Form 4: ARKR CEO Boosts Stake with Share Purchase

ARK Restaurants Corp. Chairman & CEO Michael Weinstein purchased 545 shares of common stock at $7.30 per share.

Summary

• Michael Lawrence Weinstein, Chairman & CEO and a 10% owner of ARK Restaurants Corp. (ARKR), purchased 545 shares of common stock.
• The transaction occurred on August 14, 2025, at a price of $7.30 per share.
• Following this purchase, Michael Weinstein beneficially owns a total of 942,961 shares of ARKR common stock.
• This total includes 392,538 shares directly owned, 35,000 shares held in an IRA, 1,650 shares held by The Weinstein Foundation, and 400,000 shares indirectly owned through a limited liability company for family members.
• Additionally, 113,773 shares are held indirectly through SamEmma Ventures, LLC, where the reporting person has a 50% interest.
• The reported beneficial ownership does not include 6,250 shares issuable from currently exercisable stock options.

Sentiment

Score: 7

Explanation: The purchase of shares by the Chairman & CEO is a positive signal, indicating management's confidence in the company's valuation and future prospects.

Positives

• The Chairman & CEO, Michael Weinstein, purchased additional shares, signaling confidence in the company's future prospects.
• The transaction increases the insider's beneficial ownership, aligning management interests further with shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The beneficial ownership includes shares held indirectly through a limited liability company for the benefit of certain family members, where the reporting person has a 10% interest and sole voting power.
• Shares are also held indirectly through SamEmma Ventures, LLC, where the reporting person has a 50% interest.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive indicator of management's belief in the company's value and future performance.

Key Dates

Recommendation

The Chairman & CEO's purchase of shares, albeit a small amount relative to total holdings, signals management confidence in the company's future prospects and current valuation, which is generally a positive indicator for investors.

Keywords

ARK Restaurants, ARKR, Insider Trading, Form 4, Michael Weinstein, Stock Purchase, CEO, Chairman, Beneficial Ownership