Borish Peter F 4

What Happened
Peter F. Borish, a director of Signing Day Sports, Inc. (SGN), disposed of 176,232 shares of the company on March 16, 2026 as part of the closing of a business combination. Per the deal terms, each SGN share converted into 0.09334 shares of BlockchAIn; Borish received approximately 16,449.5 BlockchAIn shares. Based on BlockchAIn’s first reported sale price on the NYSE American ($4.60 on March 17, 2026), the consideration received is roughly $75,668. This was a disposition to the issuer under the business combination (not an open-market sale).

Key Details

• Transaction date: 2026-03-16 (Closing of business combination)
• Disposition: 176,232 SGN shares surrendered to issuer (Form 4 code D)
• Consideration received: ~16,449.5 BlockchAIn shares (0.09334 per SGN share)
• Valuation: BlockchAIn first reported sale price $4.60 → total ≈ $75,668 (based on March 17, 2026 price)
• Shares owned after transaction: Not disclosed in the Form 4 filing
• Footnote: Transaction governed by the Business Combination Agreement dated May 27, 2025 (see F1)
• Filing timeliness: Reported on 2026-03-18 for a 2026-03-16 transaction (filed within the standard Form 4 reporting window)

Context: This was a conversion/exchange at closing of a merger rather than an open-market sale. Dispositions to the issuer under a business combination reflect deal consideration and mechanics of the transaction (exchange ratio and new-company shares) rather than an independent signal of insider sentiment.