Milmoe William H. 4
4 · INTEGRATED BIOPHARMA INC · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Integrated BioPharma (INBP) 10% Owner William Milmoe Gifts 1.36M Shares
What Happened
William H. Milmoe, a 10% owner of Integrated Biopharma, reported two gift transactions on 2026-03-24 disposing a total of 1,363,685 common shares (1,356,293 shares + 7,392 shares). Both transfers are coded as gifts (transaction code G) and were reported at $0.00 per share (no sale proceeds).
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-25 (timely filing).
- Shares transferred: 1,356,293 shares (footnote F1) and 7,392 shares (footnote F3); combined = 1,363,685 shares. Reported dollar value = $0.00 (gift).
- Shares owned after transaction: 11,505,340 shares (per footnote F4). Prior aggregated holdings reported as 11,512,732 (per footnote F2), reflecting the disposals.
- Footnotes of note:
- F1: 1,356,293 shares moved from CD Financial, LLC to CDDS 2.0, LLC (controlled by Damon DeSantis).
- F3: 7,392 shares moved from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC (controlled by Damon DeSantis).
- F2/F4 detail the components of the reporting person’s aggregate holdings across CD Financial, the Carl DeSantis Revocable Trust, the Estate of Carl DeSantis, and shares held directly.
- Transaction code: G = Gift (disposition). No indication of a Section 16 late filing.
Context
Gifts are transfers for which no purchase price is paid and do not necessarily signal the insider’s view of the company’s prospects. These transfers appear to move shares among related entities (to CDDS 2.0, LLC controlled by Damon DeSantis). As a 10% owner, Milmoe’s report reflects institutional/large-holder reorganization rather than an open-market sale by an executive.
Insider Transaction Report
- Gift
Common Stock
[F1][F2]2026-03-24−1,356,293→ 11,512,732 total(indirect: By Trust) - Gift
Common Stock
[F3][F4]2026-03-24−7,392→ 11,505,340 total(indirect: By Trust)
Footnotes (4)
- [F1]Represents 1,356,293 shares of Common Stock transferred from CD Financial, LLC, a Florida limited liability company, to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.
- [F2]Includes 9,116,547 shares of Common Stock owned by CD Financial, LLC, 2,242,809 shares of Common Stock owned by the Carl DeSantis Revocable Trust, 14,709 shares of Common Stock owned by the Estate of Carl DeSantis and 138,667 owned by the Reporting Person directly.
- [F3]Represents 7,392 shares of Common Stock transferred from the Carl DeSantis Revocable Trust to CDDS 2.0, LLC, a Florida limited liability company controlled by Damon DeSantis.
- [F4]Includes 9,116,547 shares of Common Stock owned by CD Financial, LLC, 2,235,417 shares of Common Stock owned by the Carl DeSantis Revocable Trust, 14,709 shares of Common Stock owned by the Estate of Carl DeSantis and 138,667 owned by the Reporting Person directly.