BioForce CEO gifts 4.1M shares, takes stock pay
BFNH’s CEO and CFO reports a large share gift, a share-based debt payment, and a restricted stock wage payment with no Rule 10b5-1 plan.
Rhea-AI Filing Summary
BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH) reports mixed insider activity by CEO and CFO Richard Kaiser. On April 20, 2026, he made a bona fide gift of 4,132,000 common shares at $0.001 per share, with 38,000 of these held in the name of YES INTERNATIONAL, an LLC he controls. On August 20, 2026, he disposed of 38,462 shares at $0.65 per share to pay a $25,000 promissory note to a residential landscape contractor in shares instead of cash. On August 31, 2026, he acquired 316,909 restricted shares at $0.55 per share in lieu of cash for a portion of accrued wages owed by the company through April 30, 2026. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock; Par Value $0.001 F3 | 316,909 | $0.55 | $174K |
| Other | Common Stock; Par Value $0.001 F2 | 38,462 | $0.65 | $25K |
| Gift | Common Stock; Par Value $0.001 F1 | 4,132,000 | $0.001 | $4K |
Footnotes (3)
- F1. 38,000 shares of this amount are held in YES INTERNATIONAL's name, an LLC that is 100% controlled by the reporting individual
- F2. Reporting person paid a residential landscape contractor in shares in lieu of cash on an outstanding promissory note that was entered into in 2020 for the amount of $25,000.
- F3. Reporting person received restricted shares in lieu of cash on a portion of accrued wages owed by the Company through April 30, 2026.
Key Figures
Key Terms
bona fide gift financial
promissory note financial
in lieu of cash financial
FAQ
What insider transactions did BFNH’s CEO and CFO report on this Form 4?
What restricted stock did the CEO and CFO of BFNH receive for wages?
Were BFNH insider transactions made under a Rule 10b5-1 trading plan?
What role does YES INTERNATIONAL play in the BFNH insider holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.