Signing Day Sports (SGN) CFO returns 52,417 shares in merger deal

Rhea-AI Filing Summary

Signing Day Sports, Inc. CFO Rich Damon reported a disposition of 52,417 shares of common stock back to the issuer on March 16, 2026, leaving him with no Signing Day Sports shares reported after the transaction.

According to the footnote, this occurred in connection with a Business Combination Agreement under which he received 0.09334 common shares of BlockchAIn Digital Infrastructure, Inc. for each Signing Day Sports share. Those BlockchAIn shares had a stated market value of $4.60 per share based on the first reported sale price after closing.

Insights

Equity compensation and M&A specialist

CFO’s reported share disposition is tied to a merger-related share exchange, not an open-market sale.

The Form 4 shows CFO Rich Damon disposed of 52,417 Signing Day Sports shares back to the issuer, reducing his reported holdings to zero. The transaction is coded as a Disposition to issuer, meaning it was not a market sale.

The footnote links this to a Business Combination Agreement where he received 0.09334 BlockchAIn share for each Signing Day Sports share, with BlockchAIn stock valued at $4.60 per share based on its first post-closing trade on March 17, 2026. This looks like standard merger consideration rather than a discretionary trade, so its informational value about his view of the stock is limited.

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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X

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^*

Rich Damon

(Last) (First) (Middle)

C/O SIGNING DAY SPORTS, INC

8355 EAST HARTFORD RD., SUITE 100

(Street)

SCOTTSDALE ARIZONA 85255

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Signing Day Sports, Inc. [ SGN ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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

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

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	03/16/2026		D		52,417	D	(1)	0	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. Pursuant to the Business Combination Agreement, dated as of May 27, 2025, by and among Signing Day Sports, Inc., a Delaware corporation (the "Registrant"), One Blockchain LLC, a Delaware limited liability company, BlockchAIn Digital Infrastructure, Inc., a Delaware corporation ("BlockchAIn"), BCDI Merger Sub I Inc., a Delaware corporation, and BCDI Merger Sub II LLC, a Delaware limited liability company, as amended (the "Business Combination Agreement"), on the date of the closing (the "Closing") of the transactions contemplated by the Business Combination Agreement, or March 16, 2026 (the "Closing Date"), the reporting person received 0.09334 common shares of BlockchAIn for every share of common stock of the Registrant held by the reporting person, subject to rounding adjustments, having a market value of $4.60 per share based on the first reported sale price of the common stock of BlockchAIn on the NYSE American LLC after the Closing, which was reported on March 17, 2026.

	/s/ Damon Rich	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Signing Day Sports (SGN) CFO Rich Damon report on this Form 4?

He reported disposing of 52,417 Signing Day Sports shares back to the issuer. The filing shows a code D transaction, labeled as a disposition to the company, leaving him with zero Signing Day Sports shares reported after the transaction.

Was the Signing Day Sports (SGN) CFO’s transaction an open-market sale?

No, it was a disposition to the issuer, not an open-market sale. The Form 4 uses transaction code D, described as an issuer disposition, which indicates the shares were returned to the company rather than sold on the market.

How many Signing Day Sports (SGN) shares did the CFO dispose of?

CFO Rich Damon disposed of 52,417 shares of Signing Day Sports common stock. After this disposition to the issuer, his total reported holdings of Signing Day Sports common stock were reduced to zero shares in the filing.

Why did the Signing Day Sports (SGN) CFO receive BlockchAIn shares?

He received BlockchAIn shares under a Business Combination Agreement. For every Signing Day Sports share he held, he received 0.09334 BlockchAIn common share as merger consideration in connection with the closing of the business combination.

What value was assigned to the BlockchAIn shares received in the SGN transaction?

The BlockchAIn shares were valued at $4.60 per share. This value was based on the first reported sale price of BlockchAIn common stock on the NYSE American after closing, which was reported on March 17, 2026.

Does the SGN Form 4 show any remaining derivative positions for the CFO?

No remaining derivative positions are listed for the CFO in this filing. The derivative section is empty, and the single reported transaction is a non-derivative disposition of common stock back to the issuer in connection with the merger.