Reverse split cuts PCS Edventures (PCSV) CEO share count 12-fold
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
Net Seller: 4,622,116 shares
Net Sell
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)
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. Hackett held 55,465,380 shares of the Company's common stock. After the reverse split, Mr. Hackett held 4,622,116 shares of post reverse split common stock.
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 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.