Davis Scott G. 4

What Happened

• Scott G. Davis, a director of ChronoScale Corporation (CHRN), acquired 109,357 shares on May 14, 2026. The Form 4 reports this as an award/other acquisition (code A) at $0.00 per share (total reported value $0).
• The shares were issued upon vesting of performance-based restricted stock units (RSUs) that were originally granted on November 5, 2025 and were amended on May 14, 2026.

Key Details

• Transaction date: 2026-05-14; Report filed (Form 4): 2026-05-18 (timely — within two business days).
• Shares acquired: 109,357; Price per share reported: $0.00; Total reported acquisition value: $0.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: The shares resulted from vesting of performance-based RSUs granted 11/05/2025 and amended on 05/14/2026 (see F1). No 10b5-1 plan, tax-withholding, or cashless-sale details were provided in the supplied data.

Context

• This was an award/vesting event, not an open-market purchase or sale. Vesting of RSUs typically reflects prior compensation agreements rather than a director buying or selling based on current market views.
• For retail investors, awards like this are informative about insider compensation and potential share dilution but do not necessarily indicate the insider’s short-term sentiment about the company’s stock.