4/A: TowerView LLC Amends Gyrodyne Share Sale
Insider Transaction Amendment
TowerView LLC, a 10% owner and director of Gyrodyne, LLC, filed an amended Form 4 to correct the number of common shares sold on August 4, 2025.
Summary
- TOWERVIEW LLC, a 10% owner and director of Gyrodyne, LLC (GYRO), filed an amended Form 4.
- The amendment was filed to correct the number of common shares sold in a previously reported transaction.
- On August 4, 2025, TOWERVIEW LLC disposed of 916 common shares.
- The shares were sold at a price of $12.1 per share.
- Following this transaction, TOWERVIEW LLC beneficially owns 340,080 common shares.
Sentiment
Score: 5
Explanation: This filing is a routine amendment to an insider transaction report, providing factual corrections without indicating positive or negative sentiment about the company's performance or outlook.
Future Outlook
This filing is a routine amendment to an insider transaction report and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a specific insider transaction report and does not provide broader industry context or trends. It pertains solely to the beneficial ownership changes of a specific insider at Gyrodyne, LLC.
Related Party Transactions
- The filing details an insider sale of common shares by TOWERVIEW LLC, which is a 10% owner and director of Gyrodyne, LLC, making it a related party transaction.
Stakeholder Impact
- Shareholders may note the insider sale by a 10% owner and director, though the amendment itself is a routine correction to a previously reported transaction and is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/04/2025 | Date of the common shares transaction (sale). |
| 08/05/2025 | Date of the original Form 4 filing and the amendment filing. |
Keywords
Gyrodyne, GYRO, Form 4, SEC filing, insider trading, beneficial ownership, share sale, TowerView LLC
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