SEC Form 4 · accession 0001705119-26-000009
Track Group, Inc. · TRCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
CRC Founders Fund, LP
10% Owner
Denver Johnson Smith
Director · 10% Owner
Carlson Ridge Capital GP, LLC
10% Owner
Carlson Ridge Capital, LLC
10% Owner
Period of report
Aug 21, 2026
Accepted (ET)
Aug 24, 2026 · 12:36 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001045942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 21, 2026 | A | 325,000 | $0.00 | A | 325,000 | D | |
| Common StockF1,F3 | holding | — | — | — | 17,555,695 | I | By CRC Founders Fund, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by CRC Founders Fund, LP ("CRC Founders"), Carlson Ridge Capital, LLC ("Carlson Ridge Capital"), Carlson Ridge Capital GP, LLC ("Carlson Ridge GP") and Denver J. Smith (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Mr. Smith is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- F2Represents an award of restricted stock, of which 65,000 shares vest on each of April 30, 2027, April 30, 2028, April 30, 2029, April 30, 2030 and April 30, 2031.
- F3Represents securities owned directly by CRC Founders. Carlson Ridge Capital, as the investment manager of CRC Founders, may be deemed to beneficially own the securities owned by CRC Founders. Carlson Ridge GP, as the general partner of CRC Founders, may be deemed to beneficially own the securities owned by CRC Founders. Mr. Smith, as the Managing Member of each of Carlson Ridge Capital and Carlson Ridge GP, may be deemed to beneficially own the securities owned by CRC Founders.