02/27/2026 | Press release | Distributed by Public on 02/27/2026 17:05
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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 | ||||||||
| Senior Convertible Promissory Note | $0.35 | 04/28/2025(3) | 04/30/2030 | Common Stock | 590,954 | 590,954(4) | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Goldfarb Claudia 1918 N. OLIVE STREET APT 3302 DALLAS, TX 75201 |
X | X | Chief Operating Officer | |
| /s/ Claudia Goldfarb | 02/27/2026 | |
| **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) | Mrs. Goldfarb owns 556,072 shares held as joint tenants with right of survivorship with Mrs. Goldfarb's spouse, Ira Goldfarb, who is also a reporting person, and over which they share control and pecuniary interest. |
| (2) | Shares held by S-FDF, LLC over which Mrs. Goldfarb and her spouse Ira Goldfarb (who is also a director, officer and indirect 10% beneficial owner of the issuer) share control and pecuniary interest. |
| (3) | The Senior Convertible Promissory Notes are convertible at the election of the holders at any time, in whole or in part, into shares of common stock based on a price per share equal to the average closing price of such common stock for the five trading days immediately prior to the execution of and entry into the New Notes. |
| (4) | Mrs. Goldfarb owns 292,425 shares underlying the senior convertible promissory note as joint tenants with right of survivorship with Mrs. Goldfarb's spouse, Ira Goldfarb, who is also a reporting person, and over which they share control and pecuniary interest. |