ENDEAVOR FOUNDATION, INC. 4

What Happened
Endeavor Foundation, Inc., reported as a 10% owner of Central Securities Corp (CET), disposed of 20,160 shares on March 26, 2026 as a gift (transaction code G). No per-share price or cash proceeds are reported for a gift; the filing notes the transfer is a "bona fide gift."

Key Details

• Transaction date: 2026-03-26 (Period of Report)
• Filing date: 2026-03-30 (Form 4 filed within the 2-business-day reporting window)
• Transaction type: Gift (G); disposition of 20,160 shares — price: N/A; total proceeds: N/A
• Footnote: F1 — "Bona fide Gift"
• Shares owned after the transaction: not specified in the provided excerpt of the filing
• Accession: 0001209992-26-000031

Context
Gifts are transfers for tax, estate planning, or charitable reasons and do not necessarily signal the donor's view of the company's prospects. As a 10% owner, Endeavor Foundation is a major shareholder rather than a company executive; such institutional transfers are common and should be interpreted differently than routine insider buys or sells.