Form 4: Alan B. Levan Reports Changes in Beneficial Ownership of BBX Capital, Inc. Stock
SEC Form 4
Alan B. Levan, Chairman of BBX Capital, Inc., reports transactions involving Class A and Class B Common Stock, including transfers to Levan BFC Stock Partners, LP.
Summary
- Alan B. Levan, Chairman of BBX Capital, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The transactions occurred on May 1, 2024, and May 2, 2024.
- The transactions involved transfers of Class A and Class B Common Stock to Levan BFC Stock Partners, LP.
- These transfers did not involve a monetary transaction, as the price per share is listed as $0.
- Following the reported transactions, Mr. Levan's direct and indirect ownership of Class A and Class B Common Stock has been updated.
- Mr. Levan's direct holdings of Class B Common Stock are now 0.
- Mr. Levan's indirect holdings of Class A Common Stock through Levan BFC Stock Partners, LP are 807,420 shares.
- Mr. Levan's indirect holdings of Class B Common Stock through Levan BFC Stock Partners, LP are 1,201,581 shares.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions.
Key Dates
| Date | Description |
|---|---|
| 06/10/1999 | Date of Alan B. Levan Rev Trust Dtd as Amended and Restated |
| 01/19/2006 | Date of Susana C Levan Rev Trust Dtd |
| 12/30/2020 | Date of Irrevocable Trust for Alan B. Levan UAD |
| 05/01/2024 | Date of earliest transaction involving Class A and Class B Common Stock transfers. |
| 05/02/2024 | Date of additional transaction involving Class A Common Stock transfer. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.