Form 4: Mario Gabelli Reports Charitable Gifts of M-tron Industries Stock

Mario Gabelli, a director and 10% owner of M-tron Industries, Inc., reported gifting shares of common stock to charity.

Summary

• On March 4, 2024, Mario Gabelli gifted 4,661 shares of M-tron Industries, Inc. common stock to a charity.
• Following this transaction, Mr. Gabelli directly owns 193,010 shares.
• On March 13, 2024, Mr. Gabelli gifted an additional 3,500 shares of M-tron Industries, Inc. common stock to a charity.
• Following this transaction, Mr. Gabelli directly owns 189,510 shares.
• Mr. Gabelli is also deemed the beneficial owner of 190,000 shares held by GGCP, Inc., where he serves as CEO, director, and controlling shareholder.
• He disclaims beneficial ownership of the GGCP shares exceeding his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a change in ownership due to charitable donations. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects changes in beneficial ownership by a significant shareholder and director, which is a routine part of corporate governance and regulatory compliance.

Stakeholder Impact

• The charitable donation may have a minor positive impact on the recipient charity.

Key Dates