4/A//SEC Filing
YAKOV RONNY 4/A
Accession 0001213900-25-070830
CIK 0001314196other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 9:45 PM ET
Size
10.2 KB
Accession
0001213900-25-070830
Insider Transaction Report
Form 4/AAmended
YAKOV RONNY
Directorsee remarks10% Owner
Transactions
- Other
Common Stock
2025-06-02$1.31/sh+4,685,029$6,137,388→ 5,256,088 total - Gift
Common Stock
2025-06-30−878,074→ 4,378,014 total - Disposition to Issuer
Series A Preferred Stock
2025-05-28−1,021→ 0 total→ Common Stock (113,444 underlying)
Footnotes (5)
- [F1]The shares were acquired from the issuer's treasury in satisfaction of outstanding liabilities, debt financing, accrued interest, and bonuses in lieu of cash, at a deemed fair market value of $1.31 per share (based on the average closing price over the prior 60 trading days).
- [F2]Following the acquisition of 4,685,029 shares, based on 571,059 shares held prior to the transaction (per the April 15, 2025, Form 10-K footnote).
- [F3]The gift disposition was made with no consideration received.
- [F4]Amount held following the gift disposition of 878,074 shares.
- [F5]The Series A Preferred Stock is convertible into shares of Common Stock at any time, at a conversion rate of 111.11 shares of Common Stock per share of Series A Preferred Stock. The Series A Preferred Stock has no expiration date. The Reporting Person returned the shares for cancellation with no consideration received.
Documents
Issuer
OLB GROUP, INC.
CIK 0001314196
Entity typeother
Related Parties
1- filerCIK 0001461853
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 9:45 PM ET
- Size
- 10.2 KB