The gift to irrevocable trusts is an estate planning move, not a change in control or strategy. Monitor for any subsequent 13D amendments that might signal a shift in Kapoor's intentions regarding his remaining controlling stake.
Price Chart
Executive Summary
Al Kapoor, Chairman & CEO of Syntec Optics Holdings, filed an amended Schedule 13D reporting a gift of 1,000,000 shares to irrevocable trusts on September 18, 2026. After the gift, Kapoor retains 29,631,090 shares, representing 73.56% of the outstanding common stock. The gift reduces his direct holdings but does not change his control position or stated intentions.
Key Financial Metrics
Key Facts
- Al Kapoor gifted 1,000,000 shares of Syntec Optics Class A Common Stock to irrevocable trusts on September 18, 2026.
- Kapoor disclaims beneficial ownership of the gifted shares held by the trusts.
- After the gift, Kapoor owns 29,631,090 shares, representing 73.56% of outstanding shares based on 40,279,878 shares outstanding per the most recent 10-Q.
- No change in Kapoor's sole voting and dispositive power over his remaining shares.
- No other acquisitions or dispositions by Kapoor in the past 60 days.
Financial Impact
Gift of 1,000,000 shares, representing approximately 2.5% of outstanding shares. No cash consideration involved.
Risk Factors
- Potential future selling by the trusts could increase float and pressure the stock.
- No change in Kapoor's control position reduces the likelihood of a near-term liquidity event or strategic change.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (Primary) | 0001493152-26-043480 |
| Document: 0001493152-26-043480-index.html | 0001493152-26-043480 |
| Document: 0001493152-26-043480.txt | 0001493152-26-043480 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $6.56 $7.03 | ▲ +7.16% | ▲ +6.60% | $7.03 (+7.16%) |
Sep 21, 2026 5w ago | SC 13D/A | $7.89 $7.34 | ▼ −6.97% | ▼ −6.96% | $7.03 (−10.90%) |
Sep 21, 2026 5w ago | Press Release | $7.89 $7.34 | ▼ −6.97% | ▼ −6.96% | $7.03 (−10.90%) |
Aug 26, 2026 8w ago | Insider Buy | $8.51 $8.73 | ▲ +2.59% | ▲ +1.93% | $7.03 (−17.39%) |
Jun 16, 2026 19w ago | Press Release | $11.38 $12.87 | ▲ +13.09% | ▲ +14.34% | $7.03 (−38.22%) |
Jun 9, 2026 20w ago | Press Release | $11.63 $12.80 | ▲ +10.06% | ▲ +11.64% | $7.03 (−39.55%) |
Jun 1, 2026 21w ago | Press Release | $10.84 $13.23 | ▲ +22.05% | ▲ +21.90% | $7.03 (−35.15%) |
May 19, 2026 23w ago | Press Release | $7.63 $9.02 | ▲ +18.22% | ▲ +17.18% | $7.03 (−7.86%) |
May 15, 2026 23w ago | Press Release | $6.55 $7.63 | ▲ +16.49% | ▲ +17.14% | $7.03 (+7.33%) |
May 15, 2026 23w ago | Press Release | $7.16 $6.55 | ▼ −8.52% | ▼ −8.46% | $7.03 (−1.82%) |
US Market Status
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