Form 3 Filed: USBC Director Declares No Securities Owned
Rhea-AI Filing Summary
Linda Jenkinson filed an Initial Statement on Form 3 reporting her relationship to the issuer as a Director of USBC, Inc. The filing shows the date of event as 08/06/2025 and is signed on 08/15/2025. The form states that no securities are beneficially owned by the reporting person. The filing lists a Reno, NV address for the reporting person and indicates the form was filed by one reporting person.
Positive
- None.
Negative
- No securities are beneficially owned by the reporting director as stated on the Form 3
Insights
TL;DR: A director filed an initial ownership statement that declares no beneficial ownership in the issuer.
This Form 3 is an initial disclosure by a director and therefore completes a basic Section 16 reporting obligation. The filing records the director's address and relationship to the issuer and explicitly states that no securities are beneficially owned. From a governance perspective, the form documents that the director does not currently hold equity, which is a material fact about alignment between management/board and shareholders.
TL;DR: Initial Section 16 filing shows no direct or indirect holdings; this is a neutral disclosure for investors.
For investors and compliance monitoring, the key datapoints are the issuer (USBC, Inc.), reporting role (Director), date of event (08/06/2025), and the explicit statement that no securities are beneficially owned. The filing does not disclose any transactions, derivative positions, or ownership percentages that would affect share count or insider alignment.