GIFT · Giftify, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“Giftify and CardCash have a history of reporting net losses and negative operating cash flows. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued. In addition, the Company’s independent registered public accounting firm, in its report on the Company’s consolidated financial statements for the year ended December 31, 2025, expressed substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 12, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-04-01 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2026-03-18 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2026-02-26 | Interactive Communications International, Inc. |
Insider |
Sell↓
Filing footnotes — Common Stock (Direct)
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.90 to $0.98, inclusive. The reporting persons undertake to provide to the SEC, Giftify, Inc., or any securityholder of Giftify, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above. These shares are owned directly by Interactive Communications International, Inc., which is a wholly-owned, direct subsidiary of HI Technology, Corp ("HIT"). The voting and dispositive control over the reported securities is held by Merrill Brooks Smith ("Smith"), the CEO and principal shareholder of HIT. Each of HIT and Smith disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that either of them is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. |
Common Stock
|
17,610 |
| 2026-02-02 | Thakker Ketan |
Director, CEO |
Award↑
Filing footnotes — Common stock (Direct)
On February 2, 2026, the board of directors of the Issuer granted 500,000 shares of restricted common stock that will vest in equal monthly amounts over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance |
Common stock
|
500,000 |
| 2026-02-02 | Ackerman Ari Marc |
Director, COO, CardCash Exchange, Inc. |
Award↑
Filing footnotes — Common stock (Direct)
On February 2, 2026, the board of directors of the Issuer granted 250,000 shares of restricted common stock that will vest in equal monthly amounts over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance |
Common stock
|
250,000 |
| 2026-02-02 | Bohm Elliot |
Director, CEO, CardCash Exchange, Inc. |
Award↑
Filing footnotes — Common stock (Direct)
On February 2, 2026, the board of directors of the Issuer granted 250,000 shares of restricted common stock that will vest in equal monthly amounts over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance |
Common stock
|
250,000 |
| 2026-02-02 | Handy Steve |
Chief Financial Officer |
Award↑
Filing footnotes — Common stock (Direct)
A On February 2, 2026, the board of directors of the Issuer granted 100,000 shares of restricted common stock that will vestpro rata over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance |
Common stock
|
100,000 |
| 2026-02-02 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2026-01-02 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2025-12-08 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-11-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-10-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2025-09-08 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2025-08-22 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
3,136 |
| 2025-08-21 | Thakker Ketan |
Director, CEO |
Buy↑
|
Common stock
|
1,000 |
| 2025-08-21 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
18,664 |
| 2025-08-18 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
120 |
| 2025-08-15 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
1,281 |
| 2025-08-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-07-07 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-06-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common Stock
|
1,000 |
| 2025-05-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-04-07 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-03-06 | Miller Timothy William |
Vice President, Sales |
Sell↓
|
Common stock
|
1,000 |
| 2025-02-01 | Handy Steve |
Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Consists of options to purchase Issuer's shares of common stock that vest pro rata on a monthly basis over 36 months commencing on February 1, 2025 and are exercisable for a period of ten years from the date of grant (subject to earlier expiration in connection with the termination of service with the Issuer). |
Stock Option (Right to Buy)
|
100,000 |
| 2025-01-30 | Thakker Ketan |
Director, CEO |
Buy↑
|
Common stock
|
2,350 |
| 2024-10-18 | Thakker Ketan |
Director, CEO |
Buy↑
|
Common Stock
|
10,000 |
| 2024-10-10 | Wellisch Balazs |
CTO |
Buy↑
|
Common stock
|
35,000 |
| 2024-10-04 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
6,600 |
| 2024-10-03 | Handy Steve |
Chief Financial Officer |
Buy↑
|
Common Stock
|
2,221 |
| 2024-09-09 | Wellisch Balazs |
CTO |
Buy↑
|
Common stock
|
1,000 |
| 2024-04-23 | Miller Timothy William |
Vice President, Sales |
Award↓
|
Common stock
|
8,333 |
| 2024-04-22 | Miller Timothy William |
Vice President, Sales |
Award↓
|
Common stock
|
3,333 |
| 2023-11-05 | Wellisch Balazs |
CTO |
Award↑
Filing footnotes — Stock Option (Direct)
Mr. Wellisch received 300,000 vested options as a bonus for rebuilding RDC's infrastructure and operations. |
Stock Option
|
300,000 |
| 2023-07-10 | Miller Timothy William |
Vice President, Sales |
Award↓
|
Common stock
|
8,333 |
| 2023-04-24 | Miller Timothy William |
Vice President, Sales |
Award↓
|
Common stock
|
16,666 |
| 2022-04-02 | Wellisch Balazs |
CTO |
Award↑
Filing footnotes — Stock Option (Direct)
Mr. Wellisch received 25,000 options as a performance bonus. The options vested as follows: 8,333 shares vested on April 2, 2023, 8,333 shares vested on April 2, 2024, and 8,334 shares will vest on April 2, 2025. |
Stock Option
|
25,000 |
| 2022-04-01 | Wellisch Balazs |
CTO |
Award↑
Filing footnotes — Stock Option (Direct)
Mr. Wellisch received 279,217 shares of stock and 400,000 options for the sale of GameIQ and accepting the role as CTO. The options vest as follows: 160,000 shares vested on March 1, 2022, 10,000 shares vested on the first day of each month from April 1, 2022 through March 1, 2024. |
Stock Option
|
400,000 |
| 2022-03-23 | Miller Timothy William |
Vice President, Sales |
Award↑
|
Common Stock
|
28,833 |