PCS Edventures director granted stock awards
Rhea-AI Filing Summary
Iddings Sean Patrick reported acquisition or exercise transactions in this Form 4 filing.
PCS Edventures!, Inc. director Sean Patrick Iddings received stock-based compensation in the form of common shares. On March 31, 2026, he was awarded 20,000 shares of common stock at $0.136 per share as compensation for serving on the Board for the quarter ended March 31, 2026. On March 30, 2026, he received an additional 24,400 shares at $0.129 per share. After these awards, he directly owns 660,000 shares of common stock. The filing also notes indirect holdings of 910,600 shares held by his spouse and 860,000 shares in an account owned by his brother-in-law, where he has investment discretion but no pecuniary interest. The 20,000-share award is characterized as “restricted securities” under SEC Rule 144.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 44,400 shares
Net Buy
4 txns
Insider
Iddings Sean Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.136 | $3K |
| Grant/Award | Common Stock | 24,400 | $0.129 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 660,000 shares (Direct);
Common Stock — 910,600 shares (Indirect, By Spouse);
Common Stock — 860,000 shares (Indirect, By account managed for Brother-In-Law (no pecuniary interest))
Footnotes (2)
- F1. These 20,000 shares are compensation for Mr. Iddings service as a member of the Board of Directors for the quarter ended March 31, 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
Stock grant 1: 20,000 shares at $0.136
Stock grant 2: 24,400 shares at $0.129
Direct holdings: 660,000 shares
+2 more
5 metrics
Stock grant 1
20,000 shares at $0.136
Board compensation for quarter ended March 31, 2026
Stock grant 2
24,400 shares at $0.129
Grant on March 30, 2026
Direct holdings
660,000 shares
Shares of common stock directly owned after transactions
Spouse indirect holdings
910,600 shares
Common stock held by spouse
Brother-in-law account
860,000 shares
Account owned by brother-in-law; no pecuniary interest
Key Terms
restricted securities, Rule 144, pecuniary interest, grant, award, or other acquisition
4 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
"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."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did PCS Edventures (PCSV) disclose for Sean Patrick Iddings?
PCS Edventures disclosed two stock awards to director Sean Patrick Iddings: 20,000 common shares at $0.136 on March 31, 2026, and 24,400 shares at $0.129 on March 30, 2026, both classified as acquisition-type grants, not open-market purchases.
Were the PCS Edventures (PCSV) insider transactions open-market buys or compensation grants?
The PCS Edventures transactions were compensation-related grants, not open-market buys. Both entries use code A for grant, award, or other acquisition, reflecting stock-based compensation for Iddings’ Board service rather than discretionary market purchases of common stock.
How are indirect PCS Edventures (PCSV) holdings reported for Sean Patrick Iddings?
Indirect PCS Edventures holdings include shares owned by Iddings’ spouse and an account owned by his brother-in-law. The filing states he has investment discretion over the brother-in-law’s account but no pecuniary interest, clarifying his economic exposure differs from direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
