[Form 3] DATA I/O CORP Initial Statement of Beneficial Ownership
Data I/O Corp (DAIO) filed an initial Section 16 Form 3 disclosing that Charles Joseph DiBona, listed as Vice President & Chief Financial Officer, reported a Section 16 event dated 08/15/2025. The filing states that Mr. DiBona does not beneficially own any securities of the issuer as of the report. The form is signed by Mr. DiBona on 09/30/2025 and provides his name and Seattle, WA address.
- Initial disclosure filed for an officer of Data I/O Corp, establishing transparency
- Role clearly identified as Vice President & CFO, creating a public record of executive status
- Explicit statement of no beneficial ownership, which clarifies current insider position and simplifies near-term reporting obligations
- None.
Insights
TL;DR: New officer disclosed with no beneficial ownership reported, a routine but material insider filing for corporate records.
The Form 3 documents an initial beneficial-ownership statement for an officer, which is a standard disclosure obligation under Section 16. It identifies the reporting person, role (Vice President & CFO), event date (08/15/2025) and a signed declaration (09/30/2025). The statement that no securities are beneficially owned is explicit; therefore there are no equity positions, options, or derivative holdings reported that would trigger short-swing profit considerations at this time. For governance purposes, the filing establishes a public record of the officer's ownership status.
TL;DR: Filing appears complete and timely for an initial Form 3; absence of holdings reduces immediate Section 16 reporting complexity.
This initial Form 3 supplies required identification and confirms that the reporting person has no beneficial ownership to report. From a compliance standpoint, the filing meets the basic disclosure requirement to notify the market of an insider's position (or lack thereof). Because no securities are reported, there are currently no subsequent Section 16 transaction reporting obligations until holdings are acquired or dispositions occur.