BFNH CEO Richard Kaiser Receives 316,909-Share Award

What Happened

• Richard Kaiser, CEO, CFO and a director of BioForce Nanosciences Holdings, Inc. (BFNH), received a grant of 316,909 restricted shares on 2026-08-31 at $0.55 per share (value reported $174,300). Earlier in the reporting period he disposed of 4,132,000 shares by gift (4/20/2026) and an additional 38,462 shares on 8/20/2026 in an other disposition at $0.65 per share (proceeds $25,000). Total disposed shares in the filing equal 4,170,462 shares with reported aggregate value of $29,132. The award (A) is an acquisition; the gift (G) and the other disposition (J) are disposals.

Key Details

• Transactions and prices:
  • 2026-04-20: Gift of 4,132,000 shares (code G); filing shows $4,132 aggregate value.
  • 2026-08-20: Other disposition of 38,462 shares (code J) at $0.65/share — $25,000.
  • 2026-08-31: Grant/award of 316,909 shares (code A) at $0.55/share — $174,300.
• Shares owned after these transactions: Not disclosed in the provided filing excerpt.
• Notable footnotes:
  • F1: 38,000 of the 38,462 shares (the 8/20 disposition) are held in YES INTERNATIONAL’s name, an LLC 100% controlled by Mr. Kaiser.
  • F2: The 8/20 disposition reflects shares used to pay a residential landscape contractor in lieu of cash on a promissory note from 2020 (amount $25,000).
  • F3: The 8/31 award represents restricted shares issued in lieu of cash for a portion of accrued wages through April 30, 2026.
• Filing timeliness: The Form 4 was filed on 2026-09-02 while the report period includes transactions from April–August 2026; the filing appears to be delayed relative to the April transaction.

Context

• The 8/31 transaction is an award of restricted shares in lieu of cash wages (a non-market purchase), which is more informative than routine disposals because it increases insider ownership without a cash outlay.
• The 4/20 gift is a non‑market transfer and generally does not signal trading intent or market sentiment.
• The 8/20 disposition was a non-standard payment (shares used to satisfy a promissory note/contractor payment), not a typical open‑market sale.