4Filed Jul 22, 8:00 PM ET
Central Securities (CETCET) Endeavor Foundation (10% Owner) Gifts 30,820 Shares
$CETCET · CENTRAL SECURITIES CORPResearch Summary
AI-generated summary of this SEC filing
Central Securities (CETCET) Endeavor Foundation (10% Owner) Gifts 30,820 Shares
What Happened
- Endeavor Foundation, Inc., reported as a 10% owner of Central Securities Corp. (CETCET), disposed of 30,820 shares on 2026-07-21 by way of a gift (transaction code G). No price or cash proceeds are reported for the transfer (price listed as N/A).
Key Details
- Transaction date: 2026-07-21; filing date: 2026-07-23 (Form 4 accession 0001209992-26-000046).
- Transaction type/code: Gift (G). Price: N/A (bona fide gift per footnote F1).
- Shares disposed: 30,820. Shares owned after the transaction: not specified in the provided filing.
- Footnote: F1 — "Bona fide gift."
- Filing timing: Filed two days after the reported transfer, which is generally within the two-business-day Form 4 reporting window.
Context
- Gifts are transfers of beneficial ownership and do not involve a market sale; they generally do not signal the donor’s view on the company’s stock price. As a reported 10% owner, Endeavor Foundation is an institutional/large-holder transaction rather than executive trading. Recipients, motives (e.g., philanthropy, estate planning), and any subsequent disposition by the recipient are not disclosed.