Hill John C 4

What Happened
John C. Hill, CEO, President and a director of Central Securities Corp (CET), reported two open-market purchases on June 26, 2026: 228 shares at $51.87 each ($11,826) and 5 shares at $51.87 each ($259), for a total acquisition of 233 shares costing approximately $12,085. These were purchases (code P), which are generally viewed as an insider buying stock rather than selling.

Key Details

• Transaction date: 2026-06-26 (both trades)
• Price: $51.87 per share (both trades)
• Shares acquired: 228 shares and 5 shares (total 233)
• Aggregate value: ~$12,085 ($11,826 + $259)
• Transaction type/code: Open-market purchases (P)
• Shares owned after transaction: Not disclosed in the Form 4 filing
• Footnotes / plans: No 10b5-1 plan, tax withholding, or other special footnotes were referenced in the filing
• Filing timeliness: Form 4 was filed on 2026-06-30 (within the usual two-business-day window for reporting)

Context
Insider purchases can signal that executives are increasing their stake, but they are only one data point and do not guarantee future performance. The purchase size here is modest for an insider, so retail investors should view it as a small additional data point when evaluating management's confidence.