Marks Howard Edward 4

What Happened

• Howard Edward Marks, CEO of StartEngine Crowdfunding, Inc. (STGC), reported sales of a total of 4,729 shares on April 27, 2026. The disposals comprised:
  • 3,827 shares sold at $1.60 each for $6,123;
  • 363 shares sold at $1.60 each for $581;
  • 492 shares and 47 shares shown with $0.00 price (dispositions with no cash proceeds).
• All sales were reported as dispositions (S) and were made pursuant to an offering statement qualified under Regulation A. The $0.00 line items are identified as Bonus Shares sold under that offering.

Key Details

• Transaction date: April 27, 2026 (reported on Form 4 filed April 29, 2026).
• Prices and proceeds: 3,827 @ $1.60 ($6,123); 363 @ $1.60 ($581); 492 @ $0.00 ($0); 47 @ $0.00 ($0). Total disclosed proceeds approximately $6,704.
• Shares disposed (total): 4,729.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnotes:
  • F1/F3: Sales pursuant to an offering statement qualified under Regulation A.
  • F2/F4: Certain shares were “Bonus Shares” sold under that offering (those show $0 proceeds).
  • F5: Marks Irrevocable Trust is held for the benefit of Mr. Marks’ family; Mr. Marks is not the trustee nor is the trust held for his benefit.
• Timeliness: Form 4 was filed two days after the transaction date (Apr 29 for Apr 27), which appears timely under Form 4 rules.

Context

• These are outright sales (not purchases or option exercises). Sales are common for liquidity or regulatory/offering-related reasons and do not by themselves indicate management’s view of the company’s future.
• The transactions were executed through a Regulation A offering and include Bonus Shares treatment; that structure can produce non‑cash disposals and different reporting lines than typical open‑market trades.