GFLT · GenFlat Holdings, Inc. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“As discussed in Note 1 to the consolidated financial statements, the Company has yet to achieve profitable operations, has negative cash flows from operating activities, and is dependent upon future issuances of equity or other financings to fund ongoing operations all of which raises substantial doubt about its ability to continue as a going concern. Management’s plans regarding these matters are also described in Note 1. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-K filed Sep 25, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-20 | Benz William Ray |
Chief Financial Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
Represents an option award pursuant to the Company's 2020 Equity Incentive Plan, 50,000 options vest on July 20, 2027, the Grant Date; 25,000 options vest on the first anniversary of the Grant Date; and the remaining 25,000 options vest on the second anniversary of the Grant Date, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture. |
Employee Stock Option (Right to Buy)
|
100,000 |
| 2026-07-20 | Hall Garrett Ryan |
COO |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
Common Stock
|
330,000 |
| 2026-07-20 | Hall Garrett Ryan |
COO |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2020 Equity Incentive Plan, which vest on July 20, 2026, the date of grant. |
Restricted Stock Unit
|
330,000 |
| 2026-07-20 | Albanese Matthew John |
Chief Commercial Officer |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2020 Equity Incentive Plan, which vest on July 20, 2026, the date of grant. |
Restricted Stock Unit
|
330,000 |
| 2026-07-20 | Albanese Matthew John |
Chief Commercial Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
Common Stock
|
330,000 |
| 2026-05-12 | Hall Garrett Ryan |
COO |
Other↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a February 4, 2026 grant of RSUs under the Issuer's 2020 Equity Incentive Plan. 330,000 RSU's scheduled to vest on February 28, 2026. On May 12, 2026, the Issuer and reporting person mutually rescinded, revoked, annulled, voided and cancelled the RSU's in their entirety. |
Restricted Stock Unit
|
330,000 |
| 2026-02-04 | Hall Garrett Ryan |
COO |
Award↑
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2020 Equity Incentive Plan. 330,000 RSU's vest on February 28, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture. Represents total number of RSU's beneficially owned as of February 4, 2026. |
Restricted Stock Unit
|
330,000 |
| 2021-02-01 | Meraki Partners, LLC |
10% Owner |
Other↓
Filing footnotes — Stock option (Right to buy) (Direct)
This Form 3 is filed jointly by Joel Arberman and Meraki Partners, LLC ("Meraki"). Meraki is a private consulting company and Joel Arberman is the controlling person of Meraki. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any. Directly owned by Joel Arberman. The options were voluntarily surrendered to the company without consideration exchanged in order to allow the company to allocate the shares underlying the surrendered options to other Company employees. The options are fully vested. |
Stock option (Right to buy)
|
750,000 |
| 2021-02-01 | HAWKINS KENNETH |
Director, 10% Owner |
Other↓
Filing footnotes — Stock option (Right to buy) (Direct)
The options were voluntarily surrendered to the company without consideration exchanged in order to allow the company to allocate the shares underlying the surrendered options to other Company employees. The options are fully vested. |
Stock option (Right to buy)
|
750,000 |
| 2021-02-01 | Epstein Stephen A |
Director, CEO, 10% Owner |
Other↓
Filing footnotes — Stock option (Right to buy) (Direct)
The options were voluntarily surrendered to the company without consideration exchanged in order to allow the company to allocate the shares underlying the surrendered options to other Company employees. The options are fully vested. |
Stock option (Right to buy)
|
750,000 |