Securetech Innovations (SCTH) CEO pays $100,000 a share in insider buy
Rhea-AI Filing Summary
Securetech Innovations, Inc. (SCTH) reported an insider purchase by President & CEO Sitra J. Scott. On August 21, 2026, Scott purchased 1,000 shares of Series A Preferred Stock at $100,000 per share, bringing her direct holdings in this preferred class to 11,390 shares. A separate holding entry shows she directly owns 115,000 shares of Common Stock following these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
SITRA J SCOTT
Role
President & CEO
Bought
1,000 shs ($100.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preferred Stock, $0.001 par value | 1,000 | $100,000.00 | $100.00M |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Series A Preferred Stock, $0.001 par value — 11,390 shares (Direct);
Common Stock, $0.001 par value — 115,000 shares (Direct)
Key Figures
Series A Preferred shares purchased: 1,000 shares
Purchase price per Series A Preferred share: $100,000.0000 per share
Series A Preferred shares held after transaction: 11,390 shares
+2 more
5 metrics
Series A Preferred shares purchased
1,000 shares
Purchase by President & CEO Sitra J. Scott on August 21, 2026
Purchase price per Series A Preferred share
$100,000.0000 per share
Price for Series A Preferred Stock acquired on August 21, 2026
Series A Preferred shares held after transaction
11,390 shares
Direct holdings of Series A Preferred Stock following purchase
Common Stock held after transaction
115,000 shares
Direct holdings of Common Stock reported as of August 21, 2026
Net buy-sell shares in filing
1,000 shares
Net buy direction across reported transactions
Key Terms
Series A Preferred Stock, par value, non-derivative, direct ownership
4 terms
Series A Preferred Stock financial
"1,000 shares of Series A Preferred Stock, $0.001 par value"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
par value financial
"Series A Preferred 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.
non-derivative financial
"transaction_type": "non-derivative""
direct ownership financial
"ownership_type": "direct""
FAQ
What insider transaction did SCTH report for Sitra J. Scott?
Sitra J. Scott, President & CEO of SCTH, purchased 1,000 shares of Series A Preferred Stock on August 21, 2026 at a price of $100,000 per share, as a direct ownership position.
Was the SCTH insider transaction a buy or a sale?
The reported insider transaction by Sitra J. Scott in Securetech Innovations, Inc. was a purchase of 1,000 shares of Series A Preferred Stock, classified as a buy transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
