Lewis Family Trust tied to Intellicheck (IDN) sells 10,000 shares in plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intellicheck, Inc. insider reporting shows The Lewis Family Revocable Living Trust completed an open-market sale of 10,000 shares of Intellicheck common stock at an average price of $7.9503 per share. Following this planned transaction, the trust continues to hold 60,000 Intellicheck shares indirectly attributable to CEO and President Lewis Bryan.
The footnote explains that the sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the trust, with a specified selling window from April 6, 2026 through July 31, 2026. Mr. Lewis disclaims beneficial ownership of these trust-held shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($79,503)
Net Sell
1 txn
Insider
Lewis Bryan
Role
CEO/President
Sold
10,000 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.001 par value | 10,000 | $7.9503 | $80K |
Holdings After Transaction:
Common Stock, $.001 par value — 60,000 shares (Indirect, The Lewis Family Revocable Living Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Sale price: $7.9503 per share
Shares held after transaction: 60,000 shares
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale on April 13, 2026
Sale price
$7.9503 per share
Average price for Intellicheck common stock sold
Shares held after transaction
60,000 shares
Indirect holdings in The Lewis Family Revocable Living Trust
Transaction code
S
Sale in open market or private transaction
Trading plan dates
04/06/2026 to 07/31/2026
Selling window under Rule 10b5-1 plan
Plan adoption date
12/17/2025
Adoption date of Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, Revocable Living Trust, open-market sale, beneficial ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Lewis Family Revocable Living Trust"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Revocable Living Trust financial
"These shares are owned by The Lewis Family Revocable Living Trust."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership regulatory
"Mr. Lewis disclaims beneficial ownership of these shares other than to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
""direct_or_indirect": "I""
FAQ
What insider transaction did Intellicheck (IDN) report for Lewis Bryan?
Intellicheck reported that The Lewis Family Revocable Living Trust, associated with CEO Lewis Bryan, sold 10,000 shares of common stock at $7.9503 per share. The sale was an open-market transaction and the trust still holds 60,000 Intellicheck shares after the transaction.
Was the Intellicheck (IDN) insider sale by the Lewis Family Trust pre-planned?
Yes. The filing states the sale was made under a Rule 10b5-1 trading plan adopted by The Lewis Family Revocable Living Trust. The plan was adopted on December 17, 2025, with a selling window running from April 6, 2026 through July 31, 2026.
Who is the reporting person in the Intellicheck (IDN) Form 4 and what is their role?
The reporting person is Lewis Bryan, who serves as Intellicheck’s CEO and President as well as a director. The shares involved are held by The Lewis Family Revocable Living Trust, and the filing characterizes Bryan’s ownership as indirect through this trust structure.