Securetech Innovations, Inc.·4

Mar 20, 11:44 AM ET

SITRA J SCOTT 4

Research Summary

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Securetech (SCTH) 10% Owner Sitra J. Scott Receives 50,000-Share Gift

What Happened

  • Sitra J. Scott, reported as a 10% owner of Securetech Innovations, Inc. (SCTH), acquired 50,000 shares via a gift on March 18, 2026. The filing reports a per-share value of $6.02, for a total reported value of approximately $301,000. This was reported on an SEC Form 4 filed March 20, 2026.

Key Details

  • Transaction date: 2026-03-18; Reporting (file) date: 2026-03-20 (filed within the typical 2-business-day window).
  • Transaction type/code: Gift (G); reported as an acquisition (insider received shares).
  • Price/value: $6.02 per share; total reported value ~$301,000.
  • Shares owned after transaction: Not specified in the available filing details.
  • Insider status: Sitra J. Scott is reported as a 10% owner (significant owner, not necessarily company management).
  • No 10b5-1 plan, tax-withholding, or other footnotes were reported in the transaction summary provided.

Context

  • Gifts are transfers of ownership and do not necessarily signal the donor’s or recipient’s view of the company; they are not the same as open-market purchases by insiders. For 10% owners, such filings reflect significant ownership changes but may represent private transfers rather than routine executive trading.