4Filed Aug 13, 8:00 PM ET

SafeSpace Global (SSGC) President Dustin Hillis Buys Stock

$SSGC · SafeSpace Global Corp

Research Summary

AI-generated summary of this SEC filing

Updated

SafeSpace Global (SSGC) President Dustin Hillis Buys Stock

What Happened

  • Dustin Michael Hillis, President & Chief Strategy Officer of SafeSpace Global Corp (SSGC), acquired a total of 169,750 shares of SSGC common stock in July 2026.
  • Transactions: a 43,750-share bonus issued on 2026-07-01 at $0.20/share ($8,750) and open-market purchases of 126,000 shares on 2026-07-22 at a weighted average price (~$0.097) totaling $12,222. Combined cost roughly $20,972.
  • These were purchases/award-type transactions (code P on the filing). Purchases are often taken as more informative than routine sales, though filings do not state motives.

Key Details

  • Transaction dates and prices:
    • 2026-07-01 — 43,750 shares issued as a bonus at $0.20/share (footnote F1) = $8,750.
    • 2026-07-22 — 126,000 shares purchased in multiple open-market trades at prices ranging $0.0907–$0.1005 (weighted average shown; footnote F2) = $12,222.
  • Total shares acquired: 169,750; total reported cost ≈ $20,972.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes of note:
    • F1: Confirms the 07/01 issuance was a bonus at $0.20/share.
    • F2: Purchases on 07/22 occurred at multiple prices; the filer will provide per-price breakdown upon request by the SEC, issuer, or security holder.
    • F3: Hillis is a managing member (but not sole member) of All Things New Ventures LLC and disclaims beneficial ownership of securities held by that entity except for any pecuniary interest.
  • Filing timeliness: The Form 4 was filed on 2026-08-14 for July transactions, which is later than the typical 2-business-day filing window — the filing is therefore late (may be noted by regulators or market watchers).

Context

  • One part of the reported activity was a bonus award (07/01), not a market buy; the other was open-market purchases (07/22).
  • The July purchases are small in dollar terms (~$21k total) and should be seen as limited in scale relative to institutional trading; they nevertheless indicate the insider received shares and added in the market.
  • No option exercises, gifts, or immediate resale were reported in the provided details.