GIFTIFY (GIFT) VP Sales Timothy Miller Sells 1,000 Shares

What Happened Timothy William Miller, Vice President of Sales at GIFTIFY, sold 1,000 shares of GIFT on August 3, 2026, at $1.00 per share, for total proceeds of $1,000. This was a sale (not a purchase) and appears to be routine — the filing notes the sale was made under a previously established 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-08-03 — 1,000 shares @ $1.00 each (total $1,000); sale reported as open-market/private sale (code S).
• 10b5-1 plan: Mr. Miller adopted a 10b5-1 plan with Merrill Lynch on February 6, 2025; under that plan he sells 1,000 shares on the first day of each month beginning March 1, 2025.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date vs. trade date: Form 4 was filed on 2026-09-17, about 45 days after the trade date — Form 4s are normally due within two business days, so this appears to be a late filing.

Context

• Sales under a standing 10b5-1 plan are generally considered pre-scheduled and routine; they do not necessarily reflect the insider’s current view of the company’s prospects.
• The size/value of this transaction ($1,000) is small and less likely to sway investor sentiment compared with larger insider purchases or disposals.