Hawkeye Systems (HWKE) director sells 1.2M shares in open-market trade
Rhea-AI Filing Summary
Hawkeye Systems director and 10% owner Marshall Corby reported a major open-market sale of common stock. On June 2, 2026, he sold 1,200,000 shares of Hawkeye Systems, Inc. common stock at $0.15 per share, an open-market or private transaction. After this sale, he directly holds 2,794,675 common shares.
The filing also reports an earlier compensation-related event. On October 1, 2025, Corby acquired 500,000 common shares as a grant or award at a reported price of $0.10 per share, increasing his holdings at that time. A footnote explains that the current Form 4 corrects the number of securities beneficially owned before the June 2, 2026 transaction that had been shown in the preceding Form 4.
Positive
- None.
Negative
- None.
Insights
Form 4 shows a large net sale, but the insider still holds a sizable stake.
The filing highlights an open-market sale by director and 10% owner Marshall Corby of 1,200,000 shares of Hawkeye Systems, Inc. common stock at $0.15 per share. This is a strong-signal transaction because it is an active open-market disposition rather than a mechanical tax or award entry.
After the sale, Corby continues to hold 2,794,675 shares directly, so the trade reduces but does not eliminate his equity exposure. The filing also records a prior grant/award acquisition of 500,000 shares at $0.10 per share on October 1, 2025 and notes a correction to previously reported beneficial ownership, emphasizing accurate share counts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200,000 | $0.15 | $180K |
| Grant/Award | Common Stock | 500,000 | $0.10 | $50K |
Footnotes (1)
- F1. This number corrects the number of securities beneficially owned prior to the June 2, 2026 transaction, previously reported in the Reporting Person's Form 4 preceding this form here.
Key Figures
Key Terms
open-market sale financial
grant/award acquisition financial
beneficially owned financial
10% owner financial
AI-generated analysis. How Rhea-AI works. Not financial advice.