Pena Michael 4

4 · PSQ Holdings, Inc. · Filed May 15, 2026

AI-generated summary of this filing

Updated May 16, 2026

PSQ Holdings (PSQH) CFO Michael Pena Sells Shares

What Happened

Michael Pena, Chief Financial Officer of PSQ Holdings, sold a total of 10,682 shares of Class A common stock across three open-market transactions to cover taxes associated with the settlement of restricted stock units (RSUs). Sales by date: May 13, 2026 — 3,051 shares at a weighted avg $0.66 ($2,012); May 14, 2026 — 3,041 shares at a weighted avg $0.61 ($1,860); May 15, 2026 — 4,590 shares at a weighted avg $0.59 (~$2,703). Total proceeds across the three days are approximately $6,575. These were sales (S) — often routine tax-withholding transactions rather than purchases signaling bullish intent.

Key Details

Transaction dates and prices:
- 2026-05-13: 3,051 shares, weighted avg $0.66 (sales ranged $0.613–$0.718) — F2
- 2026-05-14: 3,041 shares, weighted avg $0.61 (sales ranged $0.5871–$0.6302) — F3
- 2026-05-15: 4,590 shares, weighted avg $0.59 (sales ranged $0.5858–$0.6000) — F4
Total shares sold: 10,682; total proceeds: ~ $6,575.
Reason given (footnote F1): shares sold to cover taxes from RSU settlement (tax withholding).
Filing timeliness: report filed May 15, 2026; the filing shows no indication of late reporting.
Shares owned after the transactions: not specified in the filing.

Context

These sales are disclosed as tax-withholding sales tied to RSU settlement — a common insider transaction type that typically reflects administrative/tax needs rather than a deliberate market-timing decision. Footnotes provide weighted-average prices and price ranges for each day; the reporting person offers to provide a detailed breakdown of prices per share upon request to the SEC, issuer, or a security holder.

Form 4

Period: 2026-05-13

Chief Financial Officer

Transactions

Sale
Class A Common Stock, par value $0.0001 per share
[F1][F2]
2026-05-13$0.66/sh−3,051$2,012→ 21,949 total
Sale
Class A Common Stock, par value $0.0001 per share
[F1][F3]
2026-05-14$0.61/sh−3,041$1,860→ 18,908 total
Sale
Class A Common Stock, par value $0.0001 per share
[F1][F4]
2026-05-15$0.59/sh−4,590$2,703→ 14,317 total

Footnotes (4)

[F1]The shares were sold to cover taxes associated with the settlement of restricted stock units.
[F2]Reflects the weighted average price of 3,051 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 13, 2026 with sales prices ranging from $0.613 to $0.718 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[F3]Reflects the weighted average price of 3,041 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 14, 2026 with sales prices ranging from $0.5871 to $0.6302 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
[F4]Reflects the weighted average price of 4,590 shares of Class A Common Stock sold by the reporting person in multiple transactions on May 15, 2026 with sales prices ranging from $0.5858 to $0.6000 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Signature

/s/ James Giudice, Attorney-in-Fact for Michael Pena|2026-05-15

1 file