08/31/2026 | Press release | Distributed by Public on 08/31/2026 14:41
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (2) | (2) | (2) | Common Stock | 60,791 | 60,791 | D | ||||||||
| Stock Options | $3 | (3) | 11/30/2030 | Common Stock | 10,000 | 10,000 | D | ||||||||
| Stock Options | $3.75 | (3) | 08/31/2029 | Common Stock | 10,000 | 10,000 | D | ||||||||
| Stock Options | $3.50 | (3) | 05/31/2028 | Common Stock | 1,000 | 1,000 | D | ||||||||
| Stock Options | $3.43 | (3) | 06/30/2028 | Common Stock | 2,160 | 2,160 | D | ||||||||
| Stock Options | $8.40 | (3) | 04/30/2027 | Common Stock | 1,000 | 1,000 | D | ||||||||
| Stock Options | $13.20 | (3) | 12/31/2027 | Common Stock | 1,000 | 1,000 | D | ||||||||
| Stock Options | $23.80 | (3) | 12/31/2026 | Common Stock | 1,000 | 1,000 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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PORCELAIN MICHAEL 11147 GLEN ORCHARD LN BOYNTON BEACH, FL 33473 |
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| /s/ Michael D. Porcelain | 08/31/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Grant pursuant to equity plan. |
| (2) | Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date, and (B) the occurrence of a Change in Control, which for purposes of this Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the date that is the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the date that is the eighteen (18) month anniversary of the Award Date. |
| (3) | Exercisable in full. |