January 24, 2024 · Form 4 insider transaction
Fundamental Global GP, LLC sold 52,000 shares of BKTI at $12.55 per share, a transaction worth $652.6K. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
On January 24, 2024, Fundamental Global GP, LLC ("FGGP") entered into an Agreement ("Agreement") with the Company, pursuant to which FGGP delivered 52,000 shares of the Company's Common Stock to the Company, as settlement of the full withdrawal and redemption proceeds with respect to the Series B Common limited liability company membership interest in FG Financial Holdings, LLC held by the Company.; The partnerships managed by FGGP beneficially own in the aggregate 486,709 shares of Common Stock, which represent approximately 14.1% 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").; 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.