Miller Timothy William 4

What Happened
Timothy William Miller, Vice President of Sales at Giftify, sold 1,000 shares on April 1, 2026, at $1.00 per share, generating $1,000 in proceeds. This was a sale (S), not a purchase — sales are often routine, especially when made under a pre-arranged plan.

Key Details

• Transaction date: 2026-04-01
• Price per share: $1.00; total proceeds: $1,000
• Transaction type/code: Sale (S) — listed as "open market or private sale"
• Shares owned after transaction: not specified in the provided filing summary
• Plan/footnote: This sale was made under a 10b5-1 plan entered Feb 6, 2025 with Merrill Lynch that schedules sales of 1,000 shares on the first day of each month starting March 1, 2025
• Filing timeliness: Form 4 was filed on 2026-05-07 for the April 1 transaction, which appears to be late (Form 4s are generally due within two business days of the transaction)

Context
Sales executed under 10b5-1 plans are pre-arranged and typically scheduled in advance; they are generally viewed as routine and do not necessarily indicate a change in an insider’s view of the company. The monetary value here is small ($1,000), so this single sale is unlikely to be material to Giftify’s overall insider ownership or signal a significant change in sentiment.