FalconX Holdings Ltd 4
4 · Sharps Technology Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Sharps Technology (STSS) 10% Owner FalconX Sells Shares
What Happened
- FalconX Holdings Ltd (reported as a 10% owner) reported multiple open-market sales of Sharps Technology (STSS) stock and related derivative activity. Total open-market sales: 769,320 shares for $1,490,755 (sales on Jan 9 and Jan 12, 2026). The filing also shows exercise of an in‑the‑money derivative for 461,538 shares (reported with nominal value on the form) on Jan 9, 2026.
Key Details
- Transactions and values:
- 2026-01-09: Sold 269,321 shares @ $1.93 — $518,524
- 2026-01-09: Sold 260,411 shares @ $1.93 — $501,369
- 2026-01-09: Exercised derivative (X) to acquire 461,538 shares @ $0.00 — nominal reported value $46
- 2026-01-09: Derivative disposition (X) reported for 461,538 shares @ $0.00
- 2026-01-12: Sold 192,307 shares @ $1.97 — $377,941
- 2026-01-12: Sold 47,281 shares @ $1.97 — $92,921
- Total sold: 769,320 shares for $1,490,755
- Shares owned after the reported transactions: not specified in the provided filing details.
- Footnotes / ownership structure:
- Holdings are reported through affiliated funds and entities (MNNC Capital Digital Asset Opportunities Master Fund, MNNC Capital Digital Asset Opportunities BTC Master Fund, Solios, Inc.) with MNNC Capital GP, Monarch Digital, FalconX Alpha and FalconX Holdings Ltd each disclaiming beneficial ownership except to the extent of any pecuniary interest (see F1–F3).
- F4 notes certain pre‑funded warrants involved have no expiration date.
- Filing timeliness: The Form 4 was filed on 2026-02-13 reporting transactions with an earliest trade date of 2026-01-09 — this filing appears late relative to the typical Form 4 deadline.
Context
- Derivative activity: The filing shows an exercise of in‑the‑money derivative shares (461,538) and a related derivative disposition for the same number on Jan 9. The Form 4 does not explicitly state whether shares acquired by exercise were immediately sold in the market, though open‑market sales occurred on Jan 9 and Jan 12.
- Investor note: FalconX is reported as a 10% institutional holder trading through funds/subsidiaries — this is institutional-level trading rather than an individual executive's decision. The report is factual transaction data and does not state the holder's motivations.
Insider Transaction Report
Form 4
FalconX Holdings Ltd
10% Owner
Transactions
- Sale
Common Stock
[F1]2026-01-09$1.93/sh−269,321$518,524→ 192,307 total(indirect: By MNNC Capital Digital Asset Opportunities Master Fund LP) - Sale
Common Stock
[F2]2026-01-09$1.93/sh−260,411$501,369→ 47,281 total(indirect: By MNNC Capital Digital Opportunities BTC Master Fund LP) - Exercise of In-Money
Common Stock
[F3]2026-01-09$0.00/sh+461,538$46→ 461,538 total(indirect: By Solios, Inc.) - Sale
Common Stock
[F1]2026-01-12$1.97/sh−192,307$377,941→ 0 total(indirect: By MNNC Capital Digital Asset Opportunities Master Fund LP) - Sale
Common Stock
[F2]2026-01-12$1.97/sh−47,281$92,921→ 0 total(indirect: By MNNC Capital Digital Opportunities BTC Master Fund LP) - Exercise of In-Money
Cash Pre-Funded Warrants
[F4][F3]2026-01-09−461,538→ 0 total(indirect: By Solios, Inc.)Exercise: $0.00From: 2025-10-14→ Common Stock (461,538 underlying)
Footnotes (4)
- [F1]The securities are held directly by MNNC Capital Digital Asset Opportunities Master Fund, LP ("MNNC Master Fund"). MNNC Capital GP LLC ("MNNC Capital GP") is the general partner of MNNC Master Fund and may be deemed to have voting and dispositive power with respect to the securities held by MNNC Master Fund. Monarch Digital, Inc. ("Monarch Digital"), a wholly owned direct subsidiary of FalconX Holdings Limited, owns a majority of the equity interests in MNNC Capital GP LLC. . Each of MNNC Capital GP, Monarch Digital and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]The securities are held directly by MNNC Capital Digital Asset Opportunities BTC Master Fund, LP ("MNNC BTC Master Fund"). MNNC Capital GP is the general partner of MNNC BTC Master Fund and may be deemed to have voting and dispositive power with respect to the securities held by MNNC BTC Master Fund. Each of MNNC Capital GP, Monarch Digital and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]These securities are held directly by Solios, Inc. FalconX Alpha, Inc. ("FalconX Alpha"), a wholly-owned direct subsidiary of FalconX Holdings Limited, is the sole stockholder of Solios, Inc. Each of FalconX Alpha and FalconX Holdings Limited disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
- [F4]The Pre-Funded Warrants have no expiration date.