A Form 4 filed on September 23, 2026 discloses that Justin Beck Hinton Floyd, Chief Executive Officer and Director of RedCloud Holdings plc (NASDAQ:RCT), acquired 74,000 ordinary shares on September 22, 2026 through a private placement subscription agreement.

Key Highlights

  • Reporting person: Floyd Justin Beck Hinton, Chief Executive Officer and Director of RedCloud Holdings plc
  • Transaction: Purchase (Code P) of 74,000 ordinary shares on September 22, 2026
  • Price per share: $2.50, for an aggregate subscription price of $185,000
  • Payment method: The $185,000 subscription price was paid by offsetting financial liabilities owed by the company to the reporting person
  • Beneficial ownership after transaction: 1,661,037 ordinary shares, held directly

RedCloud Holdings CEO Subscription Details and Ownership Following September 2026 Private Placement

According to the Form 4 filing, Floyd Justin Beck Hinton entered into both a subscription agreement and a set-off agreement with RedCloud Holdings plc on September 22, 2026. Under these agreements, the company issued and sold 74,000 ordinary shares to the reporting person at a subscription price of $2.50 per share, resulting in an aggregate subscription price of $185,000.

The filing discloses that the aggregate subscription price was not paid in cash but rather by "offsetting financial liabilities owed by the Company to the Reporting Person of $185,000." The transaction was classified with a Purchase (P) transaction code in Table I of the filing, covering non-derivative securities. No derivative securities were reported in connection with this transaction.

Following the reported transaction, the filing states that the reporting person directly beneficially owned 1,661,037 ordinary shares of RedCloud Holdings plc. The reporting person's address is listed as 124 City Road, London, EC1V 2NX, United Kingdom. The Form 4 was signed by Justin Floyd and dated September 23, 2026.

What Was Disclosed

The filing reports the acquisition of 74,000 ordinary shares by RedCloud Holdings plc's CEO through a private placement, with the $185,000 subscription price satisfied via a set-off of company financial liabilities, bringing his direct beneficial ownership to 1,661,037 shares.