Emerson John Steven 4

What Happened
Emerson John Steven, reported as a 10% owner of Coda Octopus Group, Inc. (CODA), disposed of a block of company stock on March 11, 2026. The filing shows a gift of 100,000 shares (G) and four sales (S) totaling 86,254 shares sold at prices between $14.45 and $14.99, generating approximately $1,289,167 in proceeds. These were outright disposals (gifts and open-market/private sales), which are typically routine for significant shareholders; gifts do not necessarily indicate a change in sentiment about the company.

Key Details

• Transaction date: March 11, 2026; Form 4 filed April 20, 2026 (appears late vs. standard 2-business-day reporting).
• Sales: 79,254 shares @ $14.99 = $1,188,017; 1,000 shares @ $14.45 = $14,450; 3,000 shares @ $14.45 = $43,350; 3,000 shares @ $14.45 = $43,350. Total sold = 86,254 shares (~$1.29M).
• Gift: 100,000 shares (no cash proceeds).
• Shares owned after transaction: not specified in the supplied filing details.
• Filing footnotes/plans: no 10b5-1 plan, tax-withholding or other footnotes noted in the provided data.

Context
Because Emerson John Steven is a 10% owner (a significant shareholder), these trades reflect the actions of a large stakeholder rather than necessarily an executive-level trading signal. Gifts are non-sales and typically reflect personal or estate planning, not market views. The late filing delays public transparency and can be relevant to investors tracking insider activity.