4Accepted Sep 21, 11:34 AM ET
Kinetic Seas (KSEZ) 10% Owner Jeffrey Lozinski Sells 100,000 Shares
Accepted (ET)
11:34 AM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
Size
4.7 KB
Summary
Kinetic Seas (KSEZ) 10% Owner Jeffrey Lozinski Sells 100,000 Shares
What Happened
Jeffrey William Lozinski, a reported 10% owner of Kinetic Seas Inc. (KSEZ), sold 100,000 shares on September 18, 2026. The shares were disposed at $0.03 per share for total reported proceeds of $2,900. The Form 4 covering the transaction was filed on September 21, 2026.
Key Details
- Transaction date: 2026-09-18 (reported on Form 4 filed 2026-09-21)
- Transaction type: Sale (code S) — open market or private sale
- Price per share: $0.03; proceeds reported: $2,900
- Shares owned after transaction: Not disclosed in the provided details of this summary
- Filing timeliness: Filed within the Form 4 reporting window (timely)
- Notable: Insider is a 10% owner (significant shareholder); no 10b5-1 plan, tax withholding, or other footnotes indicated in the provided data
Context
Sales by insiders (including large shareholders) are often routine liquidity events and do not, by themselves, indicate company performance or insider sentiment. Purchases typically carry more informational weight for investors. As a 10% owner, Lozinski is a major shareholder — this trade reduced his stake but, based on the small dollar amount, appears modest in economic terms.