President's Holdings Adjusted Post 1-for-12 Reverse Stock Split
Summary
President Michael James Bledsoe's share count was adjusted to 227,855 shares following the company's 1-for-12 reverse stock split, as reported in this amended Form 4.
Key Events
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Reverse Stock Split Adjustment
President Michael James Bledsoe's direct holdings were adjusted to 227,855 shares, valued at $410,139 (based on a post-split price of $1.80 per share), reflecting the 1-for-12 reverse stock split effective May 4, 2026. This is a technical change to his share count, not a market transaction.
Analysis
This Form 4/A reports the updated shareholdings of President Michael James Bledsoe following PCS Edventures!'s 1-for-12 reverse stock split, which became effective on May 4, 2026. While the number of shares held by Mr. Bledsoe decreased from 2,734,235 to 227,855, this is a technical adjustment reflecting the new share structure, not a discretionary sale. The filing confirms the impact of the reverse split on a key insider's ownership, which is important for understanding the company's new capital structure.
At the time of this filing, PCSV was trading at $0.15 on OTC in the Trade & Services sector, with a market capitalization of approximately $17.5M. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.