Al Kapoor gifted 1,000,000 SYNTEC OPTICS Class A shares at $0 per share to irrevocable trusts, while reporting ownership of 29,631,090 shares, or approximately 73.56% of outstanding stock. The transfer matters to investors because Kapoor retains sole voting and disposal power over his reported holdings and remains above five percent ownership.

Key Highlights

  • Al Kapoor transferred 1,000,000 Class A common shares to irrevocable trusts on September 18, 2026.
  • His reported position totals 29,631,090 common shares, equal to approximately 73.56% of outstanding stock.
  • Kapoor holds sole voting and disposal authority over the reported shares, with shared power over zero shares.

SYNTEC OPTICS HOLDINGS, INC. (NASDAQ: OPTX) is an electronic components company. Al Kapoor gifted 1,000,000 Class A common shares to irrevocable trusts at $0 per share on September 18, 2026, while reporting ownership of 29,631,090 shares. That position represents approximately 73.56% of the company’s outstanding common stock.

The trusts have no voting or Investment control exercised or shared by Kapoor. The ownership percentage is based on 40,279,878 outstanding common shares reported on August 10, 2026.

Kapoor retains sole authority to vote or direct the vote of 29,631,090 common shares in SYNTEC OPTICS. He also has sole authority to sell or direct the sale of those shares. Shared voting power and shared disposal power cover zero shares.

Investor Insights

The transfer was described as a gift to irrevocable trusts. The amendment was signed by Al Kapoor, identified as Chairman & CEO, on September 20, 2026.