Form 4: Rafael Holdings Director Acquires 27,541 Shares of Class B Common Stock

Michael J. Weiss, a director at Rafael Holdings, acquired 27,541 shares of Class B common stock on January 6, 2025, at an average price of $1.82 per share.

Summary

• Michael J. Weiss, a director of Rafael Holdings, acquired 27,541 shares of Class B common stock on January 6, 2025.
• The shares were acquired through a grant of restricted stock that vested immediately.
• The price per share was $1.82, which represents the average closing price of the Issuer's Class B common stock during December 2024.
• Following the transaction, Mr. Weiss beneficially owns 102,491 shares of Class B common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction by a company director. It is neither overwhelmingly positive nor negative, but rather a standard disclosure.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders when they acquire or dispose of company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• This type of filing is standard practice for publicly traded companies in the United States.
• The transaction is typical for a director receiving stock-based compensation or making personal investments in the company.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Rafael Holdings, Class B Common Stock, Michael J. Weiss, Director, Stock Acquisition, Restricted Stock, SEC Form 4