Jamaloodeen Ahmed 4

What Happened
Dr. Ahmed Jamaloodeen, Chairman and President of ProText Mobility (TXTM) and a 10% owner, reported large open‑market purchases under an ongoing discretionary stock purchase program plus earlier award entries. The Form 4 shows cumulative open‑market purchases of 89,866,874 shares as of 12/31/2024, an additional 7,170,075 shares as of 09/30/2025, and 45,212,287 shares as of 04/07/2026 — a total of 142,249,236 shares purchased under the program. The filing also records awards/convertible preferred holdings acquired on 06/03/2022: 66,667 Series D and 33,333 Series A (reported at nominal values of $67 and $33).

Key Details

• Transaction types: P = open‑market/private purchases (ongoing discretionary program); A = grants/awards (convertible preferred).
• Reported purchase line items: 89,866,874 (12/31/2024), 7,170,075 (09/30/2025), 45,212,287 (04/07/2026) — total 142,249,236 shares under the program.
• 06/03/2022 awards: 66,667 Series D and 33,333 Series A convertible preferred (reported at $0.00; token reported values $67 and $33). No conversions have occurred.
• Purchase prices: not reported on the Form 4 (footnote says purchases were made at prevailing OTC market prices; dates reflect reporting period end rather than each trade date).
• Shares owned: the filing notes the “Shares Owned Following Transaction” include 112,500,000 shares acquired in a separate 2024 private sale (not part of this filing); Exhibit 99.1 (incorporated) gives the full April 7, 2026 beneficial‑ownership summary.
• Footnotes: open‑ended discretionary stock purchase program (F1); Series D/A have no conversion expiration (F2); Series D and A conversion impacts described (F3, F4).
• Timeliness: this is a voluntary, historical supplemental filing (filed 2026‑05‑01 for a 2022‑06‑03 report and later-period purchases); treated as late/historical disclosure intended to improve transparency.

Context

• Purchases under an open‑market program are generally viewed as an insider buying signal but the filing does not state per‑share prices or exact trade dates; the program is ongoing.
• The 06/03/2022 items are convertible preferred holdings (derivative securities). No conversion has occurred; conversion terms are noted in footnotes and affect potential post‑conversion common share counts.
• Because this Form 4 was filed voluntarily and historically, retail investors should treat it as supplemental disclosure; use Exhibit 99.1 and company filings for full current ownership percentages and dilution assumptions.