Home / Auditor changes / FLANIGANS ENTERPRISES INC
Filed 2025-05-13 路 Form 8-K 路 Accession 0001174947-25-000763 nano
Price before filing: $22.97 (2025-05-12 close, split/dividend-adjusted)
Market cap at flag: $43.7M (2025-05-13) 路 Latest: $88.5M (2026-10-16)
| Window | BDL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +33.0% | +3.6% | +29.4% | 2025-06-12 |
| 90 days | +33.4% | +9.4% | +24.0% | 2025-08-11 |
| 180 days | +37.0% | +17.6% | +19.5% | 2025-11-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 2 insiders bought $331K (9 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-13: red flag filed | |||||||
| 2025-05-21 | BUCCI AUGUST Chief Operating Off., Director | Purchase | 2,000 | $26.73 | $53K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 3,000 | $24.63 | $74K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 997 | $24.51 | $24K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 3,000 | $24.51 | $74K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 3 | $23.75 | $71 | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 2,840 | $26.93 | $76K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 100 | $27.00 | $3K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 840 | $27.00 | $23K | no | Form 4 |
| 2025-05-21 | FLANIGAN JAMES II COO, President, Director | Purchase | 160 | $24.92 | $4K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-12 to 2025-06-12. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"Changes in Registrant's Certifying Accountant On May 9, 2025, Flanigan's Enterprises, Inc., (the "Company") was notified by Marcum LLP ("Marcum") that Marcum resigned as the independent registered accounting firm of the Company."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: resigned
Disagreements reported: no
Former auditor: Marcum LLP · New auditor: CBIZ CPAs P.C.
Why this score: auditor resigned; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.