Mathews Joseph 4

What Happened
Joseph Mathews, Chief Technology Officer of StartEngine Crowdfunding, Inc. (STGC), reported sales on March 12, 2026. He disposed of 6,410 shares at $1.60 each for proceeds of $10,256, and a separate disposition of 919 shares reported at $0.00 (no proceeds). Both transactions are coded as sales (S) and were reported on a Form 4 filed March 16, 2026.

Key Details

• Transaction date: March 12, 2026; Form 4 filed: March 16, 2026 (filing is within the standard 2 business‑day reporting window).
• Sale 1: 6,410 shares @ $1.60 — proceeds $10,256.
• Sale 2: 919 shares @ $0.00 — proceeds $0.
• Total reported proceeds: $10,256.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1 — The shares sold were sold pursuant to an offering statement qualified under Regulation A.
  • F2 — The 919 shares reported at $0 were "Bonus Shares" as defined in the referenced offering statement and were disposed pursuant to that offering statement.
• No 10b5‑1 plan, tax withholding, or other trading plan was reported in the provided details.

Context
These are reported sales (not purchases); sales by insiders are often routine (e.g., liquidity from a Reg A offering) and do not by themselves indicate company performance. The filing attributes the transactions to a Regulation A offering and notes the second lot as Bonus Shares per the offering materials, which explains the $0 reporting for that line.