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Reliability Incorporated (RLBY) CFO Mark Speck discloses 7.01% equity stake

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Reliability Incorporated’s Chief Financial Officer, Mark Speck, filed a Schedule 13D reporting a significant personal stake in the company. He beneficially owns 3,276,052 shares of common stock, representing about 7.01% of the outstanding shares.

Speck holds sole voting and dispositive power over 3,014,882 shares and shared voting and dispositive power over 261,170 shares through Hawkeye Enterprises, an entity he controls. The stake was accumulated via equity transferred from prior owners of The Maslow Media Group, Inc. around the issuer’s reverse merger and equity received in a convertible note financing, with no borrowed funds used.

The shares are held for investment and strategic purposes. In his officer role, Speck may discuss strategic alternatives with management and the board, including capital raising, potential business combinations, and operational initiatives, and he may increase or reduce his holdings depending on market conditions.

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Insights

CFO discloses a 7.01% stake, signaling aligned but potentially influential ownership.

The filing shows Mark Speck, CFO of Reliability Incorporated, beneficially owns 3,276,052 common shares, or 7.01% of the company. This combines shares he directly controls with those held through Hawkeye Enterprises, an entity he controls with shared power.

The stake was built through equity received from prior owners of The Maslow Media Group, Inc. tied to a reverse merger and a convertible note financing, with no borrowed funds involved. The filing states the position is for investment and strategic purposes and notes he may discuss capital raising, combinations, and operational initiatives in his officer capacity.

While this does not announce specific plans, it formalizes a sizable insider ownership block that could influence future strategic decisions. Any future changes in his holdings or formal proposals would likely appear in subsequent company disclosures or ownership updates.

Beneficial ownership 3,276,052 shares Total common shares beneficially owned by Mark Speck
Ownership percentage 7.01% Percent of outstanding common stock represented by Speck’s holdings
Sole voting and dispositive power 3,014,882 shares Shares over which Speck has sole voting and dispositive power
Shared voting and dispositive power 261,170 shares Shares held by Hawkeye Enterprises with shared power controlled by Speck
Schedule 13D regulatory
"The Reporting Person is filing this promptly upon obtaining the necessary EDGAR access credentials."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owns financial
"Mark Speck beneficially owns 3,276,052 shares of Common Stock, representing approximately 7.01% of the Issuer's outstanding Common Stock."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
sole voting and dispositive power financial
"Mark Speck has sole voting and dispositive power over 3,014,882 shares and shared voting and dispositive power over 261,170 shares"
reverse merger financial
"transfers of equity interests from prior owners of The Maslow Media Group, Inc. in connection with transactions preceding the Issuer's reverse merger"
A reverse merger is when a private company becomes publicly traded by combining with an already listed public shell company, allowing the private business to gain a stock market listing without going through a traditional IPO. Investors care because this shortcut can be faster and cheaper than an IPO but often comes with less regulatory vetting and market visibility, so it can mean higher uncertainty about valuation, financial transparency, and future liquidity.
convertible note financing financial
"equity consideration received in connection with a convertible note financing involving the Issuer."
A convertible note financing is a loan investors give to a company that is intended to turn into shares later instead of being paid back in cash. Think of it like a bridge loan that comes with a coupon you can swap for ownership at the next funding round, usually at a discounted price or a preset valuation limit. It matters to investors because it lets them support a company early while delaying a precise valuation, but it also affects future ownership percentages and risk exposure when the loan converts into equity.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Mark R. Speck
Signature:/s/ Mark R. Speck
Name/Title:Mark R. Speck, CFO
Date:04/22/2026

FAQ

How many Reliability Incorporated (RLBY) shares does Mark Speck beneficially own?

Mark Speck beneficially owns 3,276,052 shares of Reliability Incorporated common stock, equal to about 7.01% of the outstanding shares. This total includes shares he controls directly and shares held through Hawkeye Enterprises, an entity he controls with shared voting and dispositive power.

What level of control does Mark Speck report over his RLBY shares?

Mark Speck reports sole voting and dispositive power over 3,014,882 shares and shared voting and dispositive power over 261,170 shares. The shared portion is held by Hawkeye Enterprises, an entity he controls, giving him significant influence over how these shares are voted and disposed of.

Why did Mark Speck acquire his Reliability Incorporated (RLBY) stake?

Mark Speck acquired his Reliability stake for investment and strategic purposes. The filing notes he may, as an officer, discuss strategic alternatives such as capital raising, potential business combinations, and operational initiatives with management and the board to help enhance shareholder value.

How did Mark Speck obtain his RLBY shares according to the Schedule 13D?

The filing states Mark Speck obtained his shares through equity transfers from prior owners of The Maslow Media Group, Inc. in transactions preceding a reverse merger and through equity consideration from a convertible note financing involving the issuer. It specifies that no borrowed funds were used.

Does this Schedule 13D for RLBY indicate current activist plans by Mark Speck?

The Schedule 13D says Mark Speck currently has no specific plans or proposals to effect the types of transactions listed in Item 4. However, it notes he may from time to time evaluate strategic alternatives in light of his role, and he may buy or sell more shares depending on conditions.

What percentage of Reliability Incorporated (RLBY) does Mark Speck’s stake represent?

The filing reports that Mark Speck’s beneficial ownership of 3,276,052 common shares represents approximately 7.01% of Reliability Incorporated’s outstanding common stock. This percentage is calculated relative to the issuer’s total outstanding shares as referenced in the Schedule 13D.