LITVACK SANFORD M 4

What Happened

• The reporting person named in the Form 4 for Factorial Energy, Inc. filed an “Exit” Form 4 to report they are no longer subject to Section 16 obligations. No purchases, sales, option exercises, or awards are reported in this filing — it is an administrative notice only.
• Filing date: 2026-06-09 (Period of Report: 2026-06-05). Accession: 0001104659-26-071834.

Key Details

• Transaction type: Exit/administrative filing — no securities transactions reported.
• Dates: Period of Report 2026-06-05; Form 4 filed 2026-06-09.
• Shares owned after transaction: Not changed / no change in beneficial ownership reported in this filing.
• Footnote in filing: “This ‘Exit’ Form 4 is being voluntarily filed solely to report that the Reporting Person is no longer subject to Section 16.”
• No 10b5-1 plan, tax withholding, or derivative actions are reported here (none disclosed).

Context

• An Exit Form 4 is typically administrative: it notifies the market that the individual is no longer a Section 16 reporting person (often due to leaving a director/officer role or falling below a 10% ownership threshold). It does not itself indicate buying or selling activity or express confidence in the company’s outlook.
• For investors: this filing is informational only and not a trading signal. Purchases or sales reported on Form 4s are generally more relevant for assessing insider sentiment than an exit notification.