09/30/2025 | Press release | Distributed by Public on 09/30/2025 17:08
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Nahmad Henry M 4500 BISCAYNE BLVD. SUITE 340 MIAMI, FL 33137 |
X | X | Chairman, CEO and President |
/s/ Henry M. Nahmad | 09/30/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares of the issuer's common stock surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock awards previously granted to Henry M. Nahmad. |
(2) | Represents the closing price of the issuer's common stock on September 26, 2025, the last trading day prior to the vesting date. |
(3) | The Form 4 filed by Mr. Nahmad on September 15, 2025 inadvertently reported that he was granted 173,365 shares of the issuer's common stock on September 11, 2025 and, accordingly, that following such transaction he directly owned 1,626,689 shares of the issuer's common stock. The actual number of shares granted to him on September 11, 2025 was 173,635 shares. As a result, following such transaction, he directly owned 1,626,959 shares of the issuer's common stock and, following the transaction reported on this Form 4, he now directly owns 1,617,001 shares of the issuer's common stock. |
(4) | Mr. Nahmad is the sole manager of Symmetric Capital LLC. Mr. Nahmad disclaims beneficial ownership of the shares of the issuer's common stock held by Symmetric Capital LLC except to the extent of his pecuniary interest therein. |