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Xtend AI Robotics exec reports 861,800-share stake

An executive vice president at Xtend AI Robotics reports direct ownership of 861,800 common shares following the closing of a merger transaction.

(Moderate)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Xtend AI Robotics, Inc. (XTND) discloses the initial ownership position of executive officer Basile Joseph Frank III on a Form 3. He reports 861,800 shares of Common Stock held directly, which were acquired at the closing on September 3, 2026 of a Merger Agreement involving Xtend AI Robotics, XT Merger Sub 2, Inc., JFB Construction Holdings, and Xtend Reality Expansion Ltd. No Rule 10b5-1 trading plan is reported in connection with this holding.

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Insider Basile Joseph Frank III
Role See Remarks
Type Security Shares Price Value
holding Common Stock F1 -- -- --
Holdings After Transaction: Common Stock — 861,800 shares (Direct)
Footnotes (1)
  1. F1. The shares were acquired at the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of February 13, 2026 as amended by Amendment No. 1 dated March 21, 2026 and Amendment No. 2 dated July 16, 2026 (the "Merger Agreement"), by and among Xtend AI Robotics, Inc., XT Merger Sub 2, Inc., JFB Construction Holdings and Xtend Reality Expansion Ltd. The closing of the Merger Agreement occurred on September 3, 2026.
Common Stock held directly 861,800 shares Post-transaction ownership reported for the executive officer on Form 3
Merger closing date September 3, 2026 Date the Merger Agreement closing occurred, when the shares were acquired
Number of holding entries 1 entry Single Common Stock holding line reported on the Form 3
Agreement and Plan of Merger regulatory
"acquired at the closing of the transactions contemplated by that certain Agreement and Plan of Merger"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Agreement regulatory
"The closing of the Merger Agreement occurred on September 3, 2026."
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
beneficial ownership financial
"initial statement of beneficial ownership position as an insider"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What does XTND's Form 3 filing report for Basile Joseph Frank III?

The Form 3 reports that executive officer Basile Joseph Frank III directly holds 861,800 shares of Common Stock of Xtend AI Robotics, Inc., reflecting his initial beneficial ownership position as an insider.

How many XTND shares does the reporting person hold after the reported event?

After the reported event, the executive officer directly holds 861,800 shares of Common Stock of Xtend AI Robotics, Inc., as shown in the post-transaction ownership column of the Form 3.

When were the XTND shares on this Form 3 effectively acquired?

The shares were acquired at the closing of the Merger Agreement, which the footnote states occurred on September 3, 2026. That closing triggered the issuance of the reported 861,800 shares to the executive officer.

How were the XTND shares on this Form 3 obtained by the executive officer?

According to the footnote, the 861,800 shares were acquired at the closing of transactions under an Agreement and Plan of Merger dated February 13, 2026, as amended, among Xtend AI Robotics, XT Merger Sub 2, Inc., JFB Construction Holdings, and Xtend Reality Expansion Ltd.

Does the XTND Form 3 mention a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 plan indicator is not marked, and the footnote describing the acquisition of 861,800 shares contains no reference to any Rule 10b5-1 or pre-arranged trading plan.

Is the XTND Form 3 reporting a new transaction or just an initial holding?

The Form 3 functions as an initial statement of beneficial ownership. It reports a holding entry of 861,800 shares following the merger closing, without classifying the event as a buy or sell transaction.

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

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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Basile Joseph Frank III

(Last)(First)(Middle)
5247 CROSSROADS PARK DRIVE

(Street)
TAMPA FLORIDA 33610

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/03/2026
3. Issuer Name and Ticker or Trading Symbol
Xtend AI Robotics, Inc. [ XTND ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock861,800(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were acquired at the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of February 13, 2026 as amended by Amendment No. 1 dated March 21, 2026 and Amendment No. 2 dated July 16, 2026 (the "Merger Agreement"), by and among Xtend AI Robotics, Inc., XT Merger Sub 2, Inc., JFB Construction Holdings and Xtend Reality Expansion Ltd. The closing of the Merger Agreement occurred on September 3, 2026.
Remarks:
Executive Vice President of Construction Operations Exhibit Index: 24 Power of Attorney
/s/ Aviv Shapira, as attorney-in-fact for Joseph Frank Basile III09/03/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

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