O'CONNOR MICHAEL JOHN 4

What Happened

• Michael O'Connor, listed as a 10% owner of Rainmaker Worldwide Inc. (RAKR), disposed of 4,300,000 shares on 2026-01-12 as a gift (transaction code G). The reported price per share is $0.00, and the filing states the gift was made with no consideration.

Key Details

• Transaction date: 2026-01-12
• Transaction type/code: Gift (G)
• Shares disposed: 4,300,000
• Reported price/value: $0.00 (bona fide gift; no consideration)
• Form 4 filing date: 2026-01-22 — filed after the typical 2-business-day Form 4 deadline (late filing)
• Shares owned after transaction: Not specified in the provided filing
• Filing remark: "This transaction represents a bona fide gift with no consideration."

Context

• Gifts are disposals for reporting purposes but do not necessarily signal the holder's view of the company's prospects; they are commonly used for estate planning, family transfers, or charitable donations.
• As a 10% owner, O'Connor is a significant shareholder; this is insider reporting but not necessarily executive trading. The late filing is an administrative detail that can matter for compliance but does not alone indicate intent.