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Reverse split cuts PCS Edventures (PCSV) CEO share count 12-fold

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
fractional shares financial
"reverse stock split, where fractional shares were rounded up to the nearest whole share"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
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""
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*
HACKETT TODD RAYMOND

(Last)(First)(Middle)
941 S INDUSTRY WAY

(Street)
MERIDIAN IDAHO 83642

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PCS Edventures!, Inc. [ PCSV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
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)
12/02/2023
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
Common Stock05/04/2026J(1)4,622,116D(1)$1.84,622,116D
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. 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.
/s/ Todd R. Hackett05/05/2026
** 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)

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.

How many PCS Edventures (PCSV) shares does the CEO hold after the reverse split?

After the 1-for-12 reverse stock split, CEO Todd Raymond Hackett holds 4,622,116 shares of PCS Edventures common stock. The filing shows this as his total direct ownership following the restructuring transaction dated May 4, 2026.

What was Todd Hackett’s PCS Edventures (PCSV) share count before the reverse split?

Before the reverse stock split, CEO Todd Raymond Hackett held 55,465,380 shares of PCS Edventures common stock. The 1-for-12 reverse split reduced this to 4,622,116 shares, with fractional shares rounded up to the nearest whole share.

Did the PCS Edventures (PCSV) CEO buy or sell shares in this Form 4/A?

The Form 4/A does not show a buy or sell by the PCS Edventures CEO. It reports an "other" transaction (code J) tied to the 1-for-12 reverse stock split, adjusting his share count without recording open-market trades.

What was the reference price per share in the PCS Edventures (PCSV) CEO transaction?

The filing lists a reference transaction price of $1.80 per share for the CEO’s common stock position. This value is associated with the reported 4,622,116 shares after the reverse split rather than a new market purchase or sale.