Form 4: HURCO Executive Chairman Gifts 5,000 Shares

HURCO Companies Inc. Executive Chairman Michael Doar reported gifting 5,000 shares of common stock, reducing his direct beneficial ownership to 221,460 shares.

Summary

• Michael Doar, Executive Chairman and Director of HURCO COMPANIES INC (HURC), reported a change in beneficial ownership.
• The transaction involved the disposition of 5,000 shares of Common Stock.
• The transaction occurred on December 11, 2025, and was a gift (Transaction Code 'G').
• The shares were disposed of at a price of $0.00 per share.
• Following this transaction, Michael Doar directly beneficially owns 221,460 shares of Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a gift of shares) and does not contain information that would significantly alter the company's financial or operational outlook. It is a personal transaction by an executive.

Related Party Transactions

• A gift of shares by an executive may be considered a related party transaction if the recipient is a family member or entity controlled by the executive, though the filing does not specify the recipient.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a personal transaction by an executive.

Key Dates

Keywords

HURCO, HURC, Form 4, Insider Transaction, Stock Gift, Michael Doar, Beneficial Ownership