Vertical Data Inc.: Head of biz dev Jesse Nickel received 300,000 shares

What happened

• The filing reports that Jesse Nickel, head of business development, received 300,000 shares of common stock at $0.50 per share, for a total of $150,000. The grant/award is reported as an acquisition (code A) dated Mar 11, 2026. This is an amendment to the Form 4 filed Mar 23, 2026.

Key details

• Transaction date and price: Mar 11, 2026 at $0.50 per share.
• Total value: $150,000 for 300,000 shares.
• Shares owned after the transaction: not reported in this amendment.
• Footnotes: the amendment corrects the original Form 4 line that had reported the acquisition as Mar 1, 2026 at $0.05 per share; the shares were issued in settlement of accrued fees for services rendered and were approved by the board on Mar 11, 2026 (footnote F1). The transaction was approved by the board and is intended to be exempt from Section 16(b) under Rule 16b-3(d) (footnote F2). The amendment also corrects Item 5 to show the reporting person is an officer (Officer box checked).
• Filing status: this is Amendment No. 1 filed Oct 9, 2026 amending the Form 4 filed Mar 23, 2026.

Why it may matter

• The filing shows shares were issued as settlement of accrued fees for services rendered, not a market purchase or sale.
• This is an amended report correcting the original reported date and price and clarifying the reporting person’s officer status.
• A filing does not show why the insider traded or why the company acted.