Securetech Innovations (SCTH) CFO amends filing, disposes 100,000 shares to issuer
Rhea-AI Filing Summary
Securetech Innovations, Inc. director and CFO, Treasurer & Secretary Anthony Vang reported a disposition to the issuer of 100,000 shares of common stock on June 24, 2026. The transaction was coded as a "Disposition to issuer" (code D), amending a prior gift code. Following this transaction, Vang directly holds 2,849,070 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
1 txn
Insider
Vang Anthony
Role
CFO, Treasurer & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, $0.001 par value F1 | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.001 par value — 2,849,070 shares (Direct)
Footnotes (1)
- F1. This amendment is to change the original code from "G" to "D".
Key Figures
Shares disposed: 100,000 shares
Price per share: $0.0000
Shares held after transaction: 2,849,070 shares
3 metrics
Shares disposed
100,000 shares
Common stock disposed to issuer on June 24, 2026
Price per share
$0.0000
Reported transaction price per share for the 100,000-share disposition
Shares held after transaction
2,849,070 shares
Directly owned common stock following the disposition to issuer
Key Terms
Disposition to issuer, Form 4/A, par value
3 terms
Disposition to issuer financial
"The transaction code description is "Disposition to issuer" for this event"
Form 4/A regulatory
"This amendment on Form 4/A changes the original transaction code"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
par value financial
"The security is described as Common Stock, $0.001 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did Securetech Innovations (SCTH) report in this Form 4/A?
Securetech Innovations reported that officer and director Anthony Vang disposed of 100,000 shares of common stock on June 24, 2026 in a transaction coded as a disposition to the issuer (D).
What does the amended transaction code mean in Securetech Innovations (SCTH) Form 4/A?
The filing changes the original transaction code from "G" (gift) to "D" (disposition to issuer). This clarifies that the 100,000-share movement was a return or disposition of shares to Securetech Innovations, not a gift transfer.
Was the Securetech Innovations (SCTH) insider transaction under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirmatively used for this filing. The document-level indicator shows the transaction was not reported as executed pursuant to a Rule 10b5-1 trading plan.
What security was involved in Anthony Vang’s Securetech Innovations (SCTH) transaction?
The transaction involved Common Stock, $0.001 par value of Securetech Innovations. A total of 100,000 shares of this common stock were disposed of to the issuer in the reported transaction.
Is the Securetech Innovations (SCTH) Form 4/A a new transaction or an amendment?
This filing is an amendment (Form 4/A) that updates the original coding of the transaction from "G" (gift) to "D" (disposition to issuer), while keeping the 100,000-share amount and date the same.
AI-generated analysis. How Rhea-AI works. Not financial advice.