SEC Form 4 Transaction Code

Code G

Gift

Shares donated to a charitable organization or gifted to a family member. Not a market transaction and should be excluded from capital flow analysis.

Signal_Context

Non-market signal

Code G reflects gifts and should usually be excluded from buy/sell net flow calculations.

How to read Code G

  • Start by confirming whether the transaction appears in Table I or Table II.
  • Compare the transaction value against the insider's remaining ownership.
  • Read footnotes for 10b5-1 plans, tax withholding, trusts, gifts, or issuer-directed actions.
  • Do not mix compensation mechanics with voluntary open-market buying or selling.

See this code in live Form 4 data

Form 4 Code G — FAQ

>What does Form 4 Code G mean?

Form 4 Code G means Gift. The exact investment signal depends on whether the transaction is voluntary, mechanical, compensation-related, or disclosed with additional footnotes.

>Is Form 4 Code G bullish or bearish?

Code G reflects gifts and should usually be excluded from buy/sell net flow calculations.

>How should investors use Code G in insider trading analysis?

Investors should compare the code against transaction value, remaining ownership, insider rank, timing, and related transactions before assigning sentiment.