Iddings Sean Patrick 4/A
4/A · PCS Edventures!, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
PCS Edventures! (PCSV) Director Sean Iddings Sells Shares
What Happened
Sean Patrick Iddings, a director of PCS Edventures! (PCSV), reported three dispositions on May 4, 2026: 54,998 shares, 75,882 shares and 71,666 shares, each sold at $1.80 per share for total proceeds of $98,996, $136,588 and $128,999 respectively (aggregate = $364,583). The transactions are coded as "J" (other acquisition or disposition) and are reported in an amended Form 4 filed May 6, 2026. These are sales (dispositions), not purchases.
Key Details
- Transaction date(s): May 4, 2026; Filing (amended): May 6, 2026.
- Price: $1.80 per share for each reported disposition.
- Shares sold: 54,998 + 75,882 + 71,666 = 202,546 shares.
- Total reported proceeds: $364,583.
- Post-reverse-split holdings: The filing notes a 1-for-12 reverse split on May 4, 2026 (fractional shares rounded up). Prior to the split Mr. Iddings held/control 2,430,600 shares. After the split he is reported to have 54,998 direct shares and 147,548 indirect shares (total 202,546), which match the reported disposals — implying no remaining holdings from that block after these transactions.
- Transaction code: "J" = other acquisition/disposition.
- Filing status: Amended Form 4. No indication in the filing that this was a late submission beyond the amendment.
Context
- These disposals occurred in connection with a corporate reverse split (1-for-12) that changed share counts and caused rounding of fractional shares; the filing ties the disposals to the post-split share totals.
- Sales by directors can be routine (estate planning, tax or liquidity needs) and do not, by themselves, indicate company performance; the filing provides factual details but does not state motivations.
Insider Transaction Report
Form 4/AAmended
Iddings Sean Patrick
Director
Transactions
- Other
Common Stock
[F1]2026-05-04$1.80/sh−54,998$98,996→ 54,998 total - Other
Common Stock
[F1]2026-05-04$1.80/sh−75,882$136,588→ 75,882 total(indirect: By Spouse) - Other
Common Stock
[F1]2026-05-04$1.80/sh−71,666$128,999→ 71,666 total(indirect: By account managed for brother-in-law (no pecuniary interest))
Footnotes (1)
- [F1]On May 4, 2026, PCS Edventures (PCSV) began trading post its 1 for 12 reverse stock split, where fractional shares were rounded up to the nearest whole share. Prior to the reverse split, Mr. Iddings held and / or controlled 2,430,600 shares of the Company's common stock. After the reverse split, Mr. Iddings had a direct ownership of 54,998 shares post-reverse split and an indirect ownership of 147,548 shares post-reverse split.
Signature
/s/ Sean P. Iddings|2026-05-05