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Trans World Entertainment Corporation Message Board

  • smaycs4 smaycs4 Jul 15, 2013 4:28 PM Flag

    Higgins form 4 todqay. 600k shares distributed to his kids

    5. 600,000 shares held in the Robert J. Higgins 2012 Irrevocable Trust, established 12/28/2012, were distributed from the trust to Mr. Higgins' children. Mr. Higgins' spouse is trustee for the trust.
    Could mean some of those shares may be sold. Could be coincidence.

    Im not clear on once those shares are distributed if Higgins would have to file if they were sold shortly after.

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    • Another form 4 by Higgins.

      Sure looks like he is giving away a lot of shares that will be sold. Perhaps into the tender offer ?

      Wonder if it will be oversubscribed ?

      Im going to hold...give him a few more years to see if he can grow it.

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