COTHILL MICHAEL 4

What Happened

• Michael Cothill, listed as a 10% owner of Hammer Technology Holdings Corp. (HMMR), reported purchases totaling 10,754,542 shares across two transactions. On April 27, 2026 he (via a related entity) acquired 600,000 shares at $0.10 each ($60,000). On May 25, 2026 he (via a related entity) acquired 10,154,542 shares at about $0.26 each (filing reports $2,680,799). Combined purchase value ≈ $2,740,799. These were purchases (code P).

Key Details

• Transaction dates & prices:
  • 2026-04-27: 600,000 shares at $0.10 — $60,000 (Footnote F1: purchased by related-party Mica Investments LLC; Cothill has a general partner/managing member interest)
  • 2026-05-25: 10,154,542 shares at ~$0.26 — $2,680,799 (Footnote F2: purchased by related-party Caban Global Reach Private Equity LP; Cothill has a general partner/managing member interest; footnote shows $0.264)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: Both purchases were made by related entities in which Cothill holds a general partner/managing member interest (indirect acquisitions rather than direct personal purchases).
• Filing timeliness: Form 4 was filed on 2026-06-29. The May 25 purchase was reported more than two business days after the trade, indicating a late filing (could be administrative, but late filings can attract regulatory attention).

Context

• As a 10% owner, Cothill’s transactions are reported as beneficial/indirect ownership through affiliated entities. Such purchases show insiders increasing exposure but do not by themselves explain motives.
• No options, gifts, or immediate resale were reported in the provided filing; these were straightforward acquisitions by related-party vehicles.