PCS Edventures director receives 1,667-share stock grant
Rhea-AI Filing Summary
Iddings Sean Patrick reported acquisition or exercise transactions in this Form 4 filing.
PCS Edventures!, Inc. director Sean Patrick Iddings reported routine equity compensation and updated his indirect holdings. He received a grant of 1,667 shares of common stock at $1.578 per share as compensation for his Board service for the quarter ended June 30, 2026. These shares are classified as “restricted securities” under SEC Rule 144 and bring his directly held common stock position to 56,665 shares. The filing also reflects 75,882 shares held indirectly through his spouse and 71,666 shares in an account owned by his brother-in-law, where he has investment discretion but no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,667 shares
Net Buy
3 txns
Insider
Iddings Sean Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,667 | $1.578 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,665 shares (Direct);
Common Stock — 75,882 shares (Indirect, By Spouse);
Common Stock — 71,666 shares (Indirect, By account managed for Brother-In-Law (no pecuniar y interest))
Footnotes (2)
- F1. These 1,667 shares are compensation for Mr. Iddings service as a member of the Board of Directors for the quarter ended June 30, 2026. These shares are "restricted securities" as defined in the United States Securities and Exchange Commission Rule 144.
- F2. These securities are held in an account owned by the reporting person's brother-in-law. The reporting person has investment discretion over the account but does not have any pecuniary interest in the securities.
Key Figures
Equity compensation grant: 1,667 shares
Grant value per share: $1.578/share
Direct holdings after grant: 56,665 shares
+2 more
5 metrics
Equity compensation grant
1,667 shares
Common stock grant for Board service, quarter ended June 30, 2026
Grant value per share
$1.578/share
Price used for 1,667-share compensation award
Direct holdings after grant
56,665 shares
Common stock directly owned by Sean Iddings following transaction
Spouse indirect holdings
75,882 shares
Common stock held by spouse, attributed as indirect ownership
Brother-in-law account holdings
71,666 shares
Account owned by brother-in-law; Iddings has discretion, no pecuniary interest
Key Terms
restricted securities, Rule 144, pecuniary interest, indirect, +1 more
5 terms
restricted securities financial
"These shares are "restricted securities" as defined in the United States Securities and Exchange Commission Rule 144."
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
Rule 144 regulatory
"These shares are "restricted securities" as defined in the United States Securities and Exchange Commission Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
pecuniary interest financial
"The reporting person has investment discretion over the account but does not have any pecuniary interest in the securities."
indirect financial
"direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did PCS Edventures (PCSV) director Sean Iddings report?
Sean Iddings reported receiving 1,667 PCS Edventures shares as equity compensation. The grant is for his service on the Board for the quarter ended June 30, 2026 and is classified as restricted stock under SEC Rule 144, limiting resales until certain conditions are met.
Is the PCS Edventures (PCSV) Form 4 for Sean Iddings an open-market purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. The 1,667 shares were awarded as equity compensation for Board service, coded as an acquisition (A) representing a grant or award, rather than a voluntary market transaction at prevailing prices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
