06/02/2026 | Press release | Distributed by Public on 06/02/2026 15:46
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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) | ||
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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 | ||||||||
| 6.00% SERIES C CONVERTIBLE PREFERRED STOCK(1) | (1) | 05/29/2026 | A | 220,000 | (1) | (1) | Common Stock | 511,627.6 | $100 | 220,000 | I | By Maewyn XRN LP(2) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Fitzgerald Charles C/O CHIRON REAL ESTATE INC. 7373 WISCONSIN AVENUE, SUITE 800 BETHESDA, MD 20814 |
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| /s/ Charles P. Fitzgerald | 06/02/2026 | |
| **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) | The 6.00% Series C Convertible Preferred Stock ("Preferred Stock") is convertible into shares of Common Stock, based on a conversion ratio of 2.32558, resulting in 511,627.60 shares of Common Stock issuable upon conversion of the Preferred Stock (subject to specified anti-dilution adjustments), which conversion can occur at the election of the reporting persons at any time or in certain specified circumstances at the election of the Issuer. The Preferred Stock does not have an expiration date, but is subject to certain specified redemption rights of the Issuer. |
| (2) | Mr. Fitzgerald has voting and dispositive control over these securities, but disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein. |