Form 4: Director Globus Gifts UG Shares to Grandson

United Guardian Inc. Director Kenneth H. Globus reported a gift of 7,480 shares of common stock, reducing his indirect beneficial ownership.

Summary

• Kenneth H. Globus, a Director of United Guardian Inc. (UG), reported a transaction involving 7,480 shares of common stock.
• The shares were gifted by his wife to their grandson on January 21, 2026.
• Mr. Globus's beneficial ownership is deemed to include his wife's holdings and shares held by the Alfred R. Globus Testamentary Trust, where he is a co-Trustee with sole voting rights.
• Following this transaction, Mr. Globus's direct ownership remains at 279,027 shares.
• His indirect beneficial ownership is now 1,031,546 shares, comprising 271,546 shares owned by his wife and 760,000 shares controlled via the Alfred R. Globus Testamentary Trust.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a gift) and does not reflect positively or negatively on the company's operational or financial performance. It's a neutral event from an investment perspective.

Future Outlook

N/A

Management Comments

• These shares were owned by my wife and were gifted by her to my grandson. They are being reported here because her stock ownership is deemed to be owned beneficially by me by nature of her being my wife. I am considered an affiliate of the company due to my being on the company's Board of Directors.
• In Field 6 Reporting Person indicated that his ownership is 'Indirect' because there is no option to state ownership as both 'Direct' AND 'Indirect'. The majority of Reporting Person's ownership of UG stock is Indirect beneficial ownership based upon stock owned by his spouse and by the Alfred R. Globus Testamentary Trust, of which he is a Trustee and has sole voting rights. As a result, the stock owned by the Testamentary Trust is considered to be beneficially owned by Reporting Person.
• Reporting Person owns UG stock both Directly and Indirectly. After the transfer of the 7,480 shares being gifted by Reporting Person's wife as indicated in this Form 4, Reporting Person's Direct ownership remains at 279,027 shares, and Indirect ownership is 1,031,546 shares. Of the Indirect ownership, 271,546 shares are owned by Reporting Person's wife, and 760,000 shares are under the control of the Reporting Person, and therefore considered beneficially owned, pursuant to his role as co-Trustee of the Alfred R. Globus Testamentary Trust, the owner of those 760,000 shares.

Industry Context

N/A

Related Party Transactions

• A gift of 7,480 shares of common stock was made by the reporting person's wife to their grandson. This is reported due to the beneficial ownership rules for insiders.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a small personal gift by a director and does not reflect on company performance or strategy.

Key Dates

Keywords

United Guardian Inc., UG, Kenneth H. Globus, Insider Transaction, Form 4, Director, Beneficial Ownership, Stock Gift, Equity Transfer