ScanTech AI Systems (STAI) director Cavanaugh files Form 3 showing no share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ScanTech AI Systems Inc. filed an initial insider ownership report for Michael David Palmer Cavanaugh, who serves as a director of the company. The Form 3 indicates that, as of the event date of 12/08/2025, he reported no securities beneficially owned in ScanTech AI Systems Inc.
Positive
- None.
Negative
- None.
FAQ
What does the Form 3 for ScanTech AI Systems Inc. (STAI) report about Michael David Palmer Cavanaugh?
The Form 3 shows that director Michael David Palmer Cavanaugh filed an initial ownership statement for ScanTech AI Systems Inc. It reports that he does not beneficially own any securities of STAI as of the reported event date.
What is Michael David Palmer Cavanaugh’s relationship to ScanTech AI Systems Inc. (STAI)?
Michael David Palmer Cavanaugh is listed as a director of ScanTech AI Systems Inc. on the Form 3. He is not identified as an officer or 10% owner, and no other relationship boxes are checked in the filing.
What is the event date reported on the ScanTech AI Systems Inc. (STAI) Form 3?
The Form 3 lists an event date of 12/08/2025 in the section titled “Date of Event Requiring Statement.” This is the date for which Michael David Palmer Cavanaugh’s beneficial ownership status is being reported.
Is the ScanTech AI Systems Inc. (STAI) Form 3 filed by more than one reporting person?
No. The Form 3 indicates it is filed by one reporting person. Only Michael David Palmer Cavanaugh is listed as the reporting person, and the alternative checkbox for multiple reporting persons is not selected.