10/02/2026 | Press release | Distributed by Public on 10/02/2026 11:07
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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 | ||||||||
| Obligation to Buy (Initial Purchase)(2) | $1.85 | 09/30/2026 | X | 176,006 | 08/06/2026 | 09/30/2026 | Common Stock | 176,006 | $ 0 | 0 | D(1) | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Kotarba Partners Fund I, LP 1827 BROKEN BEND DRIVE WESTLAKE, TX 76262 |
X | |||
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Kotarba Partners & Co, LLC 1827 BROKEN BEND DRIVE WESTLAKE, TX 76262 |
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| Kotarba Partners Fund I, LP By: /s/ Scott Kotarba Scott Kotarba, Managing Member of Kotarba Partners & Co, LLC, General Partner of Kotarba Partners Fund I, LP | 09/30/2026 | |
| **Signature of Reporting Person | Date | |
| Kotarba Partners & Co, LLC By: /s/ Scott Kotarba Scott Kotarba, Managing Member | 09/30/2026 | |
| **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) | Kotarba Partners & Co, LLC is the general partner of Kotarba Partners Fund I, LP (the "Fund"). The Fund acquired the shares as specified in Table I and holds them directly. Kotarba Partners & Co, LLC, as general partner of the Fund, may be deemed to possess the power to vote and to dispose or to direct the disposition of the shares held by the Fund. Kotarba Partners & Co, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the filing of this report shall not be deemed an admission that it is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose. |
| (2) | The shares reported in Table I are held directly by Kotarba Partners Fund I, LP. The derivative security reported in Table II represents the obligation of Kotarba Partners Fund I, LP to purchase 176,006 shares of common stock at $1.85 per share at the Initial Closing under the Purchase and Sale Agreement dated August 6, 2026 between The Oregon Community Foundation, as seller, and Kotarba Partners Fund I, LP, as buyer. That obligation was satisfied in full at the Initial Closing on September 30, 2026 and no portion of it remains outstanding. The Purchase Option to acquire up to a further 562,528 shares, reported on the Form 3 filed August 17, 2026, is unchanged and is not reported on this Form 4. |