Interim CEO-linked entity adds RMCF shares in Rocky Mountain Chocolate (RMCF) buy

Rhea-AI Filing Summary

Rocky Mountain Chocolate Factory’s interim CEO and director Jeffrey R. Geygan reported an indirect purchase of company stock through an affiliated investment manager. On January 16, 2026, Global Value Investment Corporation, which he controls, bought 11,300 shares of common stock at a weighted average price of $1.9781 per share, recorded as an indirect holding. Following this transaction, accounts managed by Global Value Investment Corporation held 1,792,478 shares, while Geygan also held 185,041 shares directly. Footnotes state he may be deemed to beneficially own the indirectly held shares through his control of the manager, but he disclaims beneficial ownership except to the extent of any pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GEYGAN JEFFREY RICHART

(Last) (First) (Middle)

1433 N. WATER STREET

SUITE 400

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rocky Mountain Chocolate Factory, Inc. [ RMCF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/16/2026		P		11,300	A	$1.9781(1)	1,792,478	I	By Global Value Investment Corporation(2)(3)
Common Stock								185,041	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

2. These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

3. The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	Jeffrey R. Geygan	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Rocky Mountain Chocolate Factory (RMCF) shares were purchased in the latest insider transaction?

The filing reports a purchase of 11,300 shares of Rocky Mountain Chocolate Factory common stock on January 16, 2026 at a weighted average price of $1.9781 per share, recorded as an indirect ownership position.

Who made the recent RMCF share purchase reported in the Form 4?

The shares were acquired by Global Value Investment Corporation, an entity controlled by interim CEO and director Jeffrey R. Geygan. The position is reported as indirect ownership, with explanatory footnotes describing his control of the investment manager.

What is Jeffrey R. Geygan’s reported indirect ownership in RMCF after the transaction?

After the reported purchase, accounts managed by Global Value Investment Corporation held 1,792,478 shares of RMCF common stock, reported as indirectly owned in the Form 4.

What is Jeffrey R. Geygan’s direct ownership in Rocky Mountain Chocolate Factory?

Separate from the indirect holdings, the Form 4 shows 185,041 shares of RMCF common stock as directly owned by Jeffrey R. Geygan following the reported transaction.

Does the RMCF interim CEO fully admit beneficial ownership of all indirectly held shares?

The footnotes state that Jeffrey R. Geygan may be deemed to beneficially own the shares held through Global Value Investment Corporation due to his control of it, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

What does the weighted average purchase price in the RMCF Form 4 mean?

The Form 4 notes that the $1.9781 per share figure represents a weighted average purchase price, and that full details of each separate purchase price are available upon request from the reporting person, the issuer, or a security holder.