First Breach President Jordan Z. Low Rescinds 4,000,000 Restricted Shares

What Happened

• Jordan Z. Low (President, COO and Director) recorded a disposition on 2026-09-28 for 4,000,000 shares: the restricted stock award previously granted to him was rescinded (cancelled) ab initio. The Form 4 shows the transaction as a code J "other acquisition or disposition" with price N/A — this was a cancellation/rescission, not an open-market sale, and no consideration was paid or received.

Key Details

• Transaction date: 2026-09-28; Form 4 filed: 2026-09-30 (no late filing indicated).
• Transaction code: J (other acquisition/disposition — rescission of award).
• Shares affected: 4,000,000 restricted shares cancelled; price reported as N/A; no cash proceeds.
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnote summary: The rescission was effected under a Restricted Stock Award Rescission Agreement that voided the January 23, 2026 award in its entirety; neither party paid or promised consideration in connection with the rescission.

Context

• This action cancels a previously granted restricted stock award rather than representing a market sale or purchase; it does not show the insider selling shares for cash. Rescissions remove the award from the insider’s grant history and do not necessarily signal routine buying/selling behavior.