Hub Cyber Security (HUBC) amendment: Louis Porcello holds 130,500 shares (10.2%)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Hub Cyber Security Ltd. reports an amendment to a Schedule 13G showing 130,500 ordinary shares beneficially owned by Louis Porcello, representing 10.2% of the class as of 06/02/2026. The filing states Mr. Porcello has sole voting and dispositive power over these shares.
Positive
- None.
Negative
- None.
Insights
Passive >10% holding disclosed with sole control over shares.
This amendment records a reported beneficial ownership of 130,500 shares (10.2%) by Louis Porcello as of 06/02/2026. The filing lists sole voting and sole dispositive power for the full position.
Such a >10% passive stake can affect disclosure obligations and potential future Schedule 13D activity; timing and intent are not stated in the excerpt.
Key Figures
Beneficially owned: 130,500 shares
Percent of class: 10.2%
Filing date: 06/02/2026
+1 more
4 metrics
Beneficially owned
130,500 shares
Amount beneficially owned as reported
Percent of class
10.2%
Percent of ordinary shares as reported
Filing date
06/02/2026
Date on signature line of amendment
CUSIP
M6000J184
Identifier for the ordinary shares class
Key Terms
Schedule 13G/A, Beneficially owned, Sole dispositive power
3 terms
Schedule 13G/A regulatory
"Amendment to a Schedule 13G showing beneficial ownership position"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned financial
"Amount beneficially owned: 130500"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 130500"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What did HUBC disclose about Louis Porcello's ownership?
Mr. Porcello beneficially owns 130,500 ordinary shares, representing 10.2% of the class. The amendment reports he holds sole voting and dispositive power over those shares and is identified on the Schedule 13G/A filed on 06/02/2026.
Does this amendment indicate active or passive ownership for HUBC?
The filing is an amended Schedule 13G, which typically indicates passive ownership rather than an activist stake. The excerpt does not state intent or plans to change that passive characterization.
How large is the reported stake in HUBC relative to the class?
The reported stake is 130,500 shares, equal to 10.2% of the ordinary shares outstanding. The filing ties the percentage to the same 130,500-share figure as of 06/02/2026.
Does the Schedule 13G/A disclose trading or transaction details?
No trading details are provided in the excerpt; it lists a beneficial ownership position. The amendment does not describe purchases, sales, or the timing of acquisitions in the provided text.