Monitor for additional insider selling or further 13G amendments. The exit filing by a previously >5% holder suggests reduced conviction; watch for any subsequent 13D conversion or activist activity from remaining large holders.
Price Chart
Executive Summary
Craig Wigglesworth filed an amended Schedule 13G disclosing a reduced stake in CDT Equity Inc. to 50,322 shares (3.4% of shares outstanding as of September 30, 2026), down from a prior >5% position. The filing explicitly states it is an exit filing, indicating Wigglesworth has ceased to be a beneficial owner of more than 5% of the common stock. This is a bearish signal as a significant insider is reducing exposure.
Key Financial Metrics
Key Facts
- Craig Wigglesworth now directly owns 50,322 shares of CDT common stock, representing 3.4% of shares outstanding as of September 30, 2026.
- The filing is an exit filing — Wigglesworth has ceased to be a >5% beneficial owner.
- The stake reduction follows a 1-for-25 reverse stock split effected on September 28, 2026.
- Shares outstanding used for calculation: 1,477,789 as of September 30, 2026.
- Prior filing on September 9, 2026, showed Wigglesworth above the 5% threshold.
Financial Impact
Wigglesworth's stake dropped from >5% to 3.4%, a reduction of at least ~1.6% of the company's outstanding shares. No dollar value disclosed.
Risk Factors
- Insider selling pressure as a previously significant holder exits.
- Potential negative market perception of reduced insider alignment.
- Reverse stock split may indicate underlying financial distress or low share price.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0001753926-26-001909 |
| Document: 0001753926-26-001909-index.html | 0001753926-26-001909 |
| Document: 0001753926-26-001909.txt | 0001753926-26-001909 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $0.0837 | awaiting T+20 | — | $0.0800 (−4.42%) |
Oct 27, 2026 today | DEF 14A | $0.0890 | awaiting T+20 | — | $0.0800 (+10.11%) |
Oct 27, 2026 today | SC 13D/A | $0.0890 | awaiting T+20 | — | $0.0800 (−10.11%) |
Oct 27, 2026 today | 3 | $0.0819 | awaiting T+20 | — | $0.0800 (−2.32%) |
Oct 27, 2026 today | 8-K | $0.0982 | awaiting T+20 | — | $0.0800 (+18.53%) |
Oct 13, 2026 14d ago | 8-K | $0.4500 | awaiting T+20 | — | $0.0800 (+82.22%) |
Oct 8, 2026 19d ago | SC 13G/A | $0.7180 | awaiting T+20 | — | $0.0800 (+88.86%) |
Oct 7, 2026 20d ago | SC 13G | $0.8000 | awaiting T+20 | — | $0.0800 (−90.00%) |
Oct 7, 2026 20d ago | SC 13G/A | $0.8000 | awaiting T+20 | — | $0.0800 (+90.00%) |
Oct 7, 2026 20d ago | SC 13G/A | $0.8000 | awaiting T+20 | — | $0.0800 (+90.00%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers