Form 4: Horizon Kinetics Holding Corp Executive Russell Grimaldi Reports Share Transaction

Horizon Kinetics Holding Corp's Chief Compliance Officer and Associate General Counsel, Russell Grimaldi, reported a transaction involving the purchase and disposal of 132 common shares.

Summary

• Russell Grimaldi, the Chief Compliance Officer and Associate General Counsel of Horizon Kinetics Holding Corp, filed a Form 4.
• The filing reports a transaction on November 18, 2024, where 132 common shares were acquired at a price of $38.75 per share.
• The same 132 shares were then disposed of, resulting in no net change in the number of shares beneficially owned by Mr. Grimaldi.
• The transaction was reported on November 19, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions in company stock. This filing is routine and does not indicate any unusual activity.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US, as mandated by the SEC.
• The transaction reported is a small number of shares and is not unusual for an executive of a company.
• Similar filings are made by executives at companies like Berkshire Hathaway, BlackRock, and other financial institutions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a small transaction by an executive.

Key Dates

Keywords

Form 4, insider trading, share transaction, common stock, Horizon Kinetics Holding Corp, Russell Grimaldi, HKHC