Form 4: Mario Gabelli Reports Gift of M-tron Industries Shares
SEC Form 4 Filing
Mario Gabelli, a director and 10% owner of M-tron Industries, reported gifting 3,100 shares of common stock to a charity on August 19, 2024.
Summary
- On August 19, 2024, Mario Gabelli reported a transaction involving M-tron Industries, Inc. common stock.
- Mr. Gabelli gifted 3,100 shares to a charity.
- Following the transaction, Mr. Gabelli directly owns 176,671 shares and indirectly owns 175,000 shares through GGCP, Inc.
- Mr. Gabelli disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The gift of shares may have a minor impact on shareholders, depending on the recipient charity's actions.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of the share gift transaction. |
| 08/19/2024 | Date of report filing. |
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