Taylor Paul Richard 4

What Happened

• Taylor Paul Richard, reported as a 10% owner of Visium Technologies (VISM), was awarded/acquired 2,297 shares of Series E Preferred Stock on 2026-04-16 as non-cash consideration under a Letter of Intent relating to his interests in ConnexUS AI. No cash price is reported (derivative security; price: N/A). The filing treats this as an award/acquisition (transaction code A).

Key Details

• Transaction date: 2026-04-16; Form 4 filed: 2026-04-24 (Period of Report: 2026-04-23). Note: Form 4 filings are normally due within two business days; this filing was posted more than two business days after the transaction date.
• Security and amount: 2,297 shares of Series E Preferred Stock; price: N/A (non-cash consideration).
• Footnote on share metrics: the filing states these 2,297 Series E shares "represent approximately 8.1% of the total Series E as‑converted pool of 425,339,361 shares (being 40% of 1,063,348,403 shares of Common Stock currently outstanding)."
• Total beneficial ownership after the transaction (as-converted): 34,452,488 shares of Common Stock, ~3.14% of Common on an as‑converted basis (denominator: 1,097,800,891 = 1,063,348,403 outstanding + 34,452,488 as‑converted Series E). This is under the 5% Schedule 13D threshold; a concurrent Schedule 13D was filed.
• Other footnotes: acquisition was pursuant to the LOI dated March 29, 2026 (as amended). Footnote indicates "Any time / No expiration."

Context

• This was not an open-market cash purchase or a sale; it was a non-cash issuance of preferred shares tied to a business transaction (ConnexUS AI LOI). For retail investors, such awards reflect deal consideration rather than a conventional insider buy/sell signal. The reported post-transaction ownership remains below the 5% threshold noted in the filing.