Key Takeaways
- Daniel Leland Gnegy, an individual U.S. citizen residing in Denver, Colorado, filed a beneficial‑ownership statement for Hub Cyber Security Ltd.
- The filing reports ownership of 111,000 shares of the company’s common stock, representing 8.7 % of the outstanding class.
- Gnegy holds sole voting and dispositive power over all reported shares; there is no shared voting or dispositive authority.
- The securities were not acquired for the purpose of influencing or changing corporate control, and the filer certifies that the holdings are not part of any agreement, arrangement, or understanding to affect control.
- The filing is made on Form 13D (or an amendment thereto) and includes the required certifications under § 240.13d‑1(b)(1)(ii)(E) as an investment adviser, though the filer indicates the status as an individual reporting person.
Background of the Reporting Person
Daniel Leland Gnegy is identified as an individual filing the statement. His citizenship is listed as United States, and his principal business office or residence is provided as 1312 17th Street #854, Denver, CO 80202. The filing does not indicate any affiliation with a broker‑dealer, bank, insurance company, investment company, or other institutional entity; instead, Gnegy reports as an individual reporting person. This personal capacity is relevant because it determines the applicable exemptions and disclosure requirements under the Securities Exchange Act of 1934.
Details of the Issuer and Its Securities
The issuer named in the statement is Hub Cyber Security Ltd., an Israeli corporation with its principal executive offices located at 2 Kaplan St., Tel Aviv, Israel, 6473403. The class of securities covered by the filing is the company’s common stock, identified by CUSIP number M6000J2001. The filing pertains specifically to this class of equity securities and does not involve any preferred stock, debt instruments, or derivatives.
Nature and Extent of Beneficial Ownership
According to the filing, Daniel Leland Gnegy beneficially owns 111,000 shares of Hub Cyber Security Ltd.’s common stock. This amount constitutes 8.7 % of the total outstanding shares of that class. The beneficial ownership is broken down as follows: sole voting power over 111,000 shares, shared voting power of zero, sole dispositive power over 111,000 shares, and shared dispositive power of zero. Consequently, Gnegy exercises complete control over the voting and disposition of the reported shares without any co‑ownership or shared authority.
Exclusions and Aggregate Amount
The aggregate amount beneficially owned by the reporting person is explicitly stated as 111,000 shares. The form includes a checkbox indicating whether the aggregate amount excludes certain shares; in this case, the box is not checked, confirming that the 111,000‑share figure reflects the total beneficial ownership without any exclusions. The percentage of class represented by this amount is reiterated as 8.7 %.
Purpose of the Acquisition and Control Intent
Item 10 of the filing contains the required certification that the securities were not acquired and are not held for the purpose of, or with the effect of, changing or influencing the control of the issuer. Gnegy further certifies that the holdings are not connected with any transaction having that purpose or effect, except for activities solely related to a possible nomination under § 240.14a‑11 (which pertains to shareholder proposals and director nominations). This statement is intended to satisfy the disclosure obligations under Rule 13d‑1 and to demonstrate that the filing does not signal a change‑of‑control initiative.
Classification of the Reporting Person
Although the form provides a list of possible reporting‑person categories (e.g., broker‑dealer, bank, investment company, investment adviser, employee benefit plan, etc.), Gnegy does not check any of those boxes. Instead, the filing is submitted by an individual reporting person. This classification influences the applicability of certain exemptions and the level of detail required; individuals must still provide the same core information regarding ownership, voting power, and intent, but they are not subject to the additional disclosures that apply to institutional investors.
Signature, Date, and Certification
The statement concludes with a signature block dated May 19, 2026. Daniel Leland Gnegy signs the document, attesting that, after reasonable inquiry and to the best of his knowledge and belief, the information set forth is true, complete, and correct. The accompanying name/title line identifies him as an individual, and the date confirms the timeliness of the filing relative to the reporting requirements.
Summary of the Filing’s Significance
The filing provides transparency regarding a notable ownership stake—nearly nine percent—in Hub Cyber Security Ltd. held by a single individual. While the stake is substantial enough to trigger disclosure under the Securities Exchange Act, the accompanying certifications clarify that the holding is passive and not intended to affect corporate governance or control. For investors and market participants, the document signals that a significant portion of the company’s equity is concentrated in the hands of one private investor, yet there is no indication of activist intent or imminent changes to the board or management structure. The filing satisfies regulatory obligations and offers insight into the shareholder composition of the Israeli‑based cybersecurity firm.