SEC Form 4 · accession 0001193125-26-279978
Teamshares Inc · TMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Rikio Shiiba
Officer — Chief Technology Officer
Period of report
Jun 18, 2026
Accepted (ET)
Jun 23, 2026 · 7:29 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002048951
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 18, 2026 | A | 749,800 | — | A | 749,800 | D | |
| Common Stock | Jun 18, 2026 | A | 27,174 | $9.20 | A | 776,974 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F2 | $0.76 | Jun 18, 2026 | A | 148,000 | A | — | May 31, 2031 | Common Stock | 148,000 | 148,000 | D |
| Stock OptionF1,F3 | $6.44 | Jun 18, 2026 | A | 91,804 | A | — | Nov 6, 2035 | Common Stock | 91,804 | 91,804 | D |
Explanation of responses
- F1Represents securities received as part of the Issuer's business combination, in connection with an Agreement and Plan of Merger, dated as of November 14, 2025, as amended and supplemented from time to time (the "Merger Agreement"), by and among the Issuer (formerly known as Live Oak Acquisition Corp. V), Catalyst Sub Inc., Catalyst Sub 2 LLC, Live Oak Sponsor V, LLC, Teamshares Inc. ("Legacy Teamshares") and Brian Gaebe, as the representative of the Legacy Teamshare holders entitled to receive earnout shares, pursuant to which the common stock of Legacy Teamshares automatically converted into newly issued shares of Common Stock, pursuant to the terms of the Merger Agreement. In addition, each Legacy Teamshares stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement.
- F2The stock option is fully vested and exercisable.
- F3The stock option will vest as to 25% of the underlying shares on September 1, 2026 and will vest thereafter in 36 substantially equal monthly installments.