GLENBROOK CAPITAL MANAGEMENT 4

What Happened
Glenbrook Capital Management (reported as a 10% owner) purchased a total of 85,901 SenesTech (SNES) shares in three open-market/private transactions between Feb 17 and Feb 19, 2026. The purchases reported were: 40,807 shares at $2.29 (reported value $93,493) on Feb 17; 10,481 shares at $2.29 (reported value $24,001) on Feb 18; and 34,613 shares at $2.40 (reported value $83,140) on Feb 19. These were purchases (code P), which investors often view as more informative than routine sales, though the filing does not state any motivation.

Key Details

• Transaction dates and prices: Feb 17 — 40,807 @ $2.29 ($93,493); Feb 18 — 10,481 @ $2.29 ($24,001); Feb 19 — 34,613 @ $2.40 ($83,140).
• Total shares acquired: 85,901; total reported value: $200,634.
• Shares owned after transaction: not specified in the summary data here — see the full Form 4 for post-transaction beneficial ownership totals.
• Footnote: Securities are held directly by PFS Trust and the Glenbrook Capital Management Inc. Employee Profit-Sharing Plan; Glenbrook serves as investment manager and disclaims beneficial ownership except for any pecuniary interest (per filing footnote F1).
• Filing: Form 4 filed Feb 19, 2026 reporting trades from Feb 17–19; this appears to be within the standard two-business-day reporting window.

Context

• Transaction code P indicates purchases (open market or private), not option exercises or awards.
• As a reported 10% owner and investment manager to the trusts/plans holding the shares, Glenbrook is an institutional actor — the filing notes it disclaims direct beneficial ownership beyond any pecuniary interest.
• The filing is factual and does not state intent; purchases by large holders can be informative, but do not by themselves explain strategy or future company prospects.