Securetech Innovations, Inc.·4

May 21, 10:45 AM ET

Kao Lee 4

Research Summary

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Securetech (SCTH) 10% Owner Kao Lee Sells 10 Shares

What Happened
Kao Lee, listed as a 10% owner of Securetech Innovations, disposed of 10 shares back to the issuer (transaction code D) on 2026-05-20. The shares were transferred at $1.00 per share for a total value of $10. This was a disposition to the company rather than an open-market sale.

Key Details

  • Transaction date: 2026-05-20; Filing date: 2026-05-21 (filed the next day).
  • Price and amount: 10 shares at $1.00 each; total $10.
  • Transaction code: D (Disposition to issuer) — indicates shares were returned/transferred to the company.
  • Shares owned after transaction: Not reported on this Form 4.
  • No footnotes or 10b5-1 plan, tax withholding, or other special conditions were disclosed in this filing.

Context
A "Disposition to issuer" typically means the shares were surrendered, cancelled, or otherwise returned to the company rather than sold on the open market; it does not necessarily indicate a market sentiment signal. As a 10% owner, Kao Lee is a significant shareholder; such transactions may reflect personal or corporate arrangements and should be interpreted differently than routine executive open-market trades.