Fundamental Global GP, LLC - 29 Jan 2024 Form 4 Insider Report for BK Technologies Corp (BKTI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 Jan 2024, 19:22:41 UTC
Prior SEC filing
26 Jan 2024
Next SEC filing
01 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
FUNDAMENTAL GLOBAL GP, LLC /S/ D. KYLE CERMINARA, CHIEF EXECUTIVE OFFICER

Key filing fact

Fundamental Global GP, LLC filed Form 4 for BK Technologies Corp (BKTI) on 31 Jan 2024.

Key facts

  • This page summarizes Fundamental Global GP, LLC's Form 4 filing for BK Technologies Corp (BKTI).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 31 Jan 2024, 19:22.

Change

  • Previous filing in this sequence was filed on 26 Jan 2024.
  • Current net transaction value: -$260,367.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BKTI transaction

Common Stock, par value $0.60 per share

Sale

Transaction value
$173,686
Shares
-13,906
Change %
-5.2%
Price
$12.49
Shares after
256,028
Date
29 Jan 2024
Ownership
BK Technologies Holdings, LLC
Footnotes
F1, F2, F3
BKTI transaction

Common Stock, par value $0.60 per share

Sale

Transaction value
$86,681
Shares
-7,053
Change %
-2.8%
Price
$12.29
Shares after
248,975
Date
30 Jan 2024
Ownership
BK Technologies Holdings, LLC
Footnotes
F1, F2, F4
BKTI holding

Common Stock, par value $0.60 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
216,775
Date
29 Jan 2024
Ownership
Fundamental Global Holdings, LP
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The partnerships managed by FGGP beneficially own in the aggregate 465,750 shares of Common Stock, which represent approximately 13.5% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BK Technologies Holdings, LLC ("BKTH") and Fundamental Global Holdings, LP ("FGHP").

Footnote F2

Due to his position with FGGP and affiliated entities, Mr. D. Kyle Cerminara may be deemed to be beneficial owner of the shares of Common Stock disclosed as directly owned by BKTH and FGHP. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. In addition, Mr. Cerminara also holds additional shares of Common Stock.

Footnote F3

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.36 to $12.73 inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

Footnote F4

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.10 to $12.41 inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

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