4Accepted Sep 23, 9:11 PM ET
Leader's Advantage (LEDR) CFO Edward Krynski Acquires 15,000 Shares
Accepted (ET)
9:11 PM
Sep 23, 2026
Filed
Sep 23, 2026
Documents
1
Size
6.2 KB
Summary
Leader's Advantage (LEDR) CFO Edward Krynski Acquires 15,000 Shares
What Happened
- Edward Krynski, Chief Financial Officer of Leader's Advantage Acquisition Corp. (LEDR), acquired 15,000 Class B ordinary shares on September 21, 2026. The filing reports an acquisition price of $0.01 per share for a total recorded value of $90. The transaction is coded as "J" (other acquisition) and is a derivative-class security.
Key Details
- Transaction date: September 21, 2026; Form 4 filed September 23, 2026 (appears timely under the 2-business-day Form 4 rule).
- Price: $0.01 per share; total reported value $90.
- Shares owned after transaction: not specified in the filing.
- Transaction code: J (other acquisition or disposition); security type: Class B ordinary shares (derivative).
- Footnote highlights:
- The Class B ordinary shares automatically convert one-for-one into Class A ordinary shares at the issuer's initial business combination, subject to anti-dilution adjustments (Footnote F1).
- The Class B shares are subject to forfeiture under certain conditions related to Mr. Krynski's service on the issuer's board (Footnote F1).
- The shares were assigned to Mr. Krynski by the Sponsor per a securities purchase agreement dated September 21, 2026 (Footnote F2).
Context
- This was not a market purchase of existing public shares but an assignment of Class B founder/sponsor shares, recorded at a nominal price. The $90 recorded value is nominal; any future economic value depends on conversion at the time of a business combination and the market price of Class A shares thereafter. Derivative-class transfers and forfeiture conditions mean these shares have distinct vesting/forfeiture and conversion mechanics compared with standard open-market purchases.