Form 4: Thumzup Media Corp Director Robert Haag Reports Acquisition and Disposal of Common Stock and Preferred Stock Due to Dividend Payments

Sentiment:

SEC Form 4 Filing


Director Robert Haag reports changes in beneficial ownership of Thumzup Media Corp stock due to dividend payments and conversions of preferred stock.

Summary

  • Robert Haag, a director of Thumzup Media Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
  • The transactions occurred on March 15, 2025.
  • Haag acquired 337 shares of common stock at $0 due to dividend payments on Series B Preferred Convertible Voting Stock.
  • He also disposed of 5,125 shares of common stock.
  • Additionally, Haag acquired 627 shares of Series A Preferred Convertible Voting Stock due to dividend payments.
  • These shares are convertible into common stock at a reference rate of $3.00 per share.
  • Haag indirectly owns 299,976 shares of common stock and 32,852 shares of Series A Preferred Convertible Voting Stock through Westside Strategic Partners, LLC, where he is the Managing Member and sole owner.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for company insiders, providing transparency into their trading activities and ownership positions.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
September 26, 2022Date of the Amended and Restated Certificate of Designation of Series A Preferred Convertible Voting Stock
April 17, 2024Date of the Amended and Restated Certificate of Designation of Series B Preferred Convertible Voting Stock
March 15, 2025Date of the transactions reported in the Form 4 filing
March 17, 2025Date of signature on the Form 4 filing
June 15Payment Date for dividends
September 15Payment Date for dividends
December 15Payment Date for dividends

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