Ackerman Ari Marc 4

What Happened

Ari Marc Ackerman, listed as a director (and COO, CardCash Exchange, Inc.), was granted 250,000 shares of restricted common stock by Giftify, Inc. The award is reported at $1.05 per share for a total reported value of $262,500. This was an equity award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: February 2, 2026
• Grant: 250,000 restricted shares @ $1.05 per share (total $262,500) — transaction code A (award/grant)
• Shares owned after transaction: Not disclosed in the filing
• Footnote: The 250,000 restricted shares will vest in equal monthly amounts over 36 months, granted in connection with the board’s evaluation of the issuer’s 2025 performance.
• Filing: Form 4 filed March 23, 2026 for the Feb 2 transaction (this filing date is well beyond the typical 2-business-day Form 4 reporting window)

Context

Restricted stock grants are compensation awards that vest over time and do not reflect an immediate open-market purchase or sale. They are commonly used for retention and performance alignment; they should be viewed as compensation-related rather than a direct bullish or bearish trading signal.