04/03/2025 | Press release | Distributed by Public on 04/03/2025 18:45
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Singh Vininder 325 ELLINGTON BLVD, UNIT 317 GAITHERSBURG, MD 20878 |
X | X | Chief Executive Officer |
/s/ Vininder Singh | 04/03/2025 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | On April 1, 2025, Mr. Singh sold an aggregate of 7,245 shares of the Issuer's common stock pursuant to a Rule 10b5-1 sales plan at an average price of $1.6059. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person will provide full information regarding the number of shares purchased at each separate price. |
(2) | On April 2, 2025, Mr. Singh sold an aggregate of 8,902 shares of the Issuer's common stock pursuant to a Rule 10b5-1 sales plan at an average price of $1.6401. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person will provide full information regarding the number of shares purchased at each separate price. |
(3) | On April 3, 2025, Mr. Singh sold an aggregate of 27,958 shares of the Issuer's common stock pursuant to a Rule 10b5-1 sales plan at an average price of $1.4369. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person will provide full information regarding the number of shares purchased at each separate price. |