Talon Capital (TLNCU) Director Victoria Ivashina Acquires 20,000 Founder Shares

What Happened

• Victoria Ivashina, a director of Talon Capital Corp. (TLNCU), acquired 20,000 founder (Class B) ordinary shares on September 11, 2026. The Form 4 reports the acquisition as a derivative transaction; the filing shows $0.00 per share but discloses in a footnote the Sponsor transferred the shares to Ms. Ivashina at roughly $0.003 per share (total ≈ $60). The transaction is coded "J" (other acquisition/disposition).

Key Details

• Transaction date: September 11, 2026; Form 4 filed September 15, 2026.
• Reported amount: 20,000 founder (Class B) shares; reported aggregate value ≈ $60 per the footnote (~$0.003/share).
• Transaction code: J (other acquisition/disposition); filing classifies this as a derivative acquisition.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: Class B ordinary (founder) shares automatically convert one-for-one into Class A ordinary shares at the issuer's initial business combination (or earlier at holder's option), subject to adjustments.
  • F2: Sponsor transferred 20,000 founder shares to Ms. Ivashina at ~ $0.003 per share.
• Filing timing: Form 4 was filed on Sept 15 for a Sept 11 transaction; Form 4s are generally due within two business days of the transaction.

Context

• These are founder (Class B) shares transferred from the Sponsor, not an open-market purchase or option exercise. Founder-share transfers typically reflect allocation of pre-existing equity rather than market purchases and may convert to regular Class A shares upon the company’s initial business combination. Such transfers can be informative about insider ownership but do not by themselves indicate near-term buying/selling in the public market.