[Form 3] REED'S, INC. Initial Statement of Beneficial Ownership
Tu Michael Carl, a director of REED'S, INC. (REED), filed an Initial Statement of Beneficial Ownership (Form 3) relating to an event dated 09/15/2025. The filing states that the reporting person does not beneficially own any securities of the issuer. The document was submitted by an attorney-in-fact and includes Exhibit 24 (Power of Attorney). No derivative or non-derivative holdings are reported.
- None.
- None.
Insights
TL;DR: Director filed a Form 3 and reports no beneficial ownership; procedural disclosure with limited governance impact.
The filing documents a routine initial Section 16 disclosure by a director, declaring no direct or indirect beneficial ownership. From a governance perspective this is primarily administrative: it verifies compliance with reporting rules and attaches a Power of Attorney for filing. Because no securities are reported, there is no immediate alignment signal between management ownership and shareholder interests evident in this filing.
TL;DR: Form 3 reports zero holdings, so there is no immediate market-relevant position disclosed by the director.
As a securities disclosure, this Form 3 provides no evidence of trading, option grants, or ownership that would affect share supply or insider sentiment. The presence of an attorney-in-fact signature and Exhibit 24 indicates procedural support for timely filing. Absent holdings or derivative positions, the document is informational and unlikely to move investor valuations.