QHSLab holder distributes 2.2M shares, exits stake
Marvin Smollar Family Trust reports distributing all 2,226,280 USAQ shares to beneficiary trusts and now holds 0% of the company.
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Rhea-AI Filing Summary
QHSLab, Inc. (USAQ) received an amended Schedule 13D from the Marvin Smollar Family Trust reporting that it no longer beneficially owns any of the company’s common stock. The amendment also corrects a prior typographical error in the trust’s reported sole dispositive power.
On August 26, 2026, the trust distributed all 2,226,280 shares of QHSLab common stock in equal parts to two beneficiary irrevocable trusts, 1,113,140 shares each, as part of estate administration, with no consideration paid. Following this distribution, the trust reports 0 shares beneficially owned and 0.0% of the class, with no voting or dispositive power over any QHSLab shares.
Key Figures
Key Terms
Schedule 13D regulatory
beneficial owner regulatory
dispositive power financial
estate administration other
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change in ownership of QHSLab, Inc. (USAQ) does this Schedule 13D/A report?
What is the Marvin Smollar Family Trust’s current voting and dispositive power over USAQ?
AI-generated analysis. How Rhea-AI works. Not financial advice.