GlobalTech Corp (GLTK) CFO gains shared voting power over new stock

Rhea-AI Filing Summary

GlobalTech Corp CFO Muhammad Azhar Saeed, a more than 10% owner, reported updated holdings and new voting rights. He directly holds 28,445,112 shares of Common Stock. Through a Voting Agreement with two other shareholders, he and Syed Babar Ali share voting power over 750,000 Common shares and 82,800 shares of Series A Convertible Preferred Stock issued to those shareholders.

The Series A Preferred Stock is convertible into Common Stock under specified terms, including an optional 60-day conversion window beginning on March 31, 2026 and automatic conversion upon an uplisting to major U.S. exchanges. The Series A Preferred Stock has no expiration date.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Saeed Muhammad Azhar

Role CFO

Type	Security	Shares	Price	Value
Other	Series A Convertible Preferred Stock	82,800	$0.00	--
Other	Common Stock	750,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Series A Convertible Preferred Stock — 82,800 shares (Indirect, See footnote); Common Stock — 750,000 shares (Indirect, See footnote); Common Stock — 28,445,112 shares (Direct, null)

Footnotes (1)

1. On November 25, 2025, Stephen Buck and John Patrick Bywater (collectively, the "Shareholders"), entered into a Voting Agreement, with the Issuer, Syed Babar Ali and Muhammad Azhar Saeed (the "Majority Shareholders"). Pursuant to the Voting Agreement, the Shareholders appointed the Majority Shareholders with a power of attorney and irrevocable proxy to vote all Issuer securities held by the Shareholders from time to time until the earlier of (i) January 1, 2029, (ii) the date that the Shareholders hold no Company securities, or (iii) the date on which the Majority Shareholders have notified the Shareholders that the Voting Agreement has been terminated. On December 15, 2025, the Shareholders were issued: (i) 82,800 shares of newly designated shares of Series A Convertible Preferred Stock of the Company (the "Series A Preferred Stock"); and (ii) 750,000 shares of the Company's common stock, $0.0001 par value per share ("Common Stock"). As a result of the Voting Agreement, Mr. Syed and Mr. Saeed share voting rights over the Series A Preferred Stock and the 750,000 shares of Common Stock held by the Shareholders. As a result of the voting right, Mr. Syed and Mr. Saeed may be deemed to beneficially own the 750,000 shares of common stock and 82,800 shares of Series A Preferred Stock of the Issuer held by the Shareholders. Except for the limited right to vote such shares pursuant to the Voting Agreement, Mr. Syed has no dispositive control over the shares, nor any pecuniary interest therein. During a 60-day period beginning on March 31, 2026, each holder of Series A Preferred Stock may, at its option, convert its shares of Series A Preferred Stock into that number of shares of Common Stock equal to $100, divided by $2.00 (the "Conversion Price"), subject to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share. Each share of Series A Preferred Stock will automatically convert to Company Common Stock on the earlier of (i) the date that the Company's Common Stock is listed on the Nasdaq Capital Market; Nasdaq Global Market, or NYSE American (an "Uplisting") and (ii) the last day of the optional conversion period, into that number of shares of common stock equal to the Stated Value of such share of Series A Preferred Stock, divided by the applicable conversion price. The applicable conversion price (1) for an Automatic Conversion occurring on the date that the Uplisting is approved, is (a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American, multiplied by (b) 0.80; and (2) for an Automatic Conversion occurring on the last day of the Optional Conversion Period, the greater of (x)(a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American on the date that the Uplisting is approved, multiplied by (b) 0.80; and (y) $2.50, subject in each case to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share. The Series A Preferred Stock has no expiration date.

Key Figures

Direct common stock holdings: 28,445,112 shares Common Stock under Voting Agreement: 750,000 shares Series A Preferred under Voting Agreement: 82,800 shares +4 more

7 metrics

Direct common stock holdings 28,445,112 shares Common Stock held directly after reported transactions

Common Stock under Voting Agreement 750,000 shares Common Stock issued to shareholders with shared voting rights

Series A Preferred under Voting Agreement 82,800 shares Series A Convertible Preferred Stock issued to shareholders

Underlying common for Series A 4,190,000 shares Underlying Common Stock for 82,800 Series A Preferred shares

Optional conversion period start March 31, 2026 Start of 60-day optional conversion window for Series A Preferred

Series A stated value $100 Amount used in conversion formula for each Series A share

Initial conversion price $2.00 Conversion Price used in optional Series A conversion formula

Key Terms

Voting Agreement, Series A Convertible Preferred Stock, irrevocable proxy, optional conversion period, +2 more

6 terms

Voting Agreement financial

"entered into a Voting Agreement, with the Issuer, Syed Babar Ali and Muhammad Azhar Saeed"

Series A Convertible Preferred Stock financial

"82,800 shares of newly designated shares of Series A Convertible Preferred Stock of the Company"

Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.

irrevocable proxy financial

"appointed the Majority Shareholders with a power of attorney and irrevocable proxy to vote all Issuer securities"

An irrevocable proxy is a legal authorization in which a shareholder gives another person or entity the permanent right to vote their shares and cannot later take that voting permission back. It matters to investors because it locks who controls voting power on key issues—like board elections, mergers, or major policy changes—so it can change corporate control and influence the value or direction of an investment much like handing someone an unchangeable voting card.

optional conversion period financial

"During a 60-day period beginning on March 31, 2026, each holder of Series A Preferred Stock may, at its option, convert"

Automatic Conversion financial

"Each share of Series A Preferred Stock will automatically convert to Company Common Stock on the earlier of"

Uplisting financial

"the date that the Company's Common Stock is listed on the Nasdaq Capital Market; Nasdaq Global Market, or NYSE American (an "Uplisting")"

Uplisting occurs when a company's stock moves from a less regulated, smaller exchange to a more established and widely recognized one. This transition can make the stock more accessible and attractive to a broader range of investors, potentially increasing its value and trading volume. For investors, uplisting often signals growth and stability, which can influence confidence and trading decisions.

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^*

Saeed Muhammad Azhar

(Last) (First) (Middle)

PLOT NO. 112-113, BLOCKS

QUAID-E-AZAM INDUSTRIALESTATE

(Street)

KOT LAKHPAT LAHORE

(City) (State) (Zip)

PAKISTAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
GlobalTech Corp [ GLTK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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 Stock								28,445,112	D
Common Stock	12/15/2025		J(1)		750,000(1)	A	$0.00	750,000	I	See footnote(2)

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	(5)(3)(4)	12/15/2025		J(1)		82,800		(4)(5)(3)	(6)	Common Stock	4,190,000	$0.00	82,800	I	See footnote(2)

Explanation of Responses:

1. On November 25, 2025, Stephen Buck and John Patrick Bywater (collectively, the "Shareholders"), entered into a Voting Agreement, with the Issuer, Syed Babar Ali and Muhammad Azhar Saeed (the "Majority Shareholders"). Pursuant to the Voting Agreement, the Shareholders appointed the Majority Shareholders with a power of attorney and irrevocable proxy to vote all Issuer securities held by the Shareholders from time to time until the earlier of (i) January 1, 2029, (ii) the date that the Shareholders hold no Company securities, or (iii) the date on which the Majority Shareholders have notified the Shareholders that the Voting Agreement has been terminated. On December 15, 2025, the Shareholders were issued: (i) 82,800 shares of newly designated shares of Series A Convertible Preferred Stock of the Company (the "Series A Preferred Stock"); and (ii) 750,000 shares of the Company's common stock, $0.0001 par value per share ("Common Stock").

2. As a result of the Voting Agreement, Mr. Syed and Mr. Saeed share voting rights over the Series A Preferred Stock and the 750,000 shares of Common Stock held by the Shareholders. As a result of the voting right, Mr. Syed and Mr. Saeed may be deemed to beneficially own the 750,000 shares of common stock and 82,800 shares of Series A Preferred Stock of the Issuer held by the Shareholders. Except for the limited right to vote such shares pursuant to the Voting Agreement, Mr. Syed has no dispositive control over the shares, nor any pecuniary interest therein.

3. During a 60-day period beginning on March 31, 2026, each holder of Series A Preferred Stock may, at its option, convert its shares of Series A Preferred Stock into that number of shares of Common Stock equal to $100, divided by $2.00 (the "Conversion Price"), subject to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share.

4. Each share of Series A Preferred Stock will automatically convert to Company Common Stock on the earlier of (i) the date that the Company's Common Stock is listed on the Nasdaq Capital Market; Nasdaq Global Market, or NYSE American (an "Uplisting") and (ii) the last day of the optional conversion period, into that number of shares of common stock equal to the Stated Value of such share of Series A Preferred Stock, divided by the applicable conversion price.

5. The applicable conversion price (1) for an Automatic Conversion occurring on the date that the Uplisting is approved, is (a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American, multiplied by (b) 0.80; and (2) for an Automatic Conversion occurring on the last day of the Optional Conversion Period, the greater of (x)(a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American on the date that the Uplisting is approved, multiplied by (b) 0.80; and (y) $2.50, subject in each case to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share.

6. The Series A Preferred Stock has no expiration date.

	/s/ Muhammad Azhar Saeed	05/08/2026
	** 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)

FAQ

What did GlobalTech Corp (GLTK) disclose about CFO Muhammad Azhar Saeed’s shareholdings?

GlobalTech reported that CFO and more than 10% owner Muhammad Azhar Saeed directly holds 28,445,112 shares of Common Stock. The filing also details shared voting rights over additional securities held by other shareholders under a Voting Agreement.

What is the Voting Agreement described in the GlobalTech (GLTK) Form 4?

The Voting Agreement gives Muhammad Azhar Saeed and Syed Babar Ali power of attorney and an irrevocable proxy to vote all GlobalTech securities held by two shareholders, subject to specific end conditions, effectively granting them shared voting rights over those securities.

How many GlobalTech (GLTK) shares are subject to shared voting rights under the agreement?

Under the Voting Agreement, the shareholders were issued 750,000 shares of Common Stock and 82,800 shares of Series A Convertible Preferred Stock. Saeed and Syed share voting rights over these securities, even though the shares are held by the other shareholders.

What are the key conversion terms of GlobalTech’s Series A Convertible Preferred Stock?

During a 60-day period beginning on March 31, 2026, each Series A Preferred share may be converted into Common Stock at a $100 stated value divided by a $2.00 conversion price, with fractional shares rounded up, subject to adjustments for stock splits and dividends.

When will GlobalTech (GLTK) Series A Preferred Stock convert automatically?

Each Series A Preferred share will automatically convert to Common Stock on the earlier of an Uplisting of GlobalTech’s stock to specified U.S. exchanges or the last day of the optional conversion period, using the applicable conversion price formula set out in the terms.

Does GlobalTech’s Series A Preferred Stock have an expiration date?

The filing states that GlobalTech’s Series A Convertible Preferred Stock has no expiration date. It remains outstanding until converted under either the optional conversion window or the automatic conversion triggers defined in the terms.