Welara Capital Partners LLC Series 3 4
4 · Standard Nuclear, Inc. · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Standard Nuclear (STDN) 10% Owner Converts Preferred, Disposes 20.24M Shares
What Happened
- Welara Capital Partners LLC Series 3, a reported 10% owner of Standard Nuclear (STDN), converted 20,243,094 shares of preferred stock into Class A common stock on 2026-07-17 and simultaneously disposed of that full amount in three derivative disposition transactions (15,000,000; 3,515,018; 1,728,076). No per-share prices or total dollar values are provided in the filing (listed as N/A).
Key Details
- Transaction date: 2026-07-17; filing date: 2026-07-22 (filed 5 days after the transactions).
- Prices / proceeds: not disclosed in the Form 4 (N/A).
- Shares converted (acquired via conversion): 20,243,094 common shares (conversion).
- Shares disposed (derivative dispositions): 15,000,000; 3,515,018; 1,728,076 (total disposed = 20,243,094).
- Shares owned after the transactions: not specified in the provided details.
- Footnote: The conversions were automatic under the issuer’s Fifth Amended and Restated Certificate of Incorporation — Series Seed-1, Series A and Series A-2 Preferred automatically converted into Class A common on a 1-for-1 basis in connection with the company’s IPO.
Context
- These transactions reflect an institutional holder converting preferred into publicly traded Class A common in connection with the company’s IPO and then disposing of those shares. As a 10% institutional owner (not an executive), this is a structural liquidity event related to conversion and disposition of previously held preferred shares rather than a routine insider buy/sell decision by company management.
Insider Transaction Report
Form 4
Welara Capital Partners LLC Series 3
10% Owner
Transactions
- Conversion
Class A Common Stock
[F1]2026-07-17+20,243,094→ 20,243,094 total - Conversion
Series Seed-1 Preferred Stock
[F1]2026-07-17−15,000,000→ 0 total→ Class A Common Stock (15,000,000 underlying) - Conversion
Series A Preferred Stock
[F1]2026-07-17−3,515,018→ 0 total→ Class A Common Stock (3,515,018 underlying) - Conversion
Series A-2 Preferred Stock
[F1]2026-07-17−1,728,076→ 0 total→ Class A Common Stock (1,728,076 underlying)
Footnotes (1)
- [F1]Pursuant to the Issuer's Fifth Amended and Restated Certificate of Incorporation, in connection with the completion of the Issuer's initial public offering of its Class A Common Stock, each share of Series Seed-1 Preferred Stock, Series A Preferred Stock, and Series A-2 Preferred Stock was automatically converted into shares of Class A Common Stock at a ratio of 1-for-1.
Signature
Welara Capital Partners LLC Series 3 By: /s/ Colette Young Name: Colette Young Title: Executive Officer|2026-07-22