CYCU insider filing: CEO and director discloses 3M shares
Rhea-AI Filing Summary
Form 3 initial ownership disclosure for Cycurion, Inc. (CYCU). The filing reports that L. Kevin Kelly, identified as the company's CEO and a director, directly owns 3,000,000 shares of Cycurion common stock. The form lists Kelly's business address at Cycurion's McLean, Virginia location and indicates the statement was required by an event on 02/14/2025. No derivative securities are reported.
Positive
- Clear disclosure of beneficial ownership by the CEO and director (3,000,000 shares).
- No derivative securities reported, simplifying assessment of immediate dilution or option exercise exposure.
Negative
- None.
Insights
TL;DR: CEO and director reports direct ownership of 3,000,000 common shares; standard initial Section 16 disclosure.
The Form 3 is a routine initial disclosure required under Section 16(a). It confirms that the reporting person holds a substantial position as both CEO and director and that ownership is direct rather than indirect. For investors and compliance officers, this clarifies insider stake and reporting status but does not itself provide operational or financial performance information.
TL;DR: Initial beneficial-ownership filing documents direct holdings and shows no reported derivatives.
This filing meets the disclosure requirement for an officer/director with beneficial ownership. It specifies 3,000,000 shares of common stock and lists no options, warrants, or other derivative securities. The record is informational regarding insider holdings and useful for monitoring future Section 16 transactions and timing for Form 4 disclosures.