Global-Smart.Tech (GSMT) CEO surrenders 3M shares for cancellation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global-Smart.Tech Inc. director and CEO Rodin Yehor reported an internal share restructuring. On June 12, 2026, he voluntarily surrendered 3,000,000 shares of Common Stock to the company for cancellation at $0.00 per share, meaning he received no consideration. After this cancellation, he directly holds 2,000,000 Common Stock shares. This was a non-market transaction and did not involve any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rodin Yehor
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 3,000,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,000,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares surrendered: 3,000,000 shares
Cancellation price: $0.00 per share
Shares held after transaction: 2,000,000 shares
3 metrics
Shares surrendered
3,000,000 shares
Voluntarily surrendered for cancellation on June 12, 2026
Cancellation price
$0.00 per share
No consideration received for canceled shares
Shares held after transaction
2,000,000 shares
Direct Common Stock holdings following the Form 4 transaction
Key Terms
voluntarily surrendered, cancellation, no consideration, Common Stock, +1 more
5 terms
voluntarily surrendered financial
"Represents shares of Common Stock voluntarily surrendered by the reporting person"
cancellation financial
"surrendered by the reporting person to the issuer for cancellation for no consideration"
no consideration financial
"for cancellation for no consideration ($0.00) on June 12, 2026"
Common Stock financial
"Represents shares of Common Stock voluntarily surrendered by the reporting person"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
FAQ
What insider transaction did Global-Smart.Tech (GSMT) report for Rodin Yehor?
Global-Smart.Tech reported that CEO and director Rodin Yehor voluntarily surrendered 3,000,000 Common Stock shares to the company for cancellation. The transaction was recorded at $0.00 per share, meaning he received no cash or other consideration.
Was the Global-Smart.Tech (GSMT) CEO’s Form 4 a market sale or purchase?
The Form 4 does not report a market sale or purchase. Instead, it shows an “other” transaction where the CEO voluntarily surrendered 3,000,000 shares to the issuer for cancellation, receiving no consideration for the canceled shares.