Form 4: Eric P. Lefkofsky Reports Charitable Contribution of Groupon Shares
SEC Form 4 Filing
Eric P. Lefkofsky, a director and significant shareholder of Groupon, Inc., reported a charitable contribution of 110,000 shares of common stock to the Lefkofsky Family Foundation.
Summary
- On May 14, 2024, Eric P. Lefkofsky, a director of Groupon, Inc., reported a transaction involving the company's common stock.
- Green Media, LLC, an entity co-owned by Lefkofsky, made a charitable contribution of 110,000 shares of Groupon common stock to the Lefkofsky Family Foundation.
- The contribution was valued at $0 per share, indicating a donation.
- Following the transaction, Lefkofsky directly owns 111,382 shares and indirectly owns 3,421,149 shares through Green Media LLC and 413,100 shares through the Lefkofsky Family 2018 Trust.
- Lefkofsky shares voting and investment control with his wife, Elizabeth Kramer Lefkofsky, regarding the shares held by Green Media, LLC.
- Lefkofsky is the sole trustee of the Lefkofsky Family 2018 Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard disclosure of a charitable contribution. It doesn't inherently indicate positive or negative implications for the company's performance.
Positives
- The charitable contribution may be viewed positively as it supports philanthropic efforts.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't necessarily reflect broader industry trends but provides transparency into the holdings of key individuals within Groupon.
Stakeholder Impact
- The charitable contribution may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of the charitable contribution transaction. |
| 05/15/2024 | Date of signature on the Form 4 filing. |
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