GENCOR INDUSTRIES INC (GENC): M&A transaction — Marc Elliott gains control of Gencor after E.J. Elliott gifts LLC interests; holds 95.5% of Class B stock

GENCOR INDUSTRIES INC

E.J. Elliott gifted his LLC membership interests to Marc G. Elliott on May 1, 2026, transferring control.
Marc Elliott indirectly owns 14.5% of common stock and 95.5% of Class B stock, giving control.
Class B stock elects 75% of board; Marc Elliott's 95.5% Class B stake enables board control.
Marc Elliott disclaimed beneficial ownership beyond pecuniary interest; no other control change plans known.

item 5.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.4

GENCOR INDUSTRIES INC underwent a change of control (closed 2026-05-01).

Action: change of control
Closing: 2026-05-01

Exact text from the filing

a change in control of Gencor Industries, Inc. (the “Company”) may be deemed to have occurred in connection with the transfer of indirect beneficial ownership of shares of the Company’s common stock and Class B stock from certain persons, including E.J. Elliott, to Marc G. Elliott.

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Source: SEC EDGAR

accession 0001193125-26-212435

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