Form 4: FAT Brands Director Elenowitz Acquires and Disposes of Series B Cumulative Preferred Stock
SEC Form 4 Filing
Mark Elenowitz, a director of FAT Brands, Inc., engaged in transactions involving Series B Cumulative Preferred Stock, acquiring 6,200 shares and disposing of 9,200 shares on August 26, 2024.
Summary
- On August 26, 2024, Mark Elenowitz, a director of FAT Brands, Inc., reported transactions involving Series B Cumulative Preferred Stock.
- Elenowitz acquired 6,200 shares of Series B Cumulative Preferred Stock at a price of $11 per share.
- Concurrently, Elenowitz disposed of 9,200 shares of the same stock.
- Following these transactions, the reported beneficial ownership of Series B Cumulative Preferred Stock is 9,200 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction involving Series B Cumulative Preferred Stock. |
| 08/28/2024 | Date of signature for the Form 4 filing. |
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