PSQ Holdings (PSQH) director builds stake via Fountain Ripple entities
Rhea-AI Filing Summary
PSQ Holdings, Inc. (PSQH) director Pilot Davis III reported an acquisition of 236,111 shares of Class A common stock on August 13, 2026 at $3.60 per share. These shares are held indirectly through Fountain Ripple V, LLC, for which he is the sole manager and disclaims beneficial ownership except for his pecuniary interest. He also reports indirect post-transaction holdings through Fountain Ripple, LLC, Fountain Ripple II, LLC, and Fountain Ripple III, LLC, plus 272,514 directly held shares, a portion of which are restricted stock units under PSQ Holdings’ Amended and Restated 2023 Stock Incentive Plan.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 236,111 shares
Net Buy
5 txns
Insider
Pilot Davis III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.0001 per share F1 | 236,111 | $3.60 | $850K |
| holding | Class A Common Stock, par value $0.0001 per share F1 | -- | -- | -- |
| holding | Class A Common Stock, par value $0.0001 per share F1 | -- | -- | -- |
| holding | Class A Common Stock, par value $0.0001 per share F1 | -- | -- | -- |
| holding | Class A Common Stock, par value $0.0001 per share F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 236,111 shares (Indirect, By Fountain Ripple V, LLC);
Class A Common Stock, par value $0.0001 per share — 292,153 shares (Indirect, By Fountain Ripple, LLC);
Class A Common Stock, par value $0.0001 per share — 1,377,969 shares (Indirect, By Fountain Ripple II, LLC);
Class A Common Stock, par value $0.0001 per share — 511,190 shares (Indirect, By Fountain Ripple III, LLC);
Class A Common Stock, par value $0.0001 per share — 272,514 shares (Direct)
Footnotes (2)
- F1. The reporting person is the sole manager of the limited liability company. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- F2. Certain of the securities reported in Column 5 of Table I are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share, subject to the applicable vesting schedule and conditions of the applicable RSU award and the issuer's Amended and Restated 2023 Stock Incentive Plan.
Key Figures
Shares acquired: 236,111 shares
Acquisition price: $3.60 per share
Indirect holdings - Fountain Ripple, LLC: 292,153 shares
+3 more
6 metrics
Shares acquired
236,111 shares
Grant/award of PSQH Class A common stock on August 13, 2026 via Fountain Ripple V, LLC
Acquisition price
$3.60 per share
Price for 236,111 PSQH Class A shares acquired on August 13, 2026
Indirect holdings - Fountain Ripple, LLC
292,153 shares
Indirect PSQH Class A common stock position reported after transaction
Indirect holdings - Fountain Ripple II, LLC
1,377,969 shares
Indirect PSQH Class A common stock position reported after transaction
Indirect holdings - Fountain Ripple III, LLC
511,190 shares
Indirect PSQH Class A common stock position reported after transaction
Direct holdings
272,514 shares
Direct PSQH Class A common stock holdings after transaction, including certain RSUs
Key Terms
restricted stock units ("RSUs"), pecuniary interest, Amended and Restated 2023 Stock Incentive Plan
3 terms
restricted stock units ("RSUs") financial
"Certain of the securities reported in Column 5 of Table I are restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein."
Amended and Restated 2023 Stock Incentive Plan financial
"subject to the applicable vesting schedule and conditions of the applicable RSU award and the issuer's Amended and Restated 2023 Stock Incentive Plan."
FAQ
What transaction did Pilot Davis III report in his Form 4 for PSQH?
Pilot Davis III reported an acquisition of 236,111 shares of PSQH Class A common stock at $3.60 per share on August 13, 2026. The shares are held indirectly through Fountain Ripple V, LLC, where he is the sole manager.
What other indirect holdings in PSQH does Pilot Davis III report?
Pilot Davis III reports indirect holdings of 292,153 shares via Fountain Ripple, LLC, 1,377,969 shares via Fountain Ripple II, LLC, and 511,190 shares via Fountain Ripple III, LLC. Each position represents additional indirect ownership interests in PSQ Holdings, Inc.
Was the PSQH Form 4 transaction by Pilot Davis III under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning the filing does not state that the August 13, 2026 acquisition was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
