TOBIAS DAVID 4

What Happened

• Tobias David, a reported 10% owner of Dogecoin Cash, Inc. (ticker CBDS), sold shares in two transactions. The filing reports a sale of 200,000 shares on 2026-06-22 and 150,000 shares on 2026-06-30. Each sale is reported at $0.01 per share; the filing lists reported proceeds of $1,500 and $1,275 respectively (combined reported proceeds $2,775). These were disposals (sales), which are typically routine liquidity events rather than an explicit bullish signal.

Key Details

• Transaction dates and prices:
  • 2026-06-22: Sold 200,000 shares at $0.01; reported proceeds $1,500.
  • 2026-06-30: Sold 150,000 shares at $0.01; reported proceeds $1,275.
• Total reported sold: 350,000 shares; combined reported proceeds $2,775.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Method: Reported as "open market or private sale" (Sale code S).
• Filing timeliness: Form 4 was filed 2026-07-02. The 2026-06-22 sale appears to have been reported late (Form 4s are generally due within 2 business days of the transaction); the 6/30 sale may or may not meet the 2‑business‑day window depending on holidays/weekends.
• Notable data point: The per‑share price listed ($0.01) times the total shares sold (350,000) would equal $3,500, but the filing reports combined proceeds of $2,775 — investors should rely on the filing’s reported totals or consult the company/SEC filing for clarification.

Context

• Tobias David is reported as a 10% owner — this identifies him as a significant shareholder, not necessarily a company executive. Sales by significant owners are common for liquidity reasons and do not, by themselves, indicate management’s view of the company’s prospects.
• No options, awards, gifts, or tax‑withholding events are reported in this filing; these are straightforward share disposals.