Taylor Mark Andrew 4
4 · CDT Equity Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
CDT Equity (CDT) 10% Owner Mark Taylor Sells Shares
What Happened
Mark Taylor (reported as a 10% owner) sold a total of 2,068,000 shares of CDT Equity Inc. (CDT) in open-market transactions on June 18, 2026, generating roughly $2,945,586 in proceeds. The sales were effected through two affiliated New Zealand entities: Prospect Capital Securities Limited and Prospect Finance Limited. Reported transactions: Prospect Capital sold 5,000 shares at $0.7052 ($3,526) and 1,464,711 shares at $1.44 ($2,109,184); Prospect Finance sold 5,000 shares at $0.751 ($3,755) and 593,289 shares at prices ranging $1.25–$1.67 (≈ $829,121).
Key Details
- Transaction date: June 18, 2026 (all sales executed that day).
- Prices reported: $0.7052, $0.751, $1.25–$1.67 (range), and $1.44. Prospect Capital and Prospect Finance executed the sales (see footnotes).
- Total shares sold: 2,068,000; Total proceeds: ≈ $2,945,586.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Notable footnotes:
- F1: All share counts reflect a 1-for-25 reverse split effective March 26, 2026.
- F2/F4: Specific lots sold by Prospect Capital and Prospect Finance (open market).
- F3: Mark Taylor is sole director/shareholder of those entities and disclaims beneficial ownership except to extent of pecuniary interest.
- F5: The filer will provide a breakdown of the exact prices within the reported range upon request.
- Filing timeliness: Form filed June 23, 2026 for trades on June 18, 2026 (filed after the typical 2-business-day window for Form 4s), i.e., a late filing; late filings reduce timely public disclosure and can draw regulatory attention.
Context
These were outright open-market sales by entities controlled by the reporting person (not option exercises or awards). As a reported 10% owner rather than an operational executive, these dispositions reflect sales by affiliated entities; the reporting person disclaims broader beneficial ownership beyond pecuniary interest. Sales are common and do not by themselves reveal the seller’s broader intent—retail investors should treat this as factual disclosure rather than an indicator of company performance.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-06-18$0.71/sh−5,000$3,526→ 1,464,711 total(indirect: By Prospect Capital Securities Limited) - Sale
Common Stock
[F1][F2][F3]2026-06-18$1.44/sh−1,464,711$2,109,184→ 0 total(indirect: By Prospect Capital Securities Limited) - Sale
Common Stock
[F1][F4][F3]2026-06-18$0.75/sh−5,000$3,755→ 593,289 total(indirect: By Prospect Finance Limited) - Sale
Common Stock
[F1][F4][F5][F3]2026-06-18$1.40/sh−593,289$829,121→ 0 total(indirect: By Prospect Finance Limited)
Footnotes (5)
- [F1]Number of shares of common stock, par value $0.0001 per share ("Common Stock"), of CDT Equity Inc. (the "Issuer") reported gives effect to the 1-for-25 reverse split of the Common Stock effected by the Company as of the opening of market on March 26, 2026.
- [F2]On June 18, 2026, Prospect Capital Securities Limited, a New Zealand company ("Prospect Capital") sold 5,000 shares of Common Stock in the open market at a sales price per share of $0.7052 and 1,464,711 shares of Common Stock in the open market at a sales price per share of $1.44.
- [F3]Mark Taylor is the sole director and sole shareholder of each of Prospect Capital and Prospect Finance Limited, a New Zealand company ("Prospect Finance"). By virtue of these relationships, Mr. Taylor may be deemed to beneficially own the securities held of record by each of Prospect Capital and Prospect Finance. Mr. Taylor disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.
- [F4]On June 18, 2026, Prospect Finance sold 5,000 shares of Common Stock in the open market at a sales price per share of $0.751 and 593,289 shares of Common Stock in the open market at prices ranging from $1.25 to $1.67 per share, inclusive.
- [F5]The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of such shares of Common Stock sold at each separate price within such range.