Al Kapoor gifted 1,000,000 Syntec Optics Class A shares to irrevocable trusts on September 18, 2026, while reporting ownership of 29,631,090 shares, or approximately 73.56% of outstanding stock. For investors, the disclosed holding remains well above five percent, with sole voting and disposition power reported over those shares.

Key Highlights

  • Al Kapoor transferred 1,000,000 Syntec Optics Class A shares to irrevocable trusts on September 18, 2026.
  • The reported position totals 29,631,090 common shares, representing approximately 73.56% of shares outstanding.
  • The trusts receive no voting or Investment control from Kapoor, who disclaims beneficial ownership of their securities.

SYNTEC OPTICS HOLDINGS, INC. (NASDAQ: OPTX) is an electronic components company. Al Kapoor gifted 1,000,000 shares of its Class A common stock to irrevocable trusts on September 18, 2026, while reporting ownership of 29,631,090 common shares. That position represents approximately 73.56% of the 40,279,878 shares outstanding.

1M Class A Share Gift to Irrevocable Trusts

The ownership update amended the initial Schedule 13D statement dated November 14, 2023. Kapoor also stated that he had no other acquisitions or dispositions of Syntec Optics securities during the past 60 days. Shared voting power and shared dispositive power were each reported for zero shares.