4/A: Lifeloc Technologies Director Siecke Amends Form 4 to Correct Beneficial Ownership and Report Additional Share Acquisition

Donald E. Siecke, a director at Lifeloc Technologies, Inc., amended his Form 4 filing to correct the number of securities beneficially owned and report an additional acquisition of 16,000 shares of Common Stock.

Summary

• Donald E. Siecke, a director of Lifeloc Technologies, Inc. [LCTC], filed an amended Form 4 with the SEC.
• The amendment corrects the number of securities beneficially owned following a transaction on February 28, 2025.
• The amended filing also reports an additional acquisition of 16,000 shares of Common Stock at a price of $3.8 per share, which was inadvertently omitted from the original filing.
• On February 28, 2025, Siecke acquired 1,000 shares of Common Stock through the exercise of stock options at a price of $3.8.
• Following the reported transactions, Siecke beneficially owns 554,352 shares of Common Stock indirectly.
• These shares include 474,537 shares held by EDCO Partners LLLP and 79,815 shares held by EDCO Partners LLLP on behalf of Fruhling Family, LLC, where Siecke is the managing partner.
• Siecke does not exercise voting or investment control over EDCO Partners LLLP.
• The stock options exercised were granted on March 1, 2020, under the issuer's 2013 Stock Option Plan and were fully vested at the time of grant.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating neutral sentiment. It corrects a previous error and reports standard insider trading activity.

Industry Context

This filing is a routine disclosure related to insider trading activities, which is a common practice for publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies in compliance with SEC regulations.
• The reporting requirements are similar across all companies listed on U.S. stock exchanges, ensuring transparency in insider trading activities.

Stakeholder Impact

• The amended filing provides updated information to shareholders regarding the beneficial ownership of a company director.
• This ensures transparency and helps stakeholders make informed decisions.

Key Dates

Keywords

Form 4, Lifeloc Technologies, Beneficial Ownership, Securities, Director, Stock Options, Share Acquisition, Amendment