Miller Lee 4

What Happened

• Miller Lee, a reported 10% owner of StartEngine Crowdfunding, Inc. (STGC), sold 75,114 shares in a disposition on March 12, 2026 at $1.60 per share, producing proceeds of $120,182. The Form 4 also reports a disposition of 10,772 shares reported at $0 (described as "Bonus Shares").
• Both dispositions were made pursuant to an offering statement qualified under Regulation A (see footnotes). These are sales (not purchases), which are commonly routine transfers by large holders rather than a direct bullish signal.

Key Details

• Transaction date: 2026-03-12.
• Sale details: 75,114 shares sold @ $1.60 = $120,182; 10,772 shares disposed @ $0 (reported as Bonus Shares).
• Footnotes: F1 — sales pursuant to a Reg A offering statement; F2 — the $0 shares are "Bonus Shares" as defined in that offering statement.
• Shares owned after the transactions: not disclosed in this Form 4.
• Filing: Form 4 filed 2026-03-16 (covers 2026-03-12 transactions); filing falls within the typical 2-business-day reporting window.

Context

• As a 10% owner, Miller Lee is a significant shareholder; such dispositions can be part of structured offerings or liquidity events rather than ordinary open-market trading by corporate officers.
• The $0 entry for the 10,772 shares reflects treatment as Bonus Shares under the Reg A offering statement, not necessarily a market sale for cash. No options were exercised and no purchases were reported.