Jamaloodeen Ahmed 4

What Happened

• Dr. Jamaloodeen Ahmed, Chairman of the Board and President of ProText Mobility (TXTM) and a 10% owner, was granted convertible preferred stock and related derivative interests on June 3, 2022. The Form 4 lists four grant entries totaling 200,000 shares (66,667; 33,333; 66,667 derivative; 33,333 derivative) with nominal aggregate consideration of $200 ($67 + $33 + $67 + $33).
• These instruments are convertible preferred shares/derivatives (not open-market purchases or sales). The filing shows acquisition/award activity (transaction code A), not any sale of common stock.

Key Details

• Transaction date: June 3, 2022; Filing date (voluntary): April 28, 2026 (retrospective filing).
• Price/value: Entries listed at $0.00 per share with aggregate reported amounts of $67, $33, $67, $33 — total $200.
• Shares reported: 66,667 shares of Series D Convertible Preferred and 33,333 shares of Series A Convertible Preferred (as noted in remarks); total reported in the filing entries = 200,000 when including derivative entries.
• Shares owned after transaction: Beneficial ownership stated as 66,667 Series D and 33,333 Series A (per remarks); filing also notes percentage references to post-conversion common stock (see footnotes).
• Notable footnotes: F1 — Series D and Series A have no conversion expiration date. F2 — "Amount: 75% of post-conversion common stock." F3 — "Amount: 10% of post-conversion common stock."
• Timeliness: This Form 4 was filed voluntarily and retrospectively (filed in 2026 for a 2022 transaction); this is a late/voluntary disclosure intended for transparency.

Context

• These were grants/awards of convertible preferred stock and related derivative interests (not exercises of options or open-market trades). Convertible preferreds can be converted into common shares under the terms described in the company’s governing documents; the filing does not report any immediate conversion or sale.
• Dr. Ahmed is a co-founder and principal of RSAMMD Acquisitions LLC, which acquired control of ProText Mobility on June 3, 2022 via a share exchange. The filing is voluntary and presented for historical context and improved disclosure; it does not by itself indicate a buy/sell market signal.