BioForce director reports 1M-share stock stake
New director Scott Mager reports initial ownership of 1,000,000 restricted BFNH common shares received instead of cash pay under a three‑year service agreement.
Rhea-AI Filing Summary
BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH) reported the initial equity holdings of director Scott Mager on a Form 3. He holds 1,000,000 shares of common stock, received as restricted shares in lieu of cash compensation under a three‑year service contract with the company. No Rule 10b5‑1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mager Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock; Par Value $0.001 F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock; Par Value $0.001 — 1,000,000 shares (Direct)
Footnotes (1)
- F1. Reporting Person received restricted shares in lieu of cash compensation based on a (3) three service contract with the Company.
Key Figures
Common shares beneficially owned: 1,000,000 shares
Par value per common share: $0.001 per share
Service contract term: 3 years
3 metrics
Common shares beneficially owned
1,000,000 shares
Direct holdings of Scott Mager reported on Form 3
Par value per common share
$0.001 per share
Par value of BIOFORCE NANOSCIENCES HOLDINGS, INC. common stock
Service contract term
3 years
Restricted shares received in lieu of cash compensation based on a three‑year service contract
Key Terms
restricted shares, cash compensation, par value
3 terms
cash compensation financial
"received restricted shares in lieu of cash compensation based on a (3) three service contract"
par value financial
"Common Stock; Par Value $0.001"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What does the Form 3 filing disclose about BFNH director Scott Mager?
The Form 3 shows that director Scott Mager beneficially owns 1,000,000 shares of BFNH common stock, held directly as restricted shares received instead of cash compensation under a three‑year service contract with BIOFORCE NANOSCIENCES HOLDINGS, INC.
What type of BFNH security does Scott Mager hold and what is its par value?
Scott Mager holds common stock of BIOFORCE NANOSCIENCES HOLDINGS, INC. with a stated par value of $0.001 per share, reported as restricted shares received instead of cash compensation.
Does the Scott Mager Form 3 for BFNH report any stock purchases or sales?
No. The Form 3 is an initial ownership report and lists 1,000,000 restricted shares of BFNH common stock held directly. It does not report any purchase or sale transactions and no Rule 10b5‑1 trading plan is mentioned.
AI-generated analysis. How Rhea-AI works. Not financial advice.