Hunt Gary H 4
Research Summary
AI-generated summary
Five Point (FPH) Director Gary Hunt Gifts 10,000 Shares
What Happened
- Gary H. Hunt, a director of Five Point Holdings, reported a gift of 10,000 common shares on June 18, 2026. The filing shows the shares were disposed as a gift at $0.00 per share (no proceeds), and the Form 4 was filed on June 22, 2026. This was a gift transaction (code G), not a purchase or market sale.
Key Details
- Transaction date: 2026-06-18; Filing date: 2026-06-22 (timely under the two-business-day rule).
- Price: $0.00 per share (gift); Total proceeds: $0.
- Shares transferred: 10,000 (disposed).
- Shares owned after the transaction: not specified in the public Form 4.
- Footnotes of note:
- F1: Shares were gifted to a family member who does not share the reporting person’s household.
- F2: Some holdings are owned by the Gary H. Hunt Living Trust (est. Dec 11, 2009); Mr. Hunt is sole trustee.
- No indication of a 10b5-1 plan, tax withholding, or cashless exercise in this filing.
Context
- Gifts are transfers for personal, estate-planning, or family reasons and do not necessarily signal the insider’s view of the company’s prospects. They differ from purchases (which can be seen as a bullish signal) and open-market sales (which may be routine or for liquidity).