4Accepted Sep 2, 4:00 PM ET
AIB Data Centers (AIB) 10% Owner VCV Digital Receives 59,890 Shares
Accepted (ET)
4:00 PM
Sep 2, 2026
Filed
Sep 2, 2026
Documents
1
Size
6.0 KB
Summary
AIB Data Centers (AIB) 10% Owner VCV Digital Receives 59,890 Shares
What Happened
VCV Digital Solutions LLC, listed as a 10% owner of AIB Data Centers Inc. (AIB), acquired 59,890 shares on August 31, 2026 by converting a derivative security (transaction code C). The filing values those shares at approximately $68,274 based on the last reported sale price on the NYSE American on the date of issuance. This was an acquisition via conversion/fractional-share adjustment—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-31; Form 4 filed: 2026-09-02 (appears timely within Form 4 deadlines).
- Transaction type/code: Conversion of derivative security (C).
- Shares received: 59,890 common shares. Reported market value: ~$68,274 (per NYSE American last sale price on issuance date).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Shares issued as fractional share adjustments under the Business Combination Agreement (see footnote F1).
- Insider status: VCV Digital Solutions LLC is a 10% owner (institutional entity), not an individual executive.
Context
This was a derivative conversion tied to the registrant’s Business Combination Agreement and represents an adjustment issuance rather than a trade signaling a buy/sell decision. For retail investors, purchases or conversions by company insiders can be informative, but institutional 10% owner activity like this should be interpreted differently than executive open-market buys or sales.