Form 4: Stephen M. Greenberg Acquires Shares of Rafael Holdings, Inc. (RFL) Through Stock Grant

Director Stephen M. Greenberg acquired 27,541 shares of Rafael Holdings, Inc. Class B common stock through a grant of restricted stock that vests immediately.

Summary

• On January 6, 2025, Stephen M. Greenberg, a director of Rafael Holdings, Inc., acquired 27,541 shares of Class B Common Stock.
• The acquisition was a grant of restricted stock that vested immediately.
• The price per share was $1.82, representing the average closing price of the Issuer's Class B common stock during December 2024.
• Following the transaction, Greenberg beneficially owns 102,491 shares of Rafael Holdings, Inc.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing reflecting a director's stock acquisition. The acquisition itself could be viewed slightly positively, but the filing is primarily informational.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The stock acquisition by a director could have a minor positive impact on shareholder sentiment.

Key Dates