Terrani Kurt Amir 4

What Happened

• Kurt Amir Terrani, Chief Executive Officer, President and a director of Standard Nuclear, reported a series of gift transactions (code G) on July 20, 2026. The filing shows transfers totaling 1,284,374 shares (629,374 + 175,000 + 60,000 + 245,000 + 175,000) recorded at $0.00 per share (total consideration $0).
• The Form 4 reports both dispositions (direct transfers out) and acquisitions (indirect holdings) because the shares were gifted into irrevocable family trusts. No cash changed hands; these are bona fide gifts rather than market sales.

Key Details

• Transaction date: July 20, 2026; Form filed July 22, 2026 (timely — Form 4 is due within 2 business days).
• Price/consideration: $0.00 per share; total reported consideration $0.
• Shares transferred (total): 1,284,374 shares split across multiple trust transfers (see counts above).
• Beneficial ownership after transaction: The filing states the Reporting Person disclaims beneficial ownership of the shares held by the trusts; by relationship to beneficiaries he is deemed to have an indirect beneficial interest. The filing does not list a new total of directly held shares.
• Notable footnotes: Gifts were to multiple irrevocable family trusts (Terrani 2026, DSC 2026, MT 2026, EKG 2026, LKT 2026) with named trustees. The gifts were structured to comply with an IPO lock-up: the trustee executed a lock-up agreement and the shares remain subject to transfer restrictions for the balance of the lock-up period.

Context

• Gifts (code G) are not purchases or sales in the market and typically do not signal an insider’s trading view; they are transfers of ownership often for estate or family-planning reasons.
• Because the shares remain subject to the IPO lock-up while held by the trusts, they are still restricted from open-market sale for the lock-up duration.