Lozinski Jeffrey William 4
4 · Kinetic Seas Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Kinetic Seas (KSEZ) 10% Owner Jeffrey W. Lozinski Sells 10,000 Shares
What Happened
Jeffrey William Lozinski, identified as a 10% owner of Kinetic Seas Inc. (KSEZ), reported a sale of 10,000 common shares on 2026-03-19 at $0.05 per share, for a total proceeds of $500. The filing records the transaction as a sale (code S) described as an "open market or private sale." Sales are often routine liquidity events and do not necessarily indicate a change in the company’s prospects.
Key Details
- Transaction date: 2026-03-19; Price: $0.05 per share; Amount: 10,000 shares; Total value: $500.
- Transaction type/code: Sale (S) — reported as "open market or private sale" (the filing does not specify which).
- Shares owned after the transaction: Not disclosed in the provided summary of the Form 4.
- Filing date: 2026-03-30 (the Form 4 was filed 11 days after the transaction), which is later than the typical 2-business-day reporting window — the filing is therefore late.
- No additional footnotes (e.g., 10b5-1 plan or tax withholding) were provided in the information supplied.
Context
As a 10% owner, Lozinski is a significant shareholder rather than an officer-level insider; sales by large shareholders can be for many reasons (liquidity, portfolio rebalancing, etc.) and shouldn’t be interpreted alone as a signal about company fundamentals. The small dollar value ($500) suggests this was a minor disposition. Note that late Form 4 filings can attract regulatory attention or questions, so timeliness is worth monitoring in future filings.
Insider Transaction Report
- Sale
Common Stock
2026-03-19$0.05/sh−10,000$500→ 10,491,100 total