TOBIAS DAVID 4

What Happened

• Tobias David, reported as a 10% owner of Dogecoin Cash, Inc. (ticker: CBDS), sold shares in two transactions. He disposed of 135,000 shares on 2026-02-10 and 300,000 shares on 2026-02-12 at reported prices of $0.02 per share. The Form 4 lists reported proceeds of $2,403 and $5,580 respectively, for combined proceeds of $7,983. These were sales (not purchases), which are often routine liquidity events rather than a bullish signal.

Key Details

• Transaction dates and prices:
  • 2026-02-10: sale of 135,000 shares at $0.02; reported proceeds $2,403.
  • 2026-02-12: sale of 300,000 shares at $0.02; reported proceeds $5,580.
• Total shares sold: 435,000; total reported proceeds: $7,983.
• Transaction type: S = Sale (open market or private sale as noted on the Form 4).
• Shares owned after transaction: Not disclosed in the material you provided (check the full Form 4 for the “Amount of Securities Owned Following Reported Transaction” field).
• Filing timeliness: The Form 4 was filed on 2026-02-19 for transactions in early Feb (Period of Report 2026-02-10), which appears late relative to the usual two-business-day reporting requirement; late filings reduce transparency and can be noted by investors.

Context

• As a 10% owner (a large shareholder, not necessarily an executive), Tobias David’s sale is a transfer of existing holdings rather than an insider purchase that might indicate confidence. The dollar amounts here are modest (~$8k total), so the trades are relatively small in value. No 10b5-1 plan, tax withholding, or other footnotes were provided in the supplied details; consult the full Form 4 for any additional disclosures.