Iddings Sean Patrick 4
Research Summary
AI-generated summary
PCS Edventures! (PCSV) Director Sean Iddings Receives Award Shares
What Happened
Sean Patrick Iddings, a director of PCS Edventures!, received equity awards (reported as acquisitions) totaling 44,400 shares: 24,400 shares at $0.13 each (reported value $3,148) on 2026-03-30 and 20,000 shares at $0.14 each (reported value $2,720) on 2026-03-31. These were grants/compensation rather than open-market purchases or sales.
Key Details
- Transaction dates and prices: 24,400 shares at $0.13 on 2026-03-30; 20,000 shares at $0.14 on 2026-03-31. Total reported value: $5,868.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote F1: The 20,000 shares are compensation for Mr. Iddings’ service on the Board for the quarter ended March 31, 2026; they are "restricted securities" under SEC Rule 144.
- Footnote F2: These securities are held in an account owned by the reporting person’s brother‑in‑law; the reporting person has investment discretion over the account but no pecuniary interest in the securities.
- Filing: Form 4 filed 2026-04-01 covering transactions on 2026-03-30 and 2026-03-31 (filing date shown in report).
Context
These transactions are stock awards/compensation, which are common for board members and are different from purchases or sales that might signal personal trading convictions. The 20,000-share award is restricted, and the 24,400 shares are tied to an account owned by the director’s brother‑in‑law (where the director has investment discretion but no financial interest), which may affect how directly these holdings reflect the director’s personal economic exposure.