STOCK TITAN

Locafy issues 13,216 shares to settle director fees

The shares were issued instead of cash payment, following approval by Locafy’s board.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

John Joseph Chegwidden reported acquisition or exercise transactions in this Form 4 filing. Locafy Ltd issued 13,216 ordinary shares on September 24, 2026, in settlement of accrued and unpaid director fees owed to director John Joseph Chegwidden. The shares are held of record by Ausnom Pty Ltd as trustee for the J & K Chegs Share Trust, at a deemed issue price of $2.43 per share. The reported indirect holding following the transaction was 31,124 shares.

Insider Chegwidden John Joseph
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares F1, F2 13,216 $2.43 $32K
Holdings After Transaction: Ordinary Shares — 31,124 shares (Indirect, See Footnote)
Footnotes (2)
  1. F1. Represents ordinary shares issued by the Issuer to the Reporting Person in settlement of accrued and unpaid director fees, at a deemed issue price of $2.43 per share in lieu of cash payment. The issuance was approved by the Issuer's board of directors.
  2. F2. Represents ordinary shares held of record by Ausnom Pty Ltd as trustee for the J & K Chegs Share Trust.
Ordinary shares issued 13,216 shares September 24, 2026; settlement of accrued and unpaid director fees
Deemed issue price $2.43 per share Shares issued in lieu of cash payment
Reported indirect holding 31,124 shares Following the transaction
deemed issue price financial
"at a deemed issue price of $2.43 per share"
The deemed issue price is the notional price assigned to shares or securities when they are issued, allotted, or converted in ways that don’t involve a straightforward market sale—such as employee stock options, bonus issues, or preferential allotments. Investors care because it determines taxable value and how much dilution or economic benefit is actually being transferred, much like the sticker price used to calculate tax when you receive a heavily discounted item instead of paying cash.
accrued and unpaid director fees financial
"settlement of accrued and unpaid director fees"
held of record technical
"held of record by Ausnom Pty Ltd"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LCFY shares were issued for director fees, and at what price?

Locafy issued 13,216 ordinary shares at a deemed issue price of $2.43 per share in settlement of accrued and unpaid director fees owed to John Joseph Chegwidden.

Who holds the LCFY shares of record?

The shares are held of record by Ausnom Pty Ltd as trustee for the J & K Chegs Share Trust.

Did Locafy’s board approve the share issuance?

Yes. The issuance was approved by Locafy’s board of directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chegwidden John Joseph

(Last)(First)(Middle)
246 CHURCHILL AVENUE

(Street)
SUBIACO WA6008

(City)(State)(Zip)

AUSTRALIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Locafy Ltd [ LCFY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares09/24/2026A13,216(1)A$2.4331,124ISee Footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents ordinary shares issued by the Issuer to the Reporting Person in settlement of accrued and unpaid director fees, at a deemed issue price of $2.43 per share in lieu of cash payment. The issuance was approved by the Issuer's board of directors.
2. Represents ordinary shares held of record by Ausnom Pty Ltd as trustee for the J & K Chegs Share Trust.
/s/ John Chegwidden10/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading