Magennis Sean James 4

What Happened

• Sean James Magennis, a director at MDB Capital Holdings, LLC, reported two acquisitions on Feb 9, 2026: a grant/award of 10,000 shares at a reported price of $3.20 per share (total $32,000) and the exercise/conversion of a derivative for 10,000 shares with an exercise price reported as $0.00 (transaction value shown as $0). Both transactions were reported on a Form 4 filed Feb 12, 2026.
• These were acquisitions (an award/grant plus an option exercise), not sales. The award involved a cash value ($32,000); the exercised derivative shows $0 reported for the exercise price in the filing.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-12.
• Award: 10,000 shares @ $3.20 = $32,000 total.
• Exercise/conversion (derivative): 10,000 shares @ $0.00 (reported $0).
• Shares owned after the transactions: not disclosed in the information provided in the filing.
• Filing timeliness: Form shows filing date Feb 12 for trades on Feb 9; the filing itself does not indicate a late-code in the summary provided here.
• No footnotes (e.g., 10b5-1, tax withholding) were provided in the summary data supplied.

Context

• For retail investors: awards and option exercises are acquisitions and can signal insider receipt of equity, but they do not by themselves indicate future company performance. The exercise entry (code M) means an insider converted a derivative instrument into shares; the filing does not show an immediate sale of those shares.
• If you want to track insider holding changes, check the full Form 4 for post-transaction holdings and any footnotes, and follow subsequent filings for any sales or transfers.