GLOBAL VALUE INVESTMENT CORP. 4

What Happened

• Global Value Investment Corp. (a reported 10% owner) and affiliated entities/individuals jointly reported the acquisition of 11,300 shares of Rocky Mountain Chocolate Factory, Inc. (RMCF) on Jan 16, 2026. The shares were purchased at a weighted average price of $1.98 per share for a total of $22,353. This was a purchase (adding to their stake), which is generally interpreted as a buy rather than a sale.

Key Details

• Transaction date and price: Jan 16, 2026 — 11,300 shares at a weighted average $1.98/share (total ~$22,353). (Footnote F1: weighted average price; more detail available on request.)
• Reporting parties: Global Value Investment Corp. (GVIC, 10% owner), GVP 2021‑A, L.P., GVP 2021‑A, LLC, and individuals Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice — filed jointly (Footnote F2).
• Shares owned after transaction: The filing states the entire amount of Common Stock held by GVIC is reported (Instruction 4(b)(iv)), but the filing excerpt provided here does not list a post-transaction total share count (Footnote F3).
• Filing timeliness: Transaction dated Jan 16; Form 4 filed Jan 22 — this appears outside the SEC’s standard two-business-day filing window for Form 4s and may be considered late.

Context

• This was an open-market purchase by a significant institutional/insider group (a 10% owner and affiliates), not a routine executive salary or option exercise. Purchases by large stakeholders can indicate an intent to increase exposure, but filings are factual disclosures and do not explain motivation.