Miller Ronald David 4

What Happened
Ronald David Miller, a director of StartEngine Crowdfunding, sold 75,114 common shares on 2026-03-12 at $1.60 per share for total proceeds of $120,182. The filing also reports the disposition of 10,772 shares with a $0.00 price, identified as Bonus Shares under the same offering.

Key Details

• Transaction date(s): 2026-03-12. Transaction code: S (Sale).
• Prices and totals: 75,114 shares @ $1.60 = $120,182; 10,772 shares @ $0.00 = $0.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 — sale pursuant to an offering statement qualified under Regulation A; F2 — the zero-priced shares were Bonus Shares sold under that offering statement.
• Filing timeliness: Form 4 filed 2026-03-16 covering the 2026-03-12 transactions; this filing date is within the SEC’s two-business-day window and is timely.

Context
These were dispositions (sales) tied to a Regulation A offering rather than open-market purchases. Sales associated with registered/qualified offerings or bonus-share distributions often relate to financing or distribution mechanics and are not a direct signal of insider confidence; they should be interpreted as factual disclosures rather than motive-based guidance.