STOCK TITAN

Form 4/A: Giftify CFO Reports Open-Market Purchases of 1,401 Shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Insider purchases in Giftify, Inc. The amendment to Form 4 shows Steve Handy, the company's Chief Financial Officer, acquired a total of 1,401 shares of Giftify common stock in open-market transactions at an average price of $1.055 per share. The reported transactions include purchases recorded with trade dates of August 15, 2025 (1,281 shares at $1.05) and August 18, 2025 (120 shares at $1.06). Following these purchases, the filing reports beneficial ownership of approximately 218,200 shares. The Form 4/A is signed by Mr. Handy on August 20, 2025, and notes the shares were acquired in the open market.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine small open-market insider purchases; limited material impact on valuation.

The CFO purchased 1,401 shares at an average price of $1.055, increasing reported beneficial ownership to about 218,200 shares. These open-market acquisitions are modest in size relative to typical company market caps and appear to be personal purchases rather than part of a scheduled 10b5-1 plan (no plan box checked). For investors, the transactions signal some insider buying interest but do not constitute a material change to share count or control. No convertible or derivative securities were reported.

TL;DR: Filing is a standard amended disclosure of insider trading with clear open-market purchase details.

The Form 4/A properly discloses the CFO's purchases, includes transaction codes and prices, and is signed. The amendment updates earlier reporting and supplies an explanatory remark that 1,401 shares were acquired in the open market at an average price of $1.055. From a governance perspective, the filing meets disclosure obligations and contains no indication of related-party transactions, transfers, or derivative activity that would raise immediate governance concerns.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Handy Steve

(Last) (First) (Middle)
1100 WOODFIELD ROAD,
SUITE 510

(Street)
SCHAUMBURG IL 60173

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GIFTIFY, INC. [ GIFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/03/2024
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 08/15/2025 P 1,281 A $1.05 218,080 D
Common Stock 08/18/2025 P 120 A $1.06 218,200 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:
Remarks:
The 1,401 shares of common stock were acquired in the open market at an average price of $1.055 per share.
/s/ Steve Handy 08/20/2025
** 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

What insider transactions does the Form 4/A report for Giftify (GIFT)?

The CFO, Steve Handy, purchased 1,401 shares of common stock in the open market at an average price of $1.055 per share, on trade dates 08/15/2025 and 08/18/2025.

How many shares does Steve Handy beneficially own after the reported purchases?

The filing reports approximately 218,200 shares beneficially owned following the transactions.

Were the shares purchased under a 10b5-1 plan according to the filing?

No box is indicated in the provided content to show the transactions were made pursuant to a 10b5-1 plan; the filing notes the shares were acquired in the open market.

What prices were paid for the Giftify shares in these transactions?

The reported prices were $1.05 for the 1,281-share purchase on 08/15/2025 and $1.06 for the 120-share purchase on 08/18/2025, averaging $1.055 per share.

When was the amended Form 4 signed?

The Form 4/A is signed by Steve Handy on 08/20/2025.
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