Director Irving Minnaker files Form 3; no beneficial ownership at CYCU
Rhea-AI Filing Summary
Irving Minnaker filed an SEC Form 3 reporting his initial statement of beneficial ownership for Cycurion, Inc. (CYCU). The filing lists his relationship to the issuer as a Director and provides a McLean, VA address. The event date triggering the filing is 04/09/2025, and the form is signed by Irving Minnaker on 09/11/2025. The filing explicitly states no securities are beneficially owned by the reporting person at the time of this Form 3, and no derivative holdings or other indirect ownership interests are reported.
Positive
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Negative
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Insights
TL;DR: Director Minnaker filed an initial Form 3 disclosing no beneficial ownership; this is a routine governance disclosure.
The Form 3 indicates that Irving Minnaker is a director of Cycurion, Inc. and has submitted the required initial Section 16 filing. The disclosure of no beneficial ownership is noteworthy because Section 16 filings usually reveal an officer or director's stake; here, it indicates Minnaker did not hold reportable shares or derivative positions when the form was completed. This is a routine compliance item but important for transparency around insider holdings and potential future transactions.
TL;DR: The filing is informational and non-material to valuation since it reports no holdings by the director.
The report confirms that no direct or indirect equity or derivative positions were reported by the director at the time of this Form 3. From a market-impact perspective, absent holdings or planned transactions, the filing itself is unlikely to affect CYCU's capital structure or trading. Investors can treat this as a compliance disclosure rather than a signal of insider buying or selling.