4Filed Aug 11, 8:00 PM ET
BLUSKY AI (BSAI) Director Whit Cluff Buys 4,000 Shares
$BSAI · BLUSKY AI INC.Research Summary
AI-generated summary of this SEC filing
BLUSKY AI (BSAI) Director Whit Cluff Buys 4,000 Shares
What Happened
Whit Cluff, a director of BLUSKY AI Inc. (BSAI), acquired a total of 4,000 shares through the issuer's Regulation A+ offering: 2,000 shares on 2026-05-13 and 2,000 shares on 2026-06-16, each at $5.00 per share for $10,000 per tranche and $20,000 total. These were purchases (acquisitions), which are direct buys of company stock rather than sales or option exercises.
Key Details
- Transaction dates and prices:
- 2026-05-13: Acquired 2,000 shares at $5.00 ($10,000)
- 2026-06-16: Acquired 2,000 shares at $5.00 ($10,000)
- Transaction type: Acquisition via Regulation A+ offering (filing reports code A)
- Shares owned after transactions (beneficial ownership reported):
- 249,566 shares held in his name
- 16,429 shares held in name of spouse, Fran Rich
- 5,143 shares held in the Cluff‑Rich 401(k) controlled by Whit Cluff and spouse
- Total beneficially owned after these purchases: 271,138 shares
- Footnote: Purchases were made pursuant to the issuer’s Regulation A+ offering at $5.00 per share.
- Filing timeliness: Form 4 was filed 2026-08-12 for transactions on 2026-05-13 and 2026-06-16 — this appears late (Form 4s are normally due within two business days), so the filing is marked as late.
Context: These were direct purchases in a company offering rather than open-market buys or option exercises. Purchases by insiders are often watched by retail investors as a positive signal, but this summary is factual and does not speculate on motives.