PCS Edventures director updates post-split holdings
Rhea-AI Filing Summary
PCS Edventures!, Inc. director Sean Patrick Iddings reported other transactions in company common stock tied to a 1-for-12 reverse stock split. On May 4, 2026, the stock began trading post-split, with fractional shares rounded up to the nearest whole share.
Before the reverse split, he held or controlled 2,430,600 common shares. After the split, his direct ownership became 54,998 shares, and his indirect ownership, including a spouse account and an account managed for his brother-in-law with no pecuniary interest, totaled 147,548 shares. Reported transactions use a reference price of $1.80 per share and are coded as "other acquisition or disposition" rather than open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 202,546 shares
Net Sell
3 txns
Insider
Iddings Sean Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 54,998 | $1.80 | $99K |
| Other | Common Stock | 75,882 | $1.80 | $137K |
| Other | Common Stock | 71,666 | $1.80 | $129K |
Holdings After Transaction:
Common Stock — 54,998 shares (Direct);
Common Stock — 75,882 shares (Indirect, By Spouse);
Common Stock — 71,666 shares (Indirect, By account managed for brother-in-law (no pecuniary interest))
Footnotes (1)
- F1. On May 4, 2026, PCS Edventures (PCSV) began trading post its 1 for 12 reverse stock split, where fractional shares were rounded up to the nearest whole share. Prior to the reverse split, Mr. Iddings held and / or controlled 2,430,600 shares of the Company's common stock. After the reverse split, Mr. Iddings had a direct ownership of 54,998 shares post-reverse split and an indirect ownership of 147,548 shares post-reverse split.
Key Figures
Reverse split ratio: 1-for-12
Pre-split holdings: 2,430,600 shares
Direct holdings post-split: 54,998 shares
+5 more
8 metrics
Reverse split ratio
1-for-12
Reverse stock split effective May 4, 2026
Pre-split holdings
2,430,600 shares
Common stock held or controlled before reverse split
Direct holdings post-split
54,998 shares
Direct ownership after reverse split
Indirect holdings post-split
147,548 shares
Indirect ownership after reverse split
Restructuring shares
202,546 shares
Shares classified as restructuring (code J)
Reported price
$1.80 per share
Reference price for each common stock transaction
Brother-in-law account
71,666 shares
Indirect holdings managed for brother-in-law, no pecuniary interest
Spouse holdings
75,882 shares
Indirect ownership by spouse after reverse split
Key Terms
reverse stock split, Form 4/A, indirect ownership, transaction code "J", +1 more
5 terms
reverse stock split financial
"began trading post its 1 for 12 reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Form 4/A regulatory
"INSIDER FILING DATA (Form 4/A)"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
indirect ownership financial
"an indirect ownership of 147,548 shares post-reverse split"
transaction code "J" regulatory
"transaction_code_description": "Other acquisition or disposition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did PCS Edventures (PCSV) director Sean Patrick Iddings report in this Form 4/A?
He reported "other" transactions in PCS Edventures common stock related to a 1-for-12 reverse stock split. These entries update his direct and indirect holdings rather than showing open-market buying or selling activity.
How did the PCS Edventures (PCSV) reverse stock split affect Sean Iddings’ holdings?
The 1-for-12 reverse stock split reduced his pre-split 2,430,600 shares into a smaller post-split amount. After the split, he held 54,998 shares directly and 147,548 shares indirectly, reflecting the consolidated share count.
What are Sean Iddings’ direct and indirect PCS Edventures (PCSV) holdings after the split?
Post-split, his direct ownership is 54,998 common shares. Indirectly, he is reported with 147,548 shares, including a spouse’s holdings and an account managed for his brother-in-law, where he has no pecuniary interest.
What does transaction code "J" mean in this PCS Edventures (PCSV) Form 4/A?
Transaction code "J" denotes an "other acquisition or disposition" of securities. In this filing, all three common stock entries use code J, indicating restructuring tied to the reverse stock split rather than standard market purchases or sales.
At what reference price were the PCS Edventures (PCSV) transactions reported?
Each reported common stock transaction uses a reference price of $1.80 per share. This price is used for reporting purposes and does not necessarily indicate an open-market trade at that level, since the transactions are coded as "other" restructurings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
