interest.
- Transaction code: G = Gift.
- Timeliness note: The transaction occurred May 1; the original Form 4 was filed May 5 and amended May 8 to correct an error in the reported earliest transaction date.
Context
- Gifts are transfers of ownership and do not necessarily reflect the giver’s view of the company’s prospects; they are different from open-market purchases (which can be a bullish signal) or sales (which can be a liquidity/portfolio action).
- As a 10% owner and majority member/manager of related entities, Elliott’s filing reflects ownership changes through family/LLC structures rather than routine executive trading.
Insider Transaction Report
Form 4/AAmended
ELLIOTT MARC G
DirectorPresident and Chairman10% Owner
Transactions
- Gift
Class B Common Stock
[F1][F2]2026-05-01+2,022,477→ 2,022,477 total(indirect: By FLP)
Footnotes (2)
- [F1]On May 5, 2026, the Reporting Person filed a Form 4 (the "Original Form 4") which inadvertently indicated that the date of earliest transaction required to be reported was 05/01/2016. The correct date of earliest transaction required to be reported is 05/01/2026. This amendment is being filed to correct the date of the earliest transaction required to be reported.
- [F2]On May 1, 2026, the reporting person was assigned interests in E.J. Elliott, LLC ("LLC") through a bona fide gift, making him the majority member and the manager of LLC, which is the sole general partner of E.J. Elliott Family Limited Partnership ("FLP"). The reporting person disclaims beneficial ownership of these shares held by FLP except to the extent of his pecuniary interest therein.
Signature
/s/Marc G. Elliott|2026-05-08