Howard Lorber reports shares returned to the company at NATH
By AlphaYouPublished Form 4
LORBER HOWARD M
Reporting filer
Howard Lorber reports shares returned to the company, not an open-market purchase or sale, in Nathans Famous, Inc.. Form 4 filed Oct 26, 2026 lists 4 entries.
- Disclosed
- Oct 26, 2026
Reported details
4 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | LORBER HOWARD M | 2026-10-26 | D | Disposition to issuer | 719521 | Not stated (see footnotes) | 0 | 0 days | Filed terms
|
| Common Stock | LORBER HOWARD M | 2026-10-26 | D | Disposition to issuer | 20320 | Not stated (see footnotes) | 0 | 0 days | Filed terms
|
| Common Stock | LORBER HOWARD M | 2026-10-26 | D | Disposition to issuer | 250000 | Not stated (see footnotes) | 0 | 0 days | Filed terms
|
| Restricted Stock Units (derivative) | LORBER HOWARD M | 2026-10-26 | D | Disposition to issuer | 20000 | 102.00 | 0 | 0 days | Filed terms
|
Common Stock
- Owner
- LORBER HOWARD M
- Date
- 2026-10-26
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 719521
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 719521
- id: F1
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Common Stock
- Owner
- LORBER HOWARD M
- Date
- 2026-10-26
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 20320
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 20320
- id: F1
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- id: F3
- nature Of Ownership: Lorber Gamma LP
Common Stock
- Owner
- LORBER HOWARD M
- Date
- 2026-10-26
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 250000
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 250000
- id: F1
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- id: F4
- nature Of Ownership: Lorber Alpha II LP
Restricted Stock Units (derivative)
- Owner
- LORBER HOWARD M
- Date
- 2026-10-26
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 20000
- Price
- 102.00
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- id: F2
- transaction Date: 2026-10-26
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 20000
- transaction Price Per Share: 102.00
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 20000
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- LORBER HOWARD M: Executive Chairman, Director, 10% owner.
- F1: 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").
- F2: 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.
- F3: Represents shares owned by the Lorber Gamma LP (the "Lorber LP"). Mr. Lorber serves as the Managing Member of the Lorber LP's general partner and as such has voting and dispositive power with respect to such shares.
- F4: Represents shares owned by the Lorber Alpha II LP (the "Lorber II LP"). Mr. Lorber serves as the Managing Member of the Lorber II LP's general partner and as such has voting and dispositive power with respect to such shares.
Original sources
Prepared automatically from public filing data. Report a correction.