Form 4: HOFV Director Lichter Reports Share Distribution
Insider Ownership Change
Stuart Lichter, a Director and 10% owner of Hall of Fame Resort & Entertainment Co, reported changes in his beneficial ownership following the dissolution of HOF Village, LLC.
Summary
- Stuart Lichter, a Director and 10% owner of Hall of Fame Resort & Entertainment Co (HOFV), filed a Form 4 statement of changes in beneficial ownership.
- On November 20, 2025, HOF Village, LLC dissolved, leading to a distribution of its shares.
- 683,083 shares of HOFV common stock previously held by HOF Village, LLC were distributed to American Capital Center, LLC.
- Lichter disclaims beneficial ownership of these distributed securities except to the extent of his pecuniary interest.
- Following the reported transaction, Lichter's direct beneficial ownership stands at 9,090 shares of common stock.
- Indirect beneficial ownership includes 751,168 shares via CH Capital Lending, LLC, 15,949 shares via IRG, LLC, and 5,681 shares via Midwest Lender Fund, LLC.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine disclosure of a change in beneficial ownership due to a dissolution, not an operational or financial performance update.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Distribution of 683,083 shares of common stock from HOF Village, LLC to American Capital Center, LLC upon the dissolution of HOF Village, LLC, involving entities potentially associated with the reporting person.
Stakeholder Impact
- Shareholders: A change in the indirect beneficial ownership structure of a 10% owner, clarifying the ultimate holders of a block of shares.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Date of earliest transaction; HOF Village, LLC dissolved and 683,083 shares of common stock were distributed. |
| 11/24/2025 | Signature date of the filing by Lisa Gould, Attorney-in-Fact. |
Keywords
HOFV, Hall of Fame Resort & Entertainment Co, Stuart Lichter, Form 4, beneficial ownership, insider trading, share distribution, director, 10% owner
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