STOCK TITAN

First Breach rescinds CEO's 6M-share stock award

The agreement states no consideration was paid or promised to either party to induce assent to rescission of the January 23, 2026 award.

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Form Type
4

Rhea-AI Filing Summary

First Breach, Inc. CEO and director Jeffrey Irwin Low reported a disposition of 6,000,000 common shares on September 28, 2026, through rescission ab initio of a restricted stock award. The award, made January 23, 2026, was rescinded in its entirety under an agreement between Low and the issuer; no consideration was paid or promised to either party to induce assent. Low reported direct holdings of 14,607,100 shares following the transaction.

Insider LOW JEFFREY IRWIN
Role CEO
Type Security Shares Price Value
Other Common Stock F1, F2 6,000,000 -- --
Holdings After Transaction: Common Stock — 14,607,100 shares (Direct)
Footnotes (2)
  1. F1. Pursuant to a Restricted Stock Award Rescission Agreement, each of Reporting Person and Issuer (each a "Party") agreed to rescind ab initio in its entirety that certain award of restricted stock (the "Award") to Reporting Person made January 23, 2026, and to revoke in full the terms and conditions set forth in the Reporting Person's Restricted Stock Award Agreement. No consideration was paid or promised to either Party in order to induce assent to the rescission of the Award.
  2. F2. Not applicable. See footnote 1.
Shares disposed 6,000,000 shares Common stock disposition on September 28, 2026
Direct shares following transaction 14,607,100 shares Jeffrey Irwin Low's reported position after the transaction
Original award date January 23, 2026 Date the rescinded restricted stock award was made
Transaction date September 28, 2026 Date of the reported disposition
ab initio technical
"agreed to rescind ab initio in its entirety"
Restricted Stock Award Rescission Agreement financial
"Pursuant to a Restricted Stock Award Rescission Agreement"
Restricted Stock Award Agreement financial
"revoke in full the terms and conditions set forth in the Reporting Person's Restricted Stock Award Agreement"
A restricted stock award agreement is a legal contract that grants someone company shares that are subject to limits — for example, they may only become fully owned after working at the company for a set time, meeting performance goals, or otherwise satisfying conditions. For investors, these agreements matter because they shape insider incentives, future share dilution when restrictions lift, and company compensation costs; think of it like a gift locked in a box that opens only after certain conditions are met.

FAQ

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

How many shares did FBDT CEO Jeffrey Irwin Low dispose of?

Jeffrey Irwin Low reported disposition of 6,000,000 common shares on September 28, 2026, through rescission ab initio of his restricted stock award.

How many shares did Jeffrey Irwin Low hold after the FBDT transaction?

Low reported direct holdings of 14,607,100 shares following the transaction.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
LOW JEFFREY IRWIN

(Last)(First)(Middle)

(Street)
HAGERSTOWN MARYLAND

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
First Breach, Inc. [ FBDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/28/2026J(1)6,000,000D(2)14,607,100D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to a Restricted Stock Award Rescission Agreement, each of Reporting Person and Issuer (each a "Party") agreed to rescind ab initio in its entirety that certain award of restricted stock (the "Award") to Reporting Person made January 23, 2026, and to revoke in full the terms and conditions set forth in the Reporting Person's Restricted Stock Award Agreement. No consideration was paid or promised to either Party in order to induce assent to the rescission of the Award.
2. Not applicable. See footnote 1.
Remarks:
/s/ Jeffrey I. Low09/30/2026
** Signature of Reporting PersonDate
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)

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