ELLIOTT MARC G 4

What Happened

• Marc G. Elliott, identified as a 10% owner of Gencor Industries Inc. (GENC), was assigned/received a total of 3,541,305 shares via two gift transactions on May 1, 2026 (1,518,828 shares and 2,022,477 shares). Both transactions show acquisition at $0 per share (gifts), so no cash was paid.

Key Details

• Transaction dates and prices: May 1, 2026 — Gift of 1,518,828 shares at $0; May 1, 2026 — Gift of 2,022,477 shares at $0.
• Total shares acquired: 3,541,305; total cash value reported: $0 (gifts).
• Shares owned after transaction: not specified in the Form 4; filing indicates the shares are held by the reporting person or entities described below.
• Notable footnotes:
  • F1: On May 1, 2026, Elliott was assigned interests in E.J. Elliott, LLC via a bona fide gift, making him majority member/manager of the LLC, which is the sole general partner of E.J. Elliott Family Limited Partnership (FLP). He disclaims beneficial ownership of shares held by the FLP except to the extent of his pecuniary interest.
  • F2: The shares are held by the reporting person.
• Filing date: Form 4 filed May 5, 2026. (The transactions were on May 1, 2026.)

Context

• These were gifts, not open-market purchases or sales. Gifts do not necessarily indicate the insider's view of the company’s prospects and can be for estate planning or family transfer reasons.
• As a reported 10% owner, Elliott’s transactions are material for disclosure purposes but do not imply executive trading behavior.