BERG JAMES A 4

What Happened James A. Berg, Chief Financial Officer of Track Group, Inc. (TRCK), acquired 50,000 shares of the company's common stock on April 30, 2026. The shares were purchased at $0.35 per share in a private placement, for a total purchase price of $17,500. This was a direct acquisition (reported as a grant/award or other acquisition on the Form 4).

Key Details

• Transaction date: 2026-04-30; Report filed: 2026-05-04 (Accession: 0001260190-26-000002).
• Price: $0.35 per share; Total value: $17,500.
• Shares acquired: 50,000.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: The shares were purchased directly from the company in a private placement under a Securities Purchase Agreement dated April 30, 2026. The issuance was board-approved and deemed exempt under Rule 16b-3 of the Exchange Act (per footnote F1).
• No indication in the provided data that this filing was late.

Context This was a direct purchase in a private placement rather than an open-market buy or option exercise. Purchases by executives can be interpreted by investors as a sign of confidence, but filings alone do not reveal the insider’s motivation. The private placement nature and board approval mean the transaction followed an internal corporate process and was exempted under Rule 16b-3.