Elements Corporate Services Ltd 4

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.