[Form 4] C1 Fund Inc. Insider Trading Activity
David Hytha, Chief Financial Officer of C1 Fund Inc. (CFND), reported changes in his beneficial ownership on Form 4. The filing shows non-derivative transactions dated 09/05/2025 resulting in disposals: 4,672 shares reported as disposed (code J) and an additional 5,004 shares disposed. After the reported transactions, the filing shows the Reporting Person beneficially owns 31,149 shares indirectly through C1 Group LLC. The explanation states that on September 5, 2025, 100,000 shares of common stock held by C1 Group LLC were cancelled because underwriters did not exercise their over-allotment option, and the reported numbers reflect indirect ownership through the sponsor.
David Hytha, Chief Financial Officer di C1 Fund Inc. (CFND), ha comunicato variazioni nella sua partecipazione beneficiaria tramite il Modulo 4. La dichiarazione riporta operazioni non-derivative datate 05/09/2025 che hanno comportato dismissioni: 4.672 azioni segnalate come cedute (codice J) e ulteriori 5.004 azioni cedute. Dopo le operazioni indicate, il documento mostra che la Persona Segnalante detiene beneficiariamente 31.149 azioni indirettamente tramite C1 Group LLC. La spiegazione precisa che il 5 settembre 2025 sono state annullate 100.000 azioni ordinarie in capo a C1 Group LLC poiché gli underwriter non hanno esercitato l'opzione di sovrallocazione, e i numeri riportati riflettono la titolarità indiretta attraverso lo sponsor.
David Hytha, Director Financiero de C1 Fund Inc. (CFND), informó cambios en su propiedad beneficiaria mediante el Formulario 4. La presentación muestra transacciones no derivadas con fecha 05/09/2025 que resultaron en disposiciones: 4.672 acciones informadas como enajenadas (código J) y otras 5.004 acciones dispuestas. Tras las transacciones reportadas, el documento indica que la Persona Informante posee beneficiariamente 31.149 acciones de forma indirecta a través de C1 Group LLC. La explicación señala que el 5 de septiembre de 2025 se cancelaron 100.000 acciones ordinarias en poder de C1 Group LLC porque los suscriptores no ejercieron su opción de sobreasignación, y las cifras reflejan la propiedad indirecta a través del patrocinador.
C1 Fund Inc.(CFND)의 최고재무책임자(CFO) David Hytha가 양도소득 보유 변동을 양식 4로 보고했습니다. 제출서류에는 2025-09-05자 비파생 거래로 처분이 발생한 것으로 나타났습니다: 4,672주가 처분(코드 J)으로 보고되었고 추가로 5,004주가 처분되었습니다. 보고된 거래 이후, 제출서류는 보고인이 C1 Group LLC를 통해 간접적으로 31,149주를 실질적으로 보유하고 있음을 보여줍니다. 설명에 따르면 2025년 9월 5일 C1 Group LLC가 보유한 100,000주의 보통주가 인수단이 초과배정옵션을 행사하지 않아 취소되었으며, 보고된 수치는 스폰서를 통한 간접 보유를 반영합니다.
David Hytha, directeur financier de C1 Fund Inc. (CFND), a déclaré des changements dans sa participation bénéficiaire via le formulaire 4. Le dépôt indique des opérations non dérivatives datées du 05/09/2025 entraînant des cessions : 4 672 actions déclarées comme cédées (code J) et 5 004 actions supplémentaires cédées. Après les transactions déclarées, le document montre que la personne déclarante détient bénéficiairement 31 149 actions de façon indirecte via C1 Group LLC. L'explication précise que le 5 septembre 2025, 100 000 actions ordinaires détenues par C1 Group LLC ont été annulées parce que les souscripteurs n'ont pas exercé leur option de surallocation, et que les chiffres reflètent la détention indirecte via le sponsor.
David Hytha, Chief Financial Officer von C1 Fund Inc. (CFND), meldete Änderungen in seinem wirtschaftlichen Eigentum auf Formular 4. Die Einreichung zeigt nicht-derivative Transaktionen vom 05.09.2025, die zu Veräußerungen führten: 4.672 Aktien wurden als veräußert gemeldet (Code J) sowie weitere 5.004 Aktien veräußert. Nach den gemeldeten Transaktionen weist die Meldung aus, dass die meldende Person wirtschaftlich 31.149 Aktien indirekt über C1 Group LLC hält. Zur Erklärung heißt es, dass am 5. September 2025 100.000 Aktien Stammaktien, die von C1 Group LLC gehalten wurden, annulliert wurden, weil die Underwriter ihre Mehrzuteilungsoption nicht ausgeübt haben, und die angegebenen Zahlen die indirekte Beteiligung über den Sponsor widerspiegeln.
- None.
- None.
Insights
TL;DR: Insider reports modest disposals and a reduced indirect stake after cancellation of 100,000 sponsor-held shares; this appears routine.
The Form 4 discloses two non-derivative disposal entries dated 09/05/2025 totaling 9,676 shares disposed (4,672 and 5,004). The Reporting Person's beneficial ownership is shown as 31,149 shares indirect via C1 Group LLC. The filing explicitly attributes a 100,000-share cancellation at the sponsor level because the underwriters did not exercise the over-allotment option described in the IPO prospectus. There is no indication in the Form 4 of stock sales for cash proceeds, options exercised, or other compensatory transactions beyond the cancellation and reported disposals. From a securities perspective, this is a disclosure of ownership changes tied to IPO-related share adjustments rather than an independent market disposal event.
TL;DR: Disclosure is clear about indirect ownership and sponsor-level cancellation; no governance red flags in this Form 4 alone.
The report identifies the reporting person as the CFO and clarifies indirect ownership via the issuer's sponsor, C1 Group LLC. The explicit explanation of the 100,000-share cancellation provides context linking the change to IPO mechanics (over-allotment non-exercise). The filing contains required signature and date. Based solely on this Form 4, there are no allegations of improper insider trading or omitted material facts; it documents ownership adjustments resulting from sponsor share cancellation and related disposals reported on the same date.
David Hytha, Chief Financial Officer di C1 Fund Inc. (CFND), ha comunicato variazioni nella sua partecipazione beneficiaria tramite il Modulo 4. La dichiarazione riporta operazioni non-derivative datate 05/09/2025 che hanno comportato dismissioni: 4.672 azioni segnalate come cedute (codice J) e ulteriori 5.004 azioni cedute. Dopo le operazioni indicate, il documento mostra che la Persona Segnalante detiene beneficiariamente 31.149 azioni indirettamente tramite C1 Group LLC. La spiegazione precisa che il 5 settembre 2025 sono state annullate 100.000 azioni ordinarie in capo a C1 Group LLC poiché gli underwriter non hanno esercitato l'opzione di sovrallocazione, e i numeri riportati riflettono la titolarità indiretta attraverso lo sponsor.
David Hytha, Director Financiero de C1 Fund Inc. (CFND), informó cambios en su propiedad beneficiaria mediante el Formulario 4. La presentación muestra transacciones no derivadas con fecha 05/09/2025 que resultaron en disposiciones: 4.672 acciones informadas como enajenadas (código J) y otras 5.004 acciones dispuestas. Tras las transacciones reportadas, el documento indica que la Persona Informante posee beneficiariamente 31.149 acciones de forma indirecta a través de C1 Group LLC. La explicación señala que el 5 de septiembre de 2025 se cancelaron 100.000 acciones ordinarias en poder de C1 Group LLC porque los suscriptores no ejercieron su opción de sobreasignación, y las cifras reflejan la propiedad indirecta a través del patrocinador.
C1 Fund Inc.(CFND)의 최고재무책임자(CFO) David Hytha가 양도소득 보유 변동을 양식 4로 보고했습니다. 제출서류에는 2025-09-05자 비파생 거래로 처분이 발생한 것으로 나타났습니다: 4,672주가 처분(코드 J)으로 보고되었고 추가로 5,004주가 처분되었습니다. 보고된 거래 이후, 제출서류는 보고인이 C1 Group LLC를 통해 간접적으로 31,149주를 실질적으로 보유하고 있음을 보여줍니다. 설명에 따르면 2025년 9월 5일 C1 Group LLC가 보유한 100,000주의 보통주가 인수단이 초과배정옵션을 행사하지 않아 취소되었으며, 보고된 수치는 스폰서를 통한 간접 보유를 반영합니다.
David Hytha, directeur financier de C1 Fund Inc. (CFND), a déclaré des changements dans sa participation bénéficiaire via le formulaire 4. Le dépôt indique des opérations non dérivatives datées du 05/09/2025 entraînant des cessions : 4 672 actions déclarées comme cédées (code J) et 5 004 actions supplémentaires cédées. Après les transactions déclarées, le document montre que la personne déclarante détient bénéficiairement 31 149 actions de façon indirecte via C1 Group LLC. L'explication précise que le 5 septembre 2025, 100 000 actions ordinaires détenues par C1 Group LLC ont été annulées parce que les souscripteurs n'ont pas exercé leur option de surallocation, et que les chiffres reflètent la détention indirecte via le sponsor.
David Hytha, Chief Financial Officer von C1 Fund Inc. (CFND), meldete Änderungen in seinem wirtschaftlichen Eigentum auf Formular 4. Die Einreichung zeigt nicht-derivative Transaktionen vom 05.09.2025, die zu Veräußerungen führten: 4.672 Aktien wurden als veräußert gemeldet (Code J) sowie weitere 5.004 Aktien veräußert. Nach den gemeldeten Transaktionen weist die Meldung aus, dass die meldende Person wirtschaftlich 31.149 Aktien indirekt über C1 Group LLC hält. Zur Erklärung heißt es, dass am 5. September 2025 100.000 Aktien Stammaktien, die von C1 Group LLC gehalten wurden, annulliert wurden, weil die Underwriter ihre Mehrzuteilungsoption nicht ausgeübt haben, und die angegebenen Zahlen die indirekte Beteiligung über den Sponsor widerspiegeln.
