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Chairman of Georgia-based F and M Holding wants to gift 798,829 shares to daughter

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Chairman of Georgia-based F and M Holding wants to gift 798,829 shares to daughter

Jerry Loftin intends to gift his 798,829 shares, or33.3% of total shares outstanding per class of securities, to his daughterLynley Loftin Hipps, according to a regulatory filing obtained recently byS&P Global Market Intelligence.

Hipps currently has 103 shares of the Manchester, Ga.-basedcompany. Loftin is chairman of F and M Holding, based on SNL records.