January 7, 2026 · Form 4 insider transaction
Pesic Illiya I. sold 100,000 shares of SVCO at $1.94 per share, a transaction worth $193.8K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 71 days after the transaction.
The transactions reported in this Form 4 have been reported after the reporting deadlines because the Reporting Person initially believed each of the transactions constituted a non-reportable pledge of Issuer securities. The Reporting Person has subsequently determined to report the transactions based on the terms of the arrangement. The nature of the transactions is currently the subject of a dispute in an arbitral proceeding.; The reported price reflects the implied per-share value of shares transferred pursuant to an arrangement described as a non-recourse stock loan, in which the shares were transferred to the counterparty and the loan proceeds were limited to approximately 45% of the market value of the transferred shares, as determined under the terms of the arrangement, rather than a negotiated sale price.