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

What Happened Timothy William Miller, Vice President, Sales at Giftify, sold 1,000 shares of GIFT on May 3, 2026 at $1.00 per share, for total proceeds of $1,000. The transaction is reported as a sale (code S) and is part of routine disposition activity rather than a purchase signal.

Key Details

• Transaction date and price: May 3, 2026 — 1,000 shares at $1.00 each (total $1,000).
• Transaction type: Sale (Form 4; code S), reported as "Open market or private sale."
• Shares owned after transaction: Not stated in the Form 4 filing.
• Plan/footnote: Miller entered a 10b5-1 trading plan on Feb 6, 2025 with Merrill Lynch that schedules sales of 1,000 shares on the first day of each month beginning Mar 1, 2025. This sale appears to follow that plan.
• Filing timeliness: The Form 4 was filed on Sept 24, 2026 for a May 3, 2026 transaction, so disclosure was delayed (late filing).

Context Sales made under an established 10b5-1 plan are prearranged and typically reflect a planned disposition schedule rather than a timely signal of insider sentiment. Officers must generally file Form 4 within two business days of a reportable transaction; the late filing here means public disclosure was delayed.