LORD ALBERT L 4
Research Summary
AI-generated summary
AppTech Payments (APCX) Director Lord Albert L Buys 4,200 Shares
What Happened
- Lord Albert L, a director of AppTech Payments Corp. (APCX), acquired 4,200 shares in open‑market/private purchases on Feb 12, 2026. The reported total value of the purchases is $1,665. The filing reports a weighted average price in the $0.39–$0.40 range (see footnote).
Key Details
- Transaction date: Feb 12, 2026; Form 4 filed Feb 17, 2026 (filed more than two business days after the trade — often considered late for Form 4 filings).
- Shares acquired: 4,200; reported total consideration: $1,665; price range of purchases: $0.3900 to $0.4000 (weighted avg reported).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Notable footnote: The price shown is a weighted average; purchases were made in multiple transactions at different prices within the $0.39–$0.40 range. The reporting person offers to provide a breakdown of purchases by price upon request to the company, any shareholder, or the SEC staff.
- No indication in this filing of option exercises, awards, tax withholding, or a 10b5‑1 trading plan.
Context
- This was a direct purchase (transaction code P), which is typically seen as a more informative action than routine sales because it represents insider buying. The amount is modest in dollar terms (~$1.7k), so while it signals the director bought stock, it is small relative to institutional or executive trades.
- The later filing date may warrant note for investors who track timely insider disclosures; it does not itself explain the reason for the trade.