These Form 3 filings are routine post-closing administrative filings. The large indirect stake from Applied Digital Corp. (138M+ shares) confirms a controlling or major institutional holder, but no trading signal is present. Monitor for subsequent Form 4 filings for insider transactions and the next 10-Q for financial performance.
Price Chart
Executive Summary
Five Form 3 filings were submitted on May 15, 2026, by William M. Clancy, Wes Cummins, Douglas S. Miller, Richard N. Nottenburg, and Applied Digital Corp., each reporting initial beneficial ownership of ChronoScale Corp (EKSO) securities as of May 5, 2026. These filings are routine administrative requirements following a business combination or change in control, with no financial figures or transaction details disclosed beyond share counts. The batch signals a new insider group and a major corporate holder (Applied Digital Corp.) now subject to Section 16 reporting, but provides no actionable trading information.
Key Facts
- Five Form 3 filings filed on May 15, 2026, reporting ownership as of May 5, 2026.
- Reporting individuals: William M. Clancy, Wes Cummins, Douglas S. Miller, Richard N. Nottenburg, and Applied Digital Corp.
- Wes Cummins reported 3,563,878 Management Incentive Plan Units (MIP Units) convertible into common stock, held via APLD ChronoScale Management LLC.
- Applied Digital Corp. reported 1,311,407 shares directly and 138,216,820 shares indirectly through subsidiaries, totaling 139,528,227 shares.
- No financial data, transaction prices, or offering details were disclosed in any filing.
- All filings include standard Power of Attorney designations for Jerome Wong and Matthew Becker.
Financial Impact
No financial impact — these are initial ownership statements with no transaction values or financial metrics disclosed.
Risk Factors
- No material risk identified from these filings alone.
- Potential future insider selling could emerge once the 60-day lock-up on MIP Units expires.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 19 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (EKSO) — Batch item 1 | 0001493152-26-023990 |
| Document: 0001493152-26-023990-index-headers.html | 0001493152-26-023992 |
| Document: 0001493152-26-023990-index.html | 0001493152-26-023995 |
| Document: 0001493152-26-023990.txt | 0001493152-26-023991 |
| 3 Filing (EKSO) — Batch item 5 | 0001493152-26-023992 |
| Document: 0001493152-26-023992-index-headers.html | 0001493152-26-023990 |
| Document: 0001493152-26-023992-index.html | 0001493152-26-023990 |
| Document: 0001493152-26-023992.txt | 0001493152-26-023990 |
| 3 Filing (EKSO) — Batch item 9 | 0001493152-26-023995 |
| Document: 0001493152-26-023995-index-headers.html | 0001493152-26-023990 |
| Document: 0001493152-26-023995-index.html | 0001493152-26-023990 |
| Document: 0001493152-26-023995.txt | 0001493152-26-023990 |
| 3 Filing (EKSO) — Batch item 13 | 0001493152-26-023991 |
| Document: 0001493152-26-023991-index.html | 0001493152-26-023990 |
| Document: 0001493152-26-023991.txt | 0001493152-26-023990 |
| 3 Filing (EKSO) — Batch item 16 | 0001493152-26-023993 |
| Document: 0001493152-26-023993-index-headers.html | 0001493152-26-023990 |
| Document: 0001493152-26-023993-index.html | 0001493152-26-023990 |
| Document: 0001493152-26-023993.txt | 0001493152-26-023990 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 15, 2026 23w ago | 3 | — | awaiting T+1 | — | — |
May 4, 2026 25w ago | 8-K | $11.65 $11.65 | · 0.00% | ▼ −1.38% | — |
Mar 16, 2026 32w ago | Insider Cluster | $11.17 $10.78 | ▼ −3.49% | ▼ −3.76% | — |
US Market Status
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