Filing Details
- Accession Number:
- 0001909643-24-000008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-21 20:59:59
- Reporting Period:
- 2024-06-17
- Accepted Time:
- 2024-06-21 20:59:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1805833 | System1 Inc. | SST | Services-Computer Programming, Data Processing, Etc. (7370) | 923978051 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1909643 | Trust Friends Star Lone | 14122 Bluff Manor Drive San Antonio TX 78216 | No | No | Yes | No | |
| 1912571 | Stanley Blend | C/O System1, Inc. 4235 Redwood Avenue Los Angeles CA 90066 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2024-06-17 | 4,775,000 | $1.50 | 956,423 | No | 4 | S | Indirect | Trust (Lone Star Friends Trust) |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Trust (Lone Star Friends Trust) |
Footnotes
- Lone Star Friends Trust, a trust established for the benefit of Mr. Michael Blend, the Company's Co-Founder, CEO and Chairman of the Board, sold 4,775,000 shares to CEE Holdings Trust, a trust established for the benefit of Mr. Charles Ursini, the Company's Co-Founder, President & Chief Operating Officer, and a member of the Board of Directors, in a privately negotiated arm's length transaction that was not conducted through the exchange on which the Issuer's publicly traded securities are listed.
- In connection with the sale reported on this Form 4, the Reporting Person disgorged $930.00 to the Company with respect to 11,613 shares purchased by the Reporting Person in March 2024 pursuant to a 10b5-1 trading plan previously entered into by the Reporting Person.
- Mr. Stanley Blend is the Trustee of Lone Star Friends Trust.
Billionaire Hedge Funds
