Major FiEE (FIEE) holder Elements Corporate Services boosts stake with new buys

Rhea-AI Filing Summary

FiEE, Inc. reported that Elements Corporate Services Limited, a 10% owner associated with Wong Man Ching, made significant open-market purchases of its securities on February 10, 2026.

Elements bought 2,138,181 shares of common stock at $1.29 per share, bringing its directly owned common stock holdings to 3,119,830 shares.

It also purchased 54,652 shares of Series A Convertible Preferred Stock at $1.81 per share, representing 76,513 underlying common shares based on a conversion ratio of 1.4 common shares per preferred share, subject to a 19.99% beneficial ownership limitation. The preferred stock votes on an as-converted basis and has no conversion expiry.

Positive

• Large 10% owner increased position via open-market purchases, acquiring 2,138,181 common shares at $1.29 and 54,652 Series A preferred shares at $1.81, which generally indicates confidence from a significant shareholder.

Negative

• None.

Insights

Equity ownership and insider-transactions analyst

FiEE’s 10% holder increased its stake through sizeable open-market purchases.

Elements Corporate Services Limited, a 10% owner associated with Wong Man Ching, bought $1.29-priced common stock and $1.81-priced Series A preferred on February 10, 2026. These are open-market purchases, typically interpreted as a signal of confidence by a large shareholder.

The preferred stock is convertible into common at a 1.4:1 ratio, with a 19.99% beneficial ownership cap and voting on an as-converted basis. This structure allows additional economic and voting exposure while limiting reported ownership. Future company filings can clarify how much of this preferred is ultimately converted.

Insider Trade Summary

Net Buyer: 2,192,833 shares ($2,857,174)

Net Buy 2 txns

Insider Elements Corporate Services Ltd, Wong Man Ching

Role 10% Owner | 10% Owner

Bought 2,192,833 shs ($2.86M)

Type	Security	Shares	Price	Value
Purchase	Series A Convertible Preferred Stock	54,652	$1.81	$99K
Purchase	Common Stock	2,138,181	$1.29	$2.76M

Holdings After Transaction: Series A Convertible Preferred Stock — 54,652 shares (Direct); Common Stock — 3,119,830 shares (Direct)

Footnotes (1)

1. The securities are owned directly by Elements Corporate Services Limited, a Hong Kong limited company ("Elements"). Wong Man Ching is the sole director and sole shareholder of Elements, and as a result, Ms. Wong may be deemed to have beneficial ownership of the securities held by Elements. The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible into shares of common stock, par value $0.01 per share ("common stock") of FiEE, Inc. (the "Issuer") at a ratio of 1.4 shares of common stock for each share of Preferred Stock, subject to a 19.99% beneficial ownership limitation. Preferred Stock votes on matters of the Issuer on an as-converted basis, without regard to such beneficial ownership limitation. The right to convert shares of Preferred Stock into shares of common stock does not expire.

Form 4 Insider Transactions: What Each Field Means →

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^*

Elements Corporate Services Ltd

(Last) (First) (Middle)

ROOM 1604, 16/F, OFFICEPLUS @SHEUNG WAN

93-103 WING LOK STREET

(Street)

SHEUNG WAN K3 00000

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FiEE, Inc. [ FIEE ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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

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

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

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 Stock	02/10/2026		P		2,138,181	A	$1.29	3,119,830	D(1)

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 A Convertible Preferred Stock	(2)	02/10/2026		P		54,652		(2)	(2)	Common Stock	76,513	$1.81	54,652	D(1)

1. Name and Address of Reporting Person^*

Elements Corporate Services Ltd

(Last) (First) (Middle)

ROOM 1604, 16/F, OFFICEPLUS @SHEUNG WAN

93-103 WING LOK STREET

(Street)

SHEUNG WAN K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Wong Man Ching

(Last) (First) (Middle)

ROOM 1604, 16/F, OFFICEPLUS @SHEUNG WAN

93-103 WING LOK STREET

(Street)

SHEUNG WAN K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. The securities are owned directly by Elements Corporate Services Limited, a Hong Kong limited company ("Elements"). Wong Man Ching is the sole director and sole shareholder of Elements, and as a result, Ms. Wong may be deemed to have beneficial ownership of the securities held by Elements.

2. The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible into shares of common stock, par value $0.01 per share ("common stock") of FiEE, Inc. (the "Issuer") at a ratio of 1.4 shares of common stock for each share of Preferred Stock, subject to a 19.99% beneficial ownership limitation. Preferred Stock votes on matters of the Issuer on an as-converted basis, without regard to such beneficial ownership limitation. The right to convert shares of Preferred Stock into shares of common stock does not expire.

	/s/ Wong Man Ching, as sole director of Elements Corporate Services Limited	02/12/2026
	/s/ Wong Man Ching	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did FiEE (FIEE) disclose in this Form 4?

FiEE disclosed that Elements Corporate Services Limited, a 10% owner, bought 2,138,181 common shares at $1.29 and 54,652 Series A preferred shares at $1.81 on February 10, 2026, increasing its direct holdings in both security classes.

Who is Elements Corporate Services Limited in relation to FiEE (FIEE)?

Elements Corporate Services Limited is a Hong Kong company that is a 10% owner of FiEE. Footnotes state the securities are owned directly by Elements, and its sole director and shareholder, Wong Man Ching, may be deemed to have beneficial ownership of those securities.

How many FiEE (FIEE) common shares does Elements own after the transaction?

After the reported open-market purchase, Elements Corporate Services Limited beneficially owns 3,119,830 shares of FiEE common stock directly. This reflects the addition of 2,138,181 new common shares bought at a price of $1.29 per share on February 10, 2026.

What are the terms of FiEE (FIEE) Series A Convertible Preferred Stock?

Each share of FiEE’s Series A Convertible Preferred Stock converts into 1.4 common shares, subject to a 19.99% beneficial ownership limitation. The preferred shares vote with common stock on an as-converted basis, and the right to convert does not expire, providing ongoing flexibility.

How many FiEE (FIEE) common shares underlie the preferred shares bought?

The 54,652 Series A Convertible Preferred shares acquired correspond to 76,513 FiEE common shares, based on the stated 1.4-to-1 conversion ratio. This underlying amount is subject to the 19.99% beneficial ownership limitation described in the footnotes to the filing.

Did a FiEE (FIEE) insider personally buy these shares or an affiliated entity?

The securities are owned directly by Elements Corporate Services Limited. The filing explains that Wong Man Ching is Elements’ sole director and shareholder and may be deemed to have beneficial ownership of the securities, but the transactions are attributed to Elements itself.