Form 4 for HLSQ Tessera Defense & Homeland Security Inc.
Accepted 2026-03-18 00:00:00 ET · period of report 2026-03-16 · accession 0001213900-26-031016 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2026-03-18 | 2026-03-16+ | HLSQ | Yeganeh Reuven | Dir, 10% | C - Cnv Deriv | $2.00 | +980.0K | 450.0K | New | +$1.96M |
| DMI | 2026-03-18 | 2026-03-16+ | HLSQ | Yeganeh Reuven | Dir, 10% | S - Sale | $5.00 | -980.0K | 0 | -100% | -$4.90M |
| DMI | 2026-03-18 | 2026-03-16 | HLSQ | Yeganeh Reuven | Dir, 10% | S - Sale | $5.01 | -5.00M | 2.00M | -71% | -$25.07M |
| DMI | 2026-03-18 | 2026-03-16+ | HLSQ | Yeganeh Reuven | Dir, 10% | C - Cnv Deriv | $0.00 | -1,960 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.0001 par value per share | 2026-03-17 | C | A | 530,000 | $2.00 | 530,000 | I Pyu Pyu Capital LLC | — | — | (F1) Represents shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer received upon conversion of the Issuer's Series Y Convertible Preferred Stock, par value $0.0001 per share, held by the Reporting Person at a conversion price equal to $2.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock, $0.0001 par value per share | 2026-03-16 | S | D | 450,000 | $5.00 | 0 | I Pyu Pyu Capital LLC | — | — | (F3) The shares of Common Stock were sold in private transactions at a price of $5.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 3 | Common | Common Stock, $0.0001 par value per share | 2026-03-16 | C | A | 450,000 | $2.00 | 450,000 | I Pyu Pyu Capital LLC | — | — | (F1) Represents shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer received upon conversion of the Issuer's Series Y Convertible Preferred Stock, par value $0.0001 per share, held by the Reporting Person at a conversion price equal to $2.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 4 | Common | Common Stock, $0.0001 par value per share | 2026-03-17 | S | D | 530,000 | $5.00 | 0 | I Pyu Pyu Capital LLC | — | — | (F3) The shares of Common Stock were sold in private transactions at a price of $5.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 5 | Derivative | Common Stock Purchase Warrants | 2026-03-16 | S | D | 1,700,000 | $4.76 | 0 | I Pyu Pyu Capital LLC | $1.00 · 2026-01-13 to 2031-01-13 | 1,700,000 Common Stock | (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 6 | Derivative | Series Y Convertible Preferred Stock | 2026-03-16 | C | D | 900 | $0.00 | 1,060 | I Pyu Pyu Capital LLC | $2.00 · 2026-01-13 to 2027-01-13 | 450,000 Common Stock | (F1) Represents shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer received upon conversion of the Issuer's Series Y Convertible Preferred Stock, par value $0.0001 per share, held by the Reporting Person at a conversion price equal to $2.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 7 | Derivative | Common Stock Purchase Warrants | 2026-03-16 | S | D | 2,000,000 | $5.24 | 1,700,000 | I Pyu Pyu Capital LLC | $1.00 · 2026-01-13 to 2031-01-13 | 300,000 Common Stock | (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 8 | Derivative | Common Stock Purchase Warrants | 2026-03-16 | S | D | 1,300,000 | $5.00 | 2,000,000 | I Pyu Pyu Capital LLC | $1.00 · 2026-01-13 to 2031-01-13 | 1,300,000 Common Stock | (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 9 | Derivative | Series Y Convertible Preferred Stock | 2026-03-17 | C | D | 1,060 | $0.00 | 0 | I Pyu Pyu Capital LLC | $2.00 · 2026-01-13 to 2027-01-13 | 530,000 Common Stock | (F1) Represents shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer received upon conversion of the Issuer's Series Y Convertible Preferred Stock, par value $0.0001 per share, held by the Reporting Person at a conversion price equal to $2.00 per share. (F2) The reported securities are directly owned by Pyu Pyu Capital, LLC ("Pyu Pyu") and may be deemed to be beneficially owned by the Reporting Person as sole member of Pyu Pyu. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |