Form 4: Sow Good Inc. Executive Chairman Ira Goldfarb Gifts Shares to Son

Executive Chairman of Sow Good Inc., Ira Goldfarb, gifted 19,553 shares of common stock to his son, Brett Steven Goldfarb, without receiving any consideration.

Summary

• Ira Goldfarb, Executive Chairman of Sow Good Inc., reported a transaction on November 15, 2024, where he gifted 19,553 shares of common stock to his son.
• The shares were gifted without any payment or consideration received by Mr. Goldfarb.
• Following the transaction, Mr. Goldfarb directly owns 539,804 shares and indirectly owns 4,181,461 shares through various trusts and LLCs.
• The indirect holdings include shares held by the Ira Goldfarb Irrevocable Trust, IG Union Bower, LLC, and S-FDF, LLC.

Sentiment

Score: 5

Explanation: The document is a routine filing related to a share gift, which is neither positive nor negative for the company's performance. It is a neutral event from an investment perspective.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It does not indicate any specific industry trend but rather a personal transaction by a company executive.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The reporting of share gifts is a common occurrence and does not indicate any unusual activity compared to other companies.

Stakeholder Impact

• The share gift has a minimal impact on shareholders as it does not change the total number of outstanding shares.
• The transaction is a personal matter for the executive and his family and does not directly affect employees, customers, or suppliers.

Key Dates

Keywords

Form 4, Beneficial Ownership, Sow Good Inc., Ira Goldfarb, Share Gift, Executive Chairman, Stock Transaction