Reverse split cuts PCS Edventures (PCSV) CEO share count 12-fold
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
PCS Edventures!, Inc. CEO Todd Raymond Hackett reported an administrative change in his holdings following a 1-for-12 reverse stock split. The filing shows a non-market "other" transaction code reflecting this restructuring.
Prior to the reverse split, Mr. Hackett held 55,465,380 shares of common stock. After the split and rounding up of fractional shares, he holds 4,622,116 shares of post–reverse-split common stock at a reported reference value of $1.80 per share, with no open-market buying or selling indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HACKETT TODD RAYMOND
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4,622,116 | $1.80 | $8.32M |
Holdings After Transaction:
Common Stock — 4,622,116 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Post-split CEO holdings: 4,622,116 shares
Pre-split CEO holdings: 55,465,380 shares
Reverse split ratio: 1-for-12
+2 more
5 metrics
Post-split CEO holdings
4,622,116 shares
Common Stock held directly after reverse split on May 4, 2026
Pre-split CEO holdings
55,465,380 shares
Common Stock prior to 1-for-12 reverse stock split
Reverse split ratio
1-for-12
Reverse stock split effective May 4, 2026, with fractional shares rounded up
Reference price per share
$1.80/share
Reported transaction price for 4,622,116 shares of Common Stock
Restructuring shares
4,622,116 shares
Shares affected by transaction code J (other transaction) on May 4, 2026
Key Terms
reverse stock split, fractional shares, Common Stock, transaction code J
4 terms
reverse stock split financial
"On May 4, 2026, PCS Edventures (PCSV) began trading post its 1 for 12 reverse stock split"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
Common Stock financial
"Prior to the reverse split, Mr. Hackett held 55,465,380 shares of the Company's 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.
transaction code J financial
"transaction_code": "J" ... "transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did PCS Edventures (PCSV) report for its CEO?
PCS Edventures reported an administrative insider transaction for CEO Todd Raymond Hackett. A Form 4/A shows his holdings adjusted for a 1-for-12 reverse stock split, without any open-market buying or selling of common stock.