Elements Corporate Services Ltd 4
4 · FiEE, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
FiEE (FIEE) 10% Owner Elements Corporate Services Ltd Buys Stock
What Happened
- Elements Corporate Services Ltd, reported as a 10% owner of FiEE, Inc. (FIEE), purchased 2,138,181 common shares at $1.29 each (total ~$2,758,253) on 2026-02-10.
- The filing also shows an acquisition of 54,652 derivative securities at $1.81 each (total ~$98,920). Both transactions are purchases (code P), representing a net cash outlay of about $2.86 million. Purchases are often watched as a more informative insider signal than sales, though no motive is stated.
Key Details
- Transaction date(s): 2026-02-10; Form 4 filed 2026-02-12 (timely within the 2-business-day reporting window).
- Prices and amounts: 2,138,181 shares @ $1.29 = $2,758,253; 54,652 derivative shares @ $1.81 = $98,920; total ≈ $2,857,173.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes of note:
- F1: Securities are owned directly by Elements Corporate Services Ltd (a Hong Kong company). Wong Man Ching is Elements’ sole director and shareholder and may be deemed the beneficial owner of the securities held by Elements.
- F2: The derivative reported relates to Series A Convertible Preferred Stock, convertible into 1.4 shares of FiEE common per preferred share, subject to a 19.99% beneficial ownership limitation; preferred votes on an as-converted basis and conversion rights do not expire.
- Transaction type: Institutional purchase by a 10% owner (not a standard executive sale).
Context
- These are outright purchases and an acquisition of a convertible security; the derivative is a preferred instrument convertible into common stock under the terms noted in F2.
- Because Elements is a reported 10% owner and the filing indicates the involvement of a corporate nominee (per F1), this should be viewed as institutional/beneficial-owner activity rather than an individual executive's routine compensation or sale.
- The filing was timely, so there’s no late-reporting concern noted.
Insider Transaction Report
Form 4
FiEE, Inc.FIEE
Elements Corporate Services Ltd
10% Owner
Transactions
- Purchase
Common Stock
[F1]2026-02-10$1.29/sh+2,138,181$2,758,253→ 3,119,830 total - Purchase
Series A Convertible Preferred Stock
[F2][F1]2026-02-10$1.81/sh+54,652$98,920→ 54,652 total→ Common Stock (76,513 underlying)
Footnotes (2)
- [F1]The securities are owned directly by Elements Corporate Services Limited, a Hong Kong limited company ("Elements"). Wong Man Ching is the sole director and sole shareholder of Elements, and as a result, Ms. Wong may be deemed to have beneficial ownership of the securities held by Elements.
- [F2]The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible into shares of common stock, par value $0.01 per share ("common stock") of FiEE, Inc. (the "Issuer") at a ratio of 1.4 shares of common stock for each share of Preferred Stock, subject to a 19.99% beneficial ownership limitation. Preferred Stock votes on matters of the Issuer on an as-converted basis, without regard to such beneficial ownership limitation. The right to convert shares of Preferred Stock into shares of common stock does not expire.