Sastry Ann Marie 4

What Happened Ann Marie Sastry, CEO of Amesite Inc. (AMST), acquired 174,216 common shares in a private placement on April 28, 2026, at $1.44 per share for a total cash outlay of $250,000. The filing also reports two additional related entries for 174,216 shares each at $0.00 (reported as derivative acquisitions) tied to the same transaction. The purchase increases her direct economic exposure to the company (a buy, not a sale).

Key Details

• Transaction date: April 28, 2026; Form 4 filed May 18, 2026 (appears late — filing occurred 20 days after the transaction; Form 4s are normally due within 2 business days).
• Price and amount: 174,216 shares at $1.44 per share; total cash paid $250,000.
• Additional entries: two 174,216-share derivative entries reported at $0.00 (the filing lists these as derivative acquisitions; see footnote).
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote: F1 states the shares were purchased in a private placement under a securities purchase agreement; the filing refers investors to a 424(b)(5) prospectus supplement filed April 28, 2026 for more details.

Context

• This was a private placement purchase (not an open-market buy), so the terms and any attached derivative rights are described in the company’s prospectus supplement rather than implied by an open-market trade.
• The two $0.00 entries represent derivative-related reporting in the Form 4; the filing does not fully explain their economic terms — consult the referenced 424(b)(5) prospectus supplement for specifics.
• The filing’s lateness is notable for timeliness tracking but does not by itself indicate anything about the transaction’s economics or intent.