ENDEAVOR FOUNDATION, INC. 4

What Happened

• Endeavor Foundation, Inc., a reported 10% owner of Central Securities Corp. (CET), disposed of 19,200 shares on February 26, 2026 via a gift (transaction code G). The Form 4 lists the shares as a disposition with no per-share price or total dollar value reported.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02).
• Transaction type/code: Gift (G). Footnote F1: "Bona fide gift."
• Price/Value: Not reported (N/A) on the filing.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: The Form 4 was filed 4 days after the transaction (file date 2026-03-02), which appears to be beyond the SEC’s usual 2-business-day filing deadline for Form 4s.

Context

• Gifts are a non‑transactional transfer and generally do not indicate the insider’s view of the company’s prospects; they are treated differently than open‑market purchases or sales.
• As a 10% owner (institutional/large holder), this is not an executive’s trading decision; such transfers can reflect estate planning, donations, or other non‑market reasons rather than investment sentiment.