CDT Equity Inc. Schedule 13G: a Nirland/Stockton/Rowland/Dovet group reports shared beneficial ownership of 75,315 shares of Common Stock, equal to 1.6% of the class. The group states it exceeded 5% on 02/19/2026, which triggered the reporting obligation; ownership has since decreased below 5% as of this filing. The filing lists shared voting and dispositive power for 75,315 shares and includes a Joint Filing Agreement dated 05/20/2026.
Positive
None.
Negative
None.
Insights
Minor passive holding disclosed; routine beneficial-ownership update.
The filing shows a collective reporting group tied by ownership and trustee relationships that reports shared beneficial ownership of 75,315 shares (1.6%). The group states it crossed a 5% threshold on 02/19/2026 and now reports a decline below 5%.
Watch subsequent amendments for any material changes in voting/dispositive power or additional transfers; timing of any further changes is not provided in the excerpt.
Key Figures
Shares reported:75,315 sharesPercent of class:1.6%Threshold date:02/19/2026+2 more
"Joint Filing Agreement, dated May 20, 2026, a copy of which is filed as Exhibit 99.1"
beneficial ownershipregulatory
"Amount beneficially owned: The information required by Items 4(a) - (c) is set forth"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CDT Equity Inc.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
20678X502
(CUSIP Number)
02/19/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
20678X502
1
Names of Reporting Persons
Nirland Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
75,315.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
75,315.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
75,315.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.6 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
20678X502
1
Names of Reporting Persons
Stockton Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
75,315.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
75,315.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
75,315.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.6 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
20678X502
1
Names of Reporting Persons
The Rowland Master Trust
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
75,315.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
75,315.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
75,315.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.6 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
20678X502
1
Names of Reporting Persons
Dovet Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
GUERNSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
75,315.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
75,315.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
75,315.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.6 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Nirland Limited, a company registered in Guernsey with company number 58804 of The Old Stables Rue a L'Or, St. Peter Port, GUERNSEY GY1 1QG ("Nirland Limited"), is wholly owned by Stockton Limited, a company registered in Guernsey ("Stockton Limited"), which is wholly owned by The Rowland Master Trust, a Guernsey trust ("The Rowland Master Trust"). Dovet Limited, a company registered in Guernsey ("Dovet Limited"), is the sole trustee of The Rowland Master Trust. By virtue of these relationships, each of Stockton Limited, The Rowland Master Trust and Dovet Limited may be deemed to share beneficial ownership of the securities held of record by Nirland Limited.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CDT Equity Inc.
(b)
Address of issuer's principal executive offices:
4851 Tamiami Trail North, Suite 200, Naples, Florida 34103
Item 2.
(a)
Name of person filing:
This statement is filed by the following entities and individuals (collectively, referred to as the "Reporting Persons"):
Nirland Limited, a company registered in Guernsey;
Stockton Limited, a company registered in Guernsey;
The Rowland Master Trust, a Guernsey trust; and
Dovet Limited, a company registered in Guernsey.
Stockton Limited is the sole owner of Nirland Limited, and as a result, may be deemed to share voting and dispositive power with respect to the securities held by Nirland Limited. The Rowland Master Trust is the sole owner of Stockton Limited, and as a result, may be deemed to share voting and dispositive power with respect to the securities held by Nirland Limited. Dovet Limited is the sole trustee of The Rowland Master Trust, and as a result, may be deemed to share voting and dispositive power with respect to the securities held by Nirland Limited.
The Reporting Persons entered into a Joint Filing Agreement, dated May 20, 2026, a copy of which is filed with this Schedule 13G as Exhibit 99.1, which is herein incorporated by reference, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is The Old Stables, Rue a l'Or, St Peter Port, GY1 1QG, Guernsey.
(c)
Citizenship:
Each Reporting Person is organized/established in Guernsey.
(d)
Title of class of securities:
Common Stock, $0.0001 par value
(e)
CUSIP Number(s):
20678X502
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The Reporting Person beneficially owned more than five percent of the class on February 19, 2026, which gave rise to the filing obligation, but beneficial ownership has decreased below five percent as of the date of this filing.
(b)
Percent of class:
1.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
75,315.00 shares of Common Stock
(iii) Sole power to dispose or to direct the disposition of:
Not Applicable
(iv) Shared power to dispose or to direct the disposition of:
75,315.00 shares of Common Stock
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Nirland Limited
Signature:
/s/ David Rowland
Name/Title:
David Rowland/Director
Date:
05/20/2026
Stockton Limited
Signature:
/s/ David Rowland
Name/Title:
David Rowland/Director
Date:
05/20/2026
The Rowland Master Trust
Signature:
By: Dovet Limited, its trustee, /s/ Harley Rowland
What does the Schedule 13G filed by Nirland/Stockton/Rowland/Dovet report for CDT (CDT)?
It reports collective shared beneficial ownership of 75,315 shares, equal to 1.6% of Common Stock. The filing notes the group exceeded 5% on 02/19/2026 and states ownership has since fallen below 5% as of this filing.
Who are the reporting persons in the CDT Schedule 13G?
The reporting persons are Nirland Limited, Stockton Limited, The Rowland Master Trust, and Dovet Limited. The filing explains ownership and trustee relationships that give each reporting person shared voting and dispositive power over the reported shares.
How many shares and what percent of CDT does the group report owning?
The group reports shared ownership of 75,315 shares of Common Stock, representing 1.6% of the class. The number appears on the cover rows and is repeated in the ownership section and cover-page rows incorporated by reference.
Why was a Schedule 13G filed even though the current ownership is below 5%?
The filing states the group beneficially owned more than 5% on 02/19/2026, which created the filing obligation. The statement also discloses that beneficial ownership decreased below 5% by the time of this filing on 05/20/2026.
Does the filing show who has voting or dispositive power over the shares?
Yes. The filing lists shared voting power and shared dispositive power of 75,315 shares for the reporting group. It indicates no sole voting or dispositive power listed for any single reporting person in the provided excerpt.
