Coda Octopus director reports no owned shares

New CODA director Stephen Nathaniel Hemedes reports no current beneficial ownership, with 3,956 restricted shares scheduled to vest in 2027.

Available on EDGAR 09/15/2026 - 04:59 PM EDT Accepted by SEC EDGAR 09/15/2026 - 04:59 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Coda Octopus Group, Inc. (CODA) received an initial ownership report from director Stephen Nathaniel Hemedes, who states that he does not currently beneficially own any of the company’s securities. A footnote explains this excludes 3,956 shares that are scheduled to vest on September 8, 2027.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Hemedes Stephen Nathaniel

Role Director

Type	Security	Shares	Price	Value
Holding	Common Stock F1	--	--	--

Holdings: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. Reporting person does not currently beneficially own any of Issuer's securities. Does not include 3,956 shares that will vest on September 8, 2027.

Key Figures

Currently beneficially owned shares: 0 shares Shares scheduled to vest: 3,956 shares Vesting date: September 8, 2027

3 metrics

Currently beneficially owned shares 0 shares Reported by director Stephen Nathaniel Hemedes in the initial ownership statement

Shares scheduled to vest 3,956 shares Unvested award noted as vesting on September 8, 2027 and excluded from current ownership

Vesting date September 8, 2027 Date when the 3,956 unvested shares referenced in the footnote will vest

Key Terms

beneficially own, vest

2 terms

beneficially own financial

"Reporting person does not currently beneficially own any of Issuer's securities"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

vest financial

"Does not include 3,956 shares that will vest on September 8, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

What does the Form 3 filing disclose about CODA director Stephen Nathaniel Hemedes?

The filing states that Stephen Nathaniel Hemedes, a director of Coda Octopus Group, Inc. (CODA), currently does not beneficially own any of the company’s securities, excluding 3,956 shares that are scheduled to vest on September 8, 2027.

How many CODA shares does Stephen Nathaniel Hemedes currently own?

He reports 0 shares of Coda Octopus Group, Inc. common stock as currently beneficially owned. A footnote clarifies this does not include 3,956 unvested shares that will vest on September 8, 2027.

What future equity does Stephen Nathaniel Hemedes have in CODA?

Hemedes has an award of 3,956 shares that are scheduled to vest on September 8, 2027. Until vesting, these shares are not counted as currently beneficially owned in the Form 3 disclosure.

Is there any buy or sell transaction reported in this CODA Form 3?

No. The Form 3 serves as an initial ownership statement. It reports no current beneficial ownership and references 3,956 unvested shares vesting on September 8, 2027, without listing any purchase, sale, or other transaction.

What role does Stephen Nathaniel Hemedes have at CODA in this filing?

He is identified as a director of Coda Octopus Group, Inc. The Form 3 records his initial statement of beneficial ownership in that capacity, showing no currently owned shares and a future vesting of 3,956 shares.

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

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SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hemedes Stephen Nathaniel

(Last) (First) (Middle)

3300 S HIAWASSEE RD, SUITE 104-105

(Street)

ORLANDO FLORIDA 32835

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/08/2026

3. Issuer Name and Ticker or Trading Symbol
Coda Octopus Group, Inc. [ CODA ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reporting person does not currently beneficially own any of Issuer's securities. Does not include 3,956 shares that will vest on September 8, 2027.

	/s/ Stephen Hemedes	09/15/2026
	** 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 5 (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 3: SEC 1473 (03-26)