LORBER HOWARD M sold NATH

October 26, 2026 · Form 4 insider transaction

LORBER HOWARD M sold 20,000 shares of Nathan's Famous Inc at $102.00 per share, a transaction worth $2.04M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.

Direction
Disposed (sell-side)
Shares
20,000
Price
$102.00
Total value
$2.04M
RoleOfficer, Director
SecurityRestricted Stock Units
Transaction codeD: Disposition to the issuer
Transaction dateOctober 26, 2026
Filing dateOctober 26, 2026
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

On October 26, 2026, Nathan's Famous Inc., a Delaware corporation (the "Company"), consummated the transactions contemplated by that certain Agreement and Plan of Merger, dated January 20, 2026 (the "Merger Agreement"), by and among the Company, Smithfield Foods, Inc., a Virginia corporation ("Parent") and Boardwalk Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Parent (the "Closing"). Upon the Closing, each outstanding share of common stock, par value $0.01 per share, of the Company ("Common Stock") was cancelled and automatically converted into the right to receive $102.00 in cash, without interest and less any applicable withholding tax, under the terms and subject to the conditions set forth in the Merger Agreement (the "Merger Consideration").; Pursuant to the Merger Agreement, immediately prior to the Closing, each outstanding restricted stock unit ("RSUs") award was deemed to have been earned and became fully vested, and was canceled and extinguished as of the Closing and, in exchange, each former holder of any such Company RSU had the right to receive from Parent or the Surviving Corporation an amount in cash equal to the product obtained by multiplying the number of shares of Common Stock subject to such Company RSU by the Merger Consideration.

View the original Form 4 on SEC EDGAR