Standard Nuclear (STDN) investors convert preferred shares before IPO
Rhea-AI Filing Summary
Standard Nuclear, Inc. reporting 10% owners Fundomo SN-001, LP and Fundomo SN-002, LP reported automatic conversions of preferred stock into Class A Common Stock on July 17, 2026, immediately before the company’s initial public offering. Converted holdings included 3,849,782 Series A, 2,027,576 Series A-2, and 14,000,000 Series Seed-1 Preferred shares, all on a 1-for-1 basis, eliminating these derivative positions.
The amended insider report clarifies that these preferred shares were disposed of upon conversion rather than acquired, correcting a clerical error in how the prior report classified the derivative disposition. Affiliates and managers, including ST-1014 Fund I and Corey Nobile, may share voting or dispositive power over some positions, but beneficial ownership is disclaimed except for any pecuniary interest, and voting and dispositive power over ST-1014 Fund I is delegated to an unaffiliated investment adviser.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,877,358 shares exercised/converted
Exercise
3 txns
Insider
Fundomo SN-001, LP, Fundomo SN-002, LP
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Preferred Stock F1, F5, F2, F3, F4 | 3,849,782 | $0.00 | $0.00 |
| Conversion | Series A-2 Preferred Stock F1, F5, F2, F3, F4 | 2,027,576 | $0.00 | $0.00 |
| Conversion | Series Seed-1 Preferred Stock F1, F5, F2, F3, F4 | 14,000,000 | $0.00 | $0.00 |
Holdings After Transaction:
Series A Preferred Stock — 0 shares (Direct);
Series A-2 Preferred Stock — 0 shares (Indirect, By Fundomo SN-002, LP);
Series Seed-1 Preferred Stock — 0 shares (Indirect, By ST-1014 Fund I, a series of Fundomo Syndicates, LP)
Footnotes (5)
- F1. The Series Seed-1 Preferred Stock, Series A Preferred Stock, and Series A-2 Preferred Stock automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.
- F2. Fundomo SN-001 GP, LLC ("SN-001 GP") is the sole general partner of Fundomo SN-001, LP ("SN-001"). Fundomo SN-002 GP, LLC ("SN-002 GP") is the sole general partner of Fundomo SN-002, LP ("SN-002"). Corey Nobile is the sole member of SN-001 GP and SN-002 GP. Each of SN-001 GP, SN-002 GP, and Corey Nobile may be deemed to share voting and dispositive power with respect to the shares held directly by SN-001 (in the case of SN-001 GP) and SN-002 (in the case of SN-002 GP), respectively.
- F3. ST-1014 Fund I, a series of Fundomo Syndicates, LP ("ST-1014 Fund I") may be considered an affiliate of SN-001, SN-002, SN-001 GP and SN-002 GP, but voting and dispositive power over the shares held directly by ST-1014 Fund I has been delegated on an irrevocable basis to an unaffiliated third-party investment adviser pursuant to the terms of ST-1014 Fund I's limited partnership agreement, and none of the reporting persons named herein has voting or dispositive power over such shares.
- F4. Each of the reporting persons and entities disclaims beneficial ownership of the reported securities (except to the extent of such person's or entity's pecuniary interest in such securities). The filing of this statement by the reporting persons shall not be deemed an admission that such persons are, for purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
- F5. The Form 4 filed on July 21, 2026 is amended herein to correct a clerical error in Box 5 of Table II. Consistent with the disposition of the underlying preferred stock upon its conversion into Class A Common Stock as described in the accompanying footnotes, the number of derivative securities disposed of should have been entered under the "(D)" column in Box 5, but was inadvertently reported under the "(A)" column. The Form 4 remains otherwise unmodified.
Key Figures
Series A Preferred converted: 3,849,782 shares
Series A-2 Preferred converted: 2,027,576 shares
Series Seed-1 Preferred converted: 14,000,000 shares
+2 more
5 metrics
Series A Preferred converted
3,849,782 shares
Converted into Class A Common Stock on July 17, 2026 at a 1-for-1 ratio
Series A-2 Preferred converted
2,027,576 shares
Converted into Class A Common Stock on July 17, 2026 at a 1-for-1 ratio
Series Seed-1 Preferred converted
14,000,000 shares
Converted into Class A Common Stock on July 17, 2026 at a 1-for-1 ratio
Total preferred shares converted
19,877,358 shares
Aggregate preferred shares converted into Class A Common as shown in the transaction summary
Conversion ratio
1-for-1
Automatic conversion of preferred stock into Class A Common Stock immediately prior to IPO closing
Key Terms
initial public offering, Class A Common Stock, voting and dispositive power, beneficial ownership, +1 more
5 terms
initial public offering financial
"converted on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
Class A Common Stock financial
"automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
voting and dispositive power financial
"may be deemed to share voting and dispositive power with respect to the shares held directly"
beneficial ownership financial
"disclaims beneficial ownership of the reported securities except to the extent of pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of such person's pecuniary interest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Standard Nuclear (STDN) report on July 17, 2026?
Standard Nuclear’s 10% owners reported automatic conversions of preferred stock into Class A Common Stock. On July 17, 2026, 3,849,782 Series A, 2,027,576 Series A-2, and 14,000,000 Series Seed-1 Preferred shares converted 1-for-1 immediately before the initial public offering.
Why was the Standard Nuclear (STDN) insider report amended?
The insider report was amended to correct a clerical error in how the derivative disposition was classified. The number of preferred shares converted should have been reported under the “(D)” (disposed) column, but was inadvertently placed under the “(A)” (acquired) column; economics remain unchanged.
Who are Fundomo SN-001, LP and Fundomo SN-002, LP in relation to Standard Nuclear (STDN)?
Fundomo SN-001, LP and Fundomo SN-002, LP are reported as 10% owners of Standard Nuclear. Their general partners are SN-001 GP and SN-002 GP, respectively, and Corey Nobile is the sole member of both GPs, which may share voting and dispositive power over those funds’ holdings.
Do the Standard Nuclear (STDN) reporting persons claim full beneficial ownership of the converted shares?
No. The reporting persons and related entities disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest. They state that the filing should not be deemed an admission of beneficial ownership for Section 16 or other purposes.