[Form 3] Two Hands Corp Initial Statement of Beneficial Ownership
Matthew Peter Stark, who serves as Chief Financial Officer and a director of Two Hands Corp (TWOH), submitted an initial Form 3 reporting that he does not beneficially own any securities of the company. The filing is an initial disclosure of his relationship to the issuer and confirms there are no direct or indirect holdings to report at this time.
- None.
- None.
Insights
TL;DR: Initial disclosure shows no holdings; routine compliance with Section 16 reporting.
The Form 3 from Mr. Stark is a standard initial disclosure required for officers and directors. Reporting that no securities are beneficially owned reduces potential short-swing profit exposure but provides limited information about alignment with shareholders. This is procedural rather than material; investors gain certainty that there are currently no reportable insider holdings attributed to Mr. Stark.
TL;DR: Neutral signal—no immediate market impact from this filing.
From a securities perspective, an initial Form 3 indicating zero beneficial ownership is informational and does not change the company’s capital structure or valuation. It neither signals insider buying nor selling. Market-impactful events would require subsequent Form 4 activity or material company developments.