STOCK TITAN

[Form 4] Sonim Technologies, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

SEC Form 4 filing for Sonim Technologies (SONM) dated 07/03/2025 reports that long-time shareholder Laurence W. Lytton, previously classified as a >10 % owner, has fallen below the 10 % beneficial-ownership threshold. No shares were bought or sold; the status change stems from Sonim’s issuance of 7.4 million new common shares on 07/02/2025, which increased the shares outstanding and reduced Lytton’s percentage ownership. The form lists no derivative positions, no transaction prices and no post-transaction share count, indicating that the filing is strictly a compliance update triggered by dilution rather than insider trading activity.

Key takeaways for investors: the filing confirms completion of the previously announced equity offering and clarifies that Lytton retains his holdings but is no longer a statutory insider under Section 16. There are no immediate financial statement impacts, yet the additional shares may affect per-share metrics and future voting dynamics.

Modulo SEC Form 4 per Sonim Technologies (SONM) datato 03/07/2025 segnala che l'azionista di lunga data Laurence W. Lytton, precedentemente classificato come possessore di oltre il 10%, è sceso sotto la soglia del 10% di proprietà effettiva. Non sono state acquistate né vendute azioni; il cambiamento di status deriva dall'emissione da parte di Sonim di 7,4 milioni di nuove azioni ordinarie il 02/07/2025, che ha aumentato le azioni in circolazione e ridotto la percentuale di proprietà di Lytton. Il modulo non riporta posizioni derivate, prezzi di transazione né conteggio azionario post-transazione, indicando che la comunicazione è un aggiornamento di conformità dovuto alla diluizione e non a operazioni di insider trading.

Punti chiave per gli investitori: il documento conferma il completamento dell'offerta azionaria precedentemente annunciata e chiarisce che Lytton mantiene le sue partecipazioni ma non è più un insider statutario ai sensi della Sezione 16. Non ci sono impatto immediato sui bilanci, tuttavia le azioni aggiuntive potrebbero influenzare le metriche per azione e le dinamiche future di voto.

Presentación del formulario SEC Form 4 para Sonim Technologies (SONM) con fecha 03/07/2025 informa que el accionista de larga data Laurence W. Lytton, previamente clasificado como propietario con más del 10%, ha bajado del umbral del 10% de propiedad beneficiosa. No se compraron ni vendieron acciones; el cambio de estatus se debe a la emisión por parte de Sonim de 7.4 millones de nuevas acciones comunes el 02/07/2025, lo que incrementó las acciones en circulación y redujo el porcentaje de propiedad de Lytton. El formulario no lista posiciones derivadas, precios de transacción ni conteo de acciones posterior a la transacción, indicando que la presentación es estrictamente una actualización de cumplimiento motivada por la dilución y no por actividad de información privilegiada.

Puntos clave para los inversionistas: la presentación confirma la finalización de la oferta de acciones anunciada previamente y aclara que Lytton mantiene sus participaciones pero ya no es un insider estatutario bajo la Sección 16. No hay impactos inmediatos en los estados financieros, aunque las acciones adicionales podrían afectar métricas por acción y la dinámica de votación futura.

Sonim Technologies(SONM)의 SEC Form 4 제출이 2025년 7월 3일자로 보고되었으며, 오랫동안 주주였던 Laurence W. Lytton이 이전에는 10% 이상 소유자로 분류되었으나 10% 이하로 감소했습니다. 주식 매매는 없었으며, 이 상태 변경은 Sonim이 2025년 7월 2일에 740만 주의 신주를 발행하여 발행 주식 수가 증가하고 Lytton의 소유 비율이 줄어든 데 기인합니다. 해당 양식에는 파생상품 포지션, 거래 가격, 거래 후 주식 수가 기재되어 있지 않아 이 제출이 내부자 거래 활동이 아닌 희석에 따른 준수 업데이트임을 나타냅니다.

투자자들을 위한 주요 내용: 이 제출은 이전에 발표된 주식 공모가 완료되었음을 확인하며, Lytton이 지분을 유지하고 있으나 더 이상 섹션 16에 따른 법적 내부자가 아님을 명확히 합니다. 재무제표에 즉각적인 영향은 없으나 추가 주식은 주당 지표와 향후 의결권 동향에 영향을 미칠 수 있습니다.

Dépôt du formulaire SEC Form 4 pour Sonim Technologies (SONM) daté du 03/07/2025 rapporte que l'actionnaire de longue date Laurence W. Lytton, auparavant classé comme détenteur de plus de 10 %, est passé en dessous du seuil de 10 % de propriété bénéficiaire. Aucune action n'a été achetée ou vendue ; ce changement de statut découle de l'émission par Sonim de 7,4 millions de nouvelles actions ordinaires le 02/07/2025, ce qui a augmenté le nombre d'actions en circulation et réduit le pourcentage de détention de Lytton. Le formulaire ne mentionne aucune position dérivée, aucun prix de transaction ni nombre d'actions post-transaction, indiquant que ce dépôt est strictement une mise à jour de conformité déclenchée par la dilution et non une activité d'initié.

Points clés pour les investisseurs : ce dépôt confirme la réalisation de l'offre d'actions annoncée précédemment et précise que Lytton conserve ses participations mais n'est plus un initié statutaire en vertu de la Section 16. Il n'y a aucun impact immédiat sur les états financiers, mais les actions supplémentaires pourraient affecter les indicateurs par action et la dynamique des votes futurs.

SEC-Formular 4 Einreichung für Sonim Technologies (SONM) vom 03.07.2025 berichtet, dass der langjährige Aktionär Laurence W. Lytton, zuvor als Eigentümer von über 10 % eingestuft, unter die Schwelle von 10 % wirtschaftlichem Eigentum gefallen ist. Es wurden keine Aktien gekauft oder verkauft; die Statusänderung resultiert aus der Emission von 7,4 Millionen neuen Stammaktien durch Sonim am 02.07.2025, wodurch die ausstehenden Aktien erhöht und Lyttons prozentualer Anteil verringert wurde. Das Formular listet keine Derivatpositionen, keine Transaktionspreise und keine Aktienanzahl nach der Transaktion auf, was darauf hinweist, dass die Einreichung ausschließlich ein Compliance-Update aufgrund von Verwässerung ist und keine Insiderhandelstätigkeit darstellt.

Wichtige Erkenntnisse für Investoren: Die Einreichung bestätigt den Abschluss des zuvor angekündigten Kapitalangebots und stellt klar, dass Lytton seine Beteiligungen behält, aber nicht mehr als gesetzlicher Insider nach Abschnitt 16 gilt. Es gibt keine unmittelbaren Auswirkungen auf die Finanzberichte, doch die zusätzlichen Aktien könnten die Kennzahlen pro Aktie und zukünftige Abstimmungsdynamiken beeinflussen.

Positive
  • None.
Negative
  • Insider ownership below 10 %. Although no shares were sold, dilution from the 7.4 million-share offering reduces a major holder’s influence and could be viewed as a slight governance negative.

Insights

TL;DR: Form 4 shows dilution-driven drop below 10 % insider threshold; no insider selling, limited immediate impact.

The filing is essentially administrative. Lytton’s ownership percentage was diluted by Sonim’s issuance of 7.4 million shares, a deal already disclosed in prior filings. Because the absolute share count owned by Lytton is unchanged, the market should view this as neutral: there is no signal of insider sentiment through buying or selling. On the margin, a lower insider concentration may modestly reduce perceived alignment, but it also broadens the public float, aiding liquidity. Overall, the document reiterates completion of the offering and has minimal valuation impact.

Modulo SEC Form 4 per Sonim Technologies (SONM) datato 03/07/2025 segnala che l'azionista di lunga data Laurence W. Lytton, precedentemente classificato come possessore di oltre il 10%, è sceso sotto la soglia del 10% di proprietà effettiva. Non sono state acquistate né vendute azioni; il cambiamento di status deriva dall'emissione da parte di Sonim di 7,4 milioni di nuove azioni ordinarie il 02/07/2025, che ha aumentato le azioni in circolazione e ridotto la percentuale di proprietà di Lytton. Il modulo non riporta posizioni derivate, prezzi di transazione né conteggio azionario post-transazione, indicando che la comunicazione è un aggiornamento di conformità dovuto alla diluizione e non a operazioni di insider trading.

Punti chiave per gli investitori: il documento conferma il completamento dell'offerta azionaria precedentemente annunciata e chiarisce che Lytton mantiene le sue partecipazioni ma non è più un insider statutario ai sensi della Sezione 16. Non ci sono impatto immediato sui bilanci, tuttavia le azioni aggiuntive potrebbero influenzare le metriche per azione e le dinamiche future di voto.

Presentación del formulario SEC Form 4 para Sonim Technologies (SONM) con fecha 03/07/2025 informa que el accionista de larga data Laurence W. Lytton, previamente clasificado como propietario con más del 10%, ha bajado del umbral del 10% de propiedad beneficiosa. No se compraron ni vendieron acciones; el cambio de estatus se debe a la emisión por parte de Sonim de 7.4 millones de nuevas acciones comunes el 02/07/2025, lo que incrementó las acciones en circulación y redujo el porcentaje de propiedad de Lytton. El formulario no lista posiciones derivadas, precios de transacción ni conteo de acciones posterior a la transacción, indicando que la presentación es estrictamente una actualización de cumplimiento motivada por la dilución y no por actividad de información privilegiada.

Puntos clave para los inversionistas: la presentación confirma la finalización de la oferta de acciones anunciada previamente y aclara que Lytton mantiene sus participaciones pero ya no es un insider estatutario bajo la Sección 16. No hay impactos inmediatos en los estados financieros, aunque las acciones adicionales podrían afectar métricas por acción y la dinámica de votación futura.

Sonim Technologies(SONM)의 SEC Form 4 제출이 2025년 7월 3일자로 보고되었으며, 오랫동안 주주였던 Laurence W. Lytton이 이전에는 10% 이상 소유자로 분류되었으나 10% 이하로 감소했습니다. 주식 매매는 없었으며, 이 상태 변경은 Sonim이 2025년 7월 2일에 740만 주의 신주를 발행하여 발행 주식 수가 증가하고 Lytton의 소유 비율이 줄어든 데 기인합니다. 해당 양식에는 파생상품 포지션, 거래 가격, 거래 후 주식 수가 기재되어 있지 않아 이 제출이 내부자 거래 활동이 아닌 희석에 따른 준수 업데이트임을 나타냅니다.

투자자들을 위한 주요 내용: 이 제출은 이전에 발표된 주식 공모가 완료되었음을 확인하며, Lytton이 지분을 유지하고 있으나 더 이상 섹션 16에 따른 법적 내부자가 아님을 명확히 합니다. 재무제표에 즉각적인 영향은 없으나 추가 주식은 주당 지표와 향후 의결권 동향에 영향을 미칠 수 있습니다.

Dépôt du formulaire SEC Form 4 pour Sonim Technologies (SONM) daté du 03/07/2025 rapporte que l'actionnaire de longue date Laurence W. Lytton, auparavant classé comme détenteur de plus de 10 %, est passé en dessous du seuil de 10 % de propriété bénéficiaire. Aucune action n'a été achetée ou vendue ; ce changement de statut découle de l'émission par Sonim de 7,4 millions de nouvelles actions ordinaires le 02/07/2025, ce qui a augmenté le nombre d'actions en circulation et réduit le pourcentage de détention de Lytton. Le formulaire ne mentionne aucune position dérivée, aucun prix de transaction ni nombre d'actions post-transaction, indiquant que ce dépôt est strictement une mise à jour de conformité déclenchée par la dilution et non une activité d'initié.

Points clés pour les investisseurs : ce dépôt confirme la réalisation de l'offre d'actions annoncée précédemment et précise que Lytton conserve ses participations mais n'est plus un initié statutaire en vertu de la Section 16. Il n'y a aucun impact immédiat sur les états financiers, mais les actions supplémentaires pourraient affecter les indicateurs par action et la dynamique des votes futurs.

SEC-Formular 4 Einreichung für Sonim Technologies (SONM) vom 03.07.2025 berichtet, dass der langjährige Aktionär Laurence W. Lytton, zuvor als Eigentümer von über 10 % eingestuft, unter die Schwelle von 10 % wirtschaftlichem Eigentum gefallen ist. Es wurden keine Aktien gekauft oder verkauft; die Statusänderung resultiert aus der Emission von 7,4 Millionen neuen Stammaktien durch Sonim am 02.07.2025, wodurch die ausstehenden Aktien erhöht und Lyttons prozentualer Anteil verringert wurde. Das Formular listet keine Derivatpositionen, keine Transaktionspreise und keine Aktienanzahl nach der Transaktion auf, was darauf hinweist, dass die Einreichung ausschließlich ein Compliance-Update aufgrund von Verwässerung ist und keine Insiderhandelstätigkeit darstellt.

Wichtige Erkenntnisse für Investoren: Die Einreichung bestätigt den Abschluss des zuvor angekündigten Kapitalangebots und stellt klar, dass Lytton seine Beteiligungen behält, aber nicht mehr als gesetzlicher Insider nach Abschnitt 16 gilt. Es gibt keine unmittelbaren Auswirkungen auf die Finanzberichte, doch die zusätzlichen Aktien könnten die Kennzahlen pro Aktie und zukünftige Abstimmungsdynamiken beeinflussen.

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
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*
LYTTON LAURENCE W

(Last) (First) (Middle)
467 CENTRAL PARK WEST

(Street)
NY NY 10025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONIM TECHNOLOGIES INC [ SONM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025
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
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:
On July 2, 2025, the issuer filed a Form 8-K reporting that the issuer had closed the offering of 7,400,000 shares of the issuer's Common Stock on July 2, 2025. As a result of the change in the number of shares of Common Stock outstanding, the reporting person has ceased to beneficially own more than 10% of the outstanding Common Stock.
/s/ Laurence W. Lytton 07/03/2025
** 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

Why did Laurence W. Lytton cease to be a 10% owner of SONM?

Sonim issued 7,400,000 new shares on 07/02/2025, diluting Lytton’s stake below the 10 % reporting threshold.

Did the Form 4 report any insider sales or purchases of SONM stock?

No. No shares were reported as bought or sold; the filing only notes a status change due to dilution.

Does this Form 4 affect Sonim Technologies' share count?

Indirectly, yes—it references the previously closed 7.4 million-share offering that increased total shares outstanding.

Is there any change in derivative securities held by the insider?

No derivative positions were listed; columns for options or warrants remain blank.

What is the date associated with the ownership change for SONM?

The effective date is 07/02/2025, the closing date of the equity offering.
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