Hecklinski Jeffry 4

What Happened Jeffry Hecklinski, President and Director of Signing Day Sports, reported dispositions to the issuer on March 16, 2026 related to the closing of a business combination. He surrendered 9,262 Signing Day common shares and 834 derivative interests (listed as dispositions to the issuer). Under the merger terms, each Signing Day share converted into 0.09334 common shares of BlockchAIn; that conversion yielded roughly 942 BlockchAIn shares in total, valued at about $4,300 using BlockchAIn’s first reported NYSE American sale price of $4.60 on March 17, 2026. The 834 derivative interests were related to an option that was assumed and converted in the transaction.

Key Details

• Transaction date: March 16, 2026 (closing of business combination). Form 4 filed March 18, 2026 (timely).
• Reported disposals: 9,262 common shares (to issuer) and 834 derivative shares (to issuer).
• Conversion ratio: 0.09334 BlockchAIn share per Signing Day share.
• Approximate BlockchAIn shares received: ~942; approximate value based on $4.60/share: ~$4.3k.
• Footnote F1: Conversion pursuant to the Business Combination Agreement; value based on first reported BlockchAIn sale price ($4.60 on 3/17/2026).
• Footnote F2: A previously granted option vested, was assumed by BlockchAIn and converted into an option to purchase 78 BlockchAIn common shares exercisable at $1,594.17 per share (the converted option — not an exercised sale).
• Shares owned after transaction: filing shows the Signing Day holdings were converted/disposed; exact post-closing holdings in BlockchAIn are represented by the converted shares/options noted above.

Context

• “Disposition to the issuer” here reflects a corporate reorganization (shares exchanged/surrendered in the business combination), not an open-market sale — so it’s a corporate-driven conversion rather than a personal liquidity event executed on the market.
• The derivative line reflects an option that vested and was assumed/converted by the surviving company; it was not reported as an exercised-for-cash transaction.
• This filing is informational about the conversion from Signing Day to BlockchAIn stock and does not by itself indicate insider sentiment about the new company.