Miller Timothy William 4

What Happened
Timothy William Miller, Vice President, Sales of Giftify, sold 1,000 shares on February 2, 2026 at $1.05 per share, generating $1,050 in proceeds. The Form 4 reports this as a sale (transaction code S), not a purchase.

Key Details

• Transaction date: 2026-02-02; Price: $1.05 per share; Total proceeds: $1,050.
• Transaction type: Sale (open market/private sale as reported, code S).
• Shares owned after transaction: Not specified in the filing.
• Remark: Mr. Miller established a 10b5-1 plan with Merrill Lynch on Feb 6, 2025 under which he sells 1,000 shares on the first day of each month commencing March 1, 2025.
• Filing date equals transaction date (Form 4 filed 2026-02-02); no indication the filing was late.

Context
Sales executed under a 10b5-1 trading plan are pre-arranged and often routine, so they typically do not indicate a change in the insider’s view of the company. For retail investors, purchases generally signal stronger insider conviction than routine or plan-driven sales.