CitroTech CFO converts preferred into 177,794 shares

CitroTech Inc. CFO Warman Nanuk, through his wholly owned entity Nanuk Warman CPA Inc., converted preferred stock into common shares.

Accepted by SEC EDGAR 04/17/2026 - 09:18 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CitroTech Inc. CFO Warman Nanuk, through his wholly owned entity Nanuk Warman CPA Inc., converted preferred stock into common shares. An indirect holding of 53,339 shares of Series C Convertible Preferred Stock was converted into 177,794 shares of Common Stock at no stated cash price. After the conversion, the filing shows 0 shares of this preferred stock and 177,794 common shares held indirectly. Each preferred share was convertible into 3.3333 common shares, and the preferred stock has no expiration date.

Insider Trade Summary

53,339 shares exercised/converted

Exercise 2 txns

Insider Warman Nanuk

Role CFO/Secretary

Type	Security	Shares	Price	Value
Conversion	Series C Convertible Preferred Stock	53,339	$0.00	$0.00
Conversion	Common	177,794	$0.00	$0.00

Holdings After Transaction: Series C Convertible Preferred Stock — 0 shares (Indirect, Sole owner of Nanuk Warman CPA Inc.); Common — 177,794 shares (Indirect, Sole owner of Nanuk Warman CPA Inc)

Holdings Before and After: Series C Convertible Preferred Stock, 53,339 to 0 shares (Indirect, Sole owner of Nanuk Warman CPA Inc.); Common, 0 to 177,794 shares (Indirect, Sole owner of Nanuk Warman CPA Inc)

Footnotes (1)

1. F1. Each share of Series C Convertible Preferred Stock is convertible at any time at the option of the holder into 3.3333 shares of Common Stock. The Series C Convertible Preferred Stock has no expiration date.

Key Figures

Preferred shares converted: 53,339 shares Common shares received: 177,794 shares Conversion ratio: 3.3333 common per preferred share +2 more

5 metrics

Preferred shares converted 53,339 shares Series C Convertible Preferred Stock converted on April 16, 2026

Common shares received 177,794 shares Common Stock received from preferred conversion on April 16, 2026

Conversion ratio 3.3333 common per preferred share Series C Convertible Preferred Stock terms, no expiration date

Common shares held after 177,794 shares Indirect ownership via Nanuk Warman CPA Inc. following transaction

Preferred shares remaining 0 shares Series C Convertible Preferred Stock after reported conversion

Key Terms

Series C Convertible Preferred Stock, derivative conversion, indirect ownership, conversion price

4 terms

Series C Convertible Preferred Stock financial

"Each share of Series C Convertible Preferred Stock is convertible at any time"

Series C convertible preferred stock is a class of investment shares issued in a later private financing round that combine safety and upside: they usually pay ahead of ordinary shares if a company pays dividends or is sold, but can be converted into common stock to share in future growth. For investors this acts like a VIP ticket with a safety net—offering priority protection while preserving the option to participate in a successful exit.

derivative conversion financial

"transaction_action": "derivative conversion""

indirect ownership financial

"ownership_type": "indirect""

conversion price financial

"conversion_or_exercise_price": "0.0000""

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CITR CFO Warman Nanuk report on this Form 4?

The filing reports a derivative conversion, where Warman Nanuk, via Nanuk Warman CPA Inc., converted 53,339 Series C Convertible Preferred shares into 177,794 Common shares. No cash transaction price was reported for this conversion.

How many CitroTech (CITR) preferred shares were converted and into how many common shares?

The filing shows 53,339 shares of Series C Convertible Preferred Stock converted into 177,794 shares of Common Stock. This reflects the stated conversion ratio of 3.3333 common shares for each preferred share.

What are Warman Nanuk’s CitroTech (CITR) holdings after this reported transaction?

After the conversion, the filing shows 177,794 shares of Common Stock held indirectly through Nanuk Warman CPA Inc. It also reports 0 shares of the Series C Convertible Preferred Stock remaining following this transaction.

Is the Series C Convertible Preferred Stock of CitroTech (CITR) subject to an expiration date?

According to the footnote, the Series C Convertible Preferred Stock has no expiration date. It is convertible at any time at the holder’s option into 3.3333 shares of Common Stock per preferred share.

Is Warman Nanuk’s ownership in this CitroTech (CITR) Form 4 direct or indirect?

The filing classifies the holdings as indirect ownership. It notes that Warman Nanuk is the sole owner of Nanuk Warman CPA Inc., the entity through which the Series C Preferred and resulting Common shares are held.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Warman Nanuk

(Last) (First) (Middle)

6400 S. FIDDLERS GREEN CIR

SUITE 300

(Street)

GREENWOOD VILLAGE COLORADO 80111

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CitroTech Inc. [ CITR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO/Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common	04/16/2026		C		177,794	A	$0	177,794	I	Sole owner of Nanuk Warman CPA Inc

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series C Convertible Preferred Stock	(1)	04/16/2026		C			53,339	(1)	(1)	Common	177,794	$0	0	I	Sole owner of Nanuk Warman CPA Inc.

Explanation of Responses:

1. Each share of Series C Convertible Preferred Stock is convertible at any time at the option of the holder into 3.3333 shares of Common Stock. The Series C Convertible Preferred Stock has no expiration date.

	/s/ Nanuk Warman	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)