Kornelsen Michael 4

What Happened
Michael Kornelsen, a director of Lifeloc Technologies, acquired 100 shares on 2026-06-16 via an open-market or private purchase at $2.50 per share, for a total of $250. This transaction was a purchase (which investors often view as more informative than routine sales).

Key Details

• Transaction date: 2026-06-16; transaction type: Purchase (code P — open market or private purchase)
• Price and amount: 100 shares at $2.50 each — $250 total
• Form 4 filed: 2026-06-24 (8 days after the transaction) — later than the standard two-business-day Form 4 reporting window
• Shares owned after transaction: Not specified in the provided filing details
• Footnote: Shares are beneficially held by EDCO Partners LLLP on behalf of the reporting person (Kornelsen)

Context
The purchase was small in dollar terms ($250), so while it is a buy by an insider, the size limits its market-signaling power. The filing shows the shares are held through an entity (EDCO Partners LLLP), which means beneficial ownership is via that vehicle rather than directly in the insider’s name.