ENDEAVOR FOUNDATION, INC. 4

What Happened
Endeavor Foundation, Inc., reported as a 10% owner of Central Securities Corp (CET), disposed of 18,750 shares on April 22, 2026 via a bona fide gift (transaction code G). The filing lists no price or cash proceeds (N/A), so no dollar value is reported for this transfer. Gifts are reported as dispositions but do not necessarily reflect the holder’s view of the company’s outlook.

Key Details

• Transaction date: 2026-04-22 (Gift, code G)
• Shares transferred: 18,750 shares; price/proceeds: N/A (gift)
• Filing date: 2026-04-24 (Form 4) — filed within the typical two-business-day window (timely)
• Footnote: F1 — “Bona fide Gift”
• Shares owned after transaction: not specified in the provided filing details
• Insider type: 10% owner (institutional holder), not an executive or director trade

Context

• Gifts are non-market transactions (no cash received) and are commonly used for estate planning or charitable donations; they should not be taken as a direct signal of buying or selling intent.
• Because Endeavor Foundation is a 10% owner, this is institutional-level reporting rather than an executive insider trade.
• For retail investors, purchases by insiders tend to be more informative than gifts or routine dispositions; monitor future filings for any cash sales or open-market purchases.