Visium Technologies: insider acquired no securities

The amendment withdraws the previously reported 34,452,488-share as-converted figure and states that Richard beneficially owns no issuer securities.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

VISIUM TECHNOLOGIES, INC. (VISM) is the issuer named in former director and officer Taylor Paul Richard’s amended Form 4. It clarifies that the reported Series E Convertible Preferred Stock was never issued: no securities were acquired and no consideration was given. The proposed ConnexUS AI, Inc. acquisition under a March 29, 2026 Letter of Intent did not close and was terminated on June 8, 2026. The amendment withdraws the previously reported as-converted figure of 34,452,488 shares and states that Richard beneficially owns no issuer securities. Richard was not a director, officer or 10% owner on April 16, 2026.

Insider Trade Summary

Grant/Award: 0 shares

Grant/Award 1 txn

Insider Taylor Paul Richard

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Series E Convertible Preferred Stock F2, F3, F1	0	--	--

Holdings After Transaction: Series E Convertible Preferred Stock — 0 contracts (Direct)

Footnotes (3)

1. F1. Amended. The Series E Convertible Preferred Stock reported in the original Form 4 was never issued to the Reporting Person. The proposed acquisition of ConnexUS AI, Inc. under the Letter of Intent dated March 29, 2026 did not close and was terminated on June 8, 2026. No securities were acquired and no consideration was given.
2. F2. The Reporting Person does not beneficially own, directly or indirectly, any securities of the Issuer. The as-converted figure of 34,452,488 shares and the percentages reported in the original Form 4 are withdrawn. On April 16, 2026, the reported transaction date, the Reporting Person was not a director, officer or 10% owner of the Issuer. He became Chairman of the Board, Chief Executive Officer and a director on April 27, 2026 and resigned from those positions on October 26, 2026. Amendment No. 1 to the Reporting Person's Schedule 13D is filed concurrently.
3. F3. Any time / No expiration

Key Figures

Securities acquired: 0 shares Withdrawn as-converted figure: 34,452,488 shares Reported transaction date: April 16, 2026 +2 more

5 metrics

Securities acquired 0 shares The amendment states no securities were acquired.

Withdrawn as-converted figure 34,452,488 shares Previously reported figure withdrawn by the amendment.

Reported transaction date April 16, 2026 Richard was not a director, officer or 10% owner on this date.

Appointment date April 27, 2026 Richard became Chairman of the Board, Chief Executive Officer and a director.

Resignation date October 26, 2026 Richard resigned as Chairman of the Board, Chief Executive Officer and a director.

Key Terms

Series E Convertible Preferred Stock, as-converted figure, Letter of Intent

3 terms

Series E Convertible Preferred Stock financial

"The Series E Convertible Preferred Stock reported in the original Form 4 was never issued"

Series E convertible preferred stock is a class of investment shares issued in a later-stage financing round that behave like a hybrid between a safety-first claim and an option to become ordinary shares. Think of it as a VIP ticket that gives owners priority on payments and protections if things go wrong, but can be swapped for regular shares later—important to investors because it affects payout priority, potential dilution of ownership, voting power, and the company’s implied valuation.

as-converted figure financial

"The as-converted figure of 34,452,488 shares"

Letter of Intent financial

"under the Letter of Intent dated March 29, 2026"

A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VISM shares did Taylor Paul Richard acquire in the amended Form 4?

The amended report says no securities were acquired. It states that the Series E Convertible Preferred Stock was never issued and no consideration was given.

What happened to the 34,452,488-share figure in Taylor Paul Richard’s VISM Form 4?

The previously reported 34,452,488-share as-converted figure was withdrawn. The amendment also states that Richard does not beneficially own any issuer securities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/28/2026 - 07:09 AM EDT Accepted by SEC EDGAR 10/28/2026 - 07:08 AM EDT Learn about SEC filing dates

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^*

Taylor Paul Richard

(Last) (First) (Middle)

6528 SOMERSET CIRCLE

(Street)

BOCA RATON FLORIDA 33484

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VISIUM TECHNOLOGIES, INC. [ VISM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former director and officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/24/2026

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
Series E Convertible Preferred Stock	$1,500	04/16/2026		A(2)		0		(3)	(3)	Common Stock	0(1)	(2)	0(2)	D

Explanation of Responses:

1. Amended. The Series E Convertible Preferred Stock reported in the original Form 4 was never issued to the Reporting Person. The proposed acquisition of ConnexUS AI, Inc. under the Letter of Intent dated March 29, 2026 did not close and was terminated on June 8, 2026. No securities were acquired and no consideration was given.

2. The Reporting Person does not beneficially own, directly or indirectly, any securities of the Issuer. The as-converted figure of 34,452,488 shares and the percentages reported in the original Form 4 are withdrawn. On April 16, 2026, the reported transaction date, the Reporting Person was not a director, officer or 10% owner of the Issuer. He became Chairman of the Board, Chief Executive Officer and a director on April 27, 2026 and resigned from those positions on October 26, 2026. Amendment No. 1 to the Reporting Person's Schedule 13D is filed concurrently.

3. Any time / No expiration

	/s/ Paul Taylor	10/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)