Key Takeaways
- Adam Nunes, a director and 10 % beneficial owner of Hub Cyber Security Ltd. (ticker: HUBC), filed a Form 4 with the SEC on June 3, 2026.
- The filing reports two separate transactions in the company’s common stock that occurred on June 1 and June 2, 2026.
- On June 1, 2026, Nunes acquired 619,931 shares at an average price of approximately $0.04965 per share (transaction code “P” for purchase).
- On June 2, 2026, Nunes disposed of 629,415 shares at an average price of roughly $0.7224 per share (transaction code “S” for sale).
- After these trades, Nunes held 53,893 shares of Hub Cyber Security common stock directly (indicated by ownership form “D”).
- No derivative securities (options, warrants, etc.) were reported in the filing; Table II of the Form 4 remains blank.
- The filing includes the required signatures, dates, and certifications that the information is accurate and that intentional misstatements would constitute federal criminal violations.
Overview of the SEC Form 4 Filing
The document is a standard SEC Form 4 (“Statement of Changes in Beneficial Ownership”) submitted pursuant to Section 16(a) of the Securities Exchange Act of 1934. It reports transactions by insiders—officers, directors, or persons holding more than 10 % of a class of equity securities—that affect their beneficial ownership in the issuer. The form must be filed within two business days after the transaction date, and the filing date shown (June 3, 2026) satisfies that requirement.
Identifying Information of the Reporting Person
At the top of the form, the reporting person is identified as Adam Nunes. His address is listed as “3 WORLD TRADE CENTER, 175 GREENWICH STRE, 76TH FLOOR,” indicating a corporate office location. The form notes his relationship to Hub Cyber Security Ltd. as both a Director and a 10 % Owner (the relevant boxes are checked). No officer title or “other” relationship is indicated.
Issuer and Security Details
The issuer named in the filing is Hub Cyber Security Ltd., trading under the ticker symbol HUBC on the relevant exchange (the foreign trading symbol field is left blank). The security involved in the reported transactions is the issuer’s Common Stock, as indicated in Table I under “Title of Security.”
Transaction Details – Purchase on June 1, 2026
The first transaction appears on line 1 of Table I. The Transaction Date is 06/01/2026 (month/day/year). The Transaction Code is “P,” signifying a purchase. The number of shares Acquired (A) is 619,931. The Price field shows a value of $0.04965, which, given the context, represents the average price per share paid for the acquisition. Following the transaction, the Amount of Securities Beneficially Owned is reported as 53,893 shares (this figure reflects the net holdings after the purchase, taking into account prior holdings). The Ownership Form is marked “D” for direct ownership, and there is no indication of indirect holdings, so the “Nature of Indirect Beneficial Ownership” column is left blank.
Transaction Details – Sale on June 2, 2026
The second transaction is recorded on line 2 of Table I. The Transaction Date is 06/02/2026. The Transaction Code is “S,” indicating a sale. The number of shares Disposed Of (D) is 629,415. The Price field lists $0.7224, interpreted as the average price per share received for the sale. After this disposition, the Amount of Securities Beneficially Owned Following Reported Transaction(s) remains 53,893 shares, suggesting that the sale was offset by the prior purchase (or that the reporting person held additional shares not detailed in this excerpt). Again, the ownership form is “D” for direct ownership, with no indirect interests reported.
Post‑Transaction Holdings
The cumulative effect of the two trades leaves Adam Nunes with a direct beneficial ownership of 53,893 shares of Hub Cyber Security common stock. This figure is presented in column 5 of Table I (“Amount of Securities Beneficially Owned Following Reported Transaction(s)”). The form does not list any other classes of securities (e.g., preferred stock, warrants) held by the reporting person.
Derivative Securities Section (Table II)
Table II of the Form 4, which captures derivative securities such as options, warrants, or convertible instruments, contains no entries. All fields—ranging from the title of derivative security to the number of derivative securities beneficially owned—are blank or marked with placeholder dashes. Consequently, the filing indicates that Adam Nunes did not engage in any derivative transactions related to Hub Cyber Security during the reporting period.
Certification and Signature
At the bottom of the form, Adam Nunes signs and dates the document: Adam Nunes, 06/03/2026. The accompanying reminder statements emphasize that the form must be filed separately for each class of securities, that multiple reporting persons would require additional disclosures, and that intentional misstatements or omissions constitute federal criminal violations under 18 U.S.C. § 1001 and 15 U.S.C. § 78ff(a). The note also cites the OMB approval number (3235‑0287) and the estimated average burden of 0.5 hours per response.
Implications of the Filing
The disclosed transactions suggest a short‑term trading pattern: a relatively low‑priced purchase followed by a higher‑priced sale within a one‑day window. While the exact motivations cannot be ascertained from the Form 4 alone, such activity may reflect profit‑taking, portfolio rebalancing, or responses to material non‑public information (though the filing includes a checkbox for Rule 10b5‑1(c) plans, which is not checked here). The fact that the reporting person remains a director and a >10 % owner after the trades indicates continued significant influence over the company.
Conclusion
The SEC Form 4 filed by Adam Nunes on June 3, 2026, provides a transparent snapshot of two material changes in his beneficial ownership of Hub Cyber Security Ltd. common stock. By reporting a purchase of 619,931 shares at roughly $0.05 per share on June 1, 2026, and a subsequent sale of 629,415 shares at approximately $0.72 per share on June 2, 2026, the filing fulfills the insider‑trading disclosure requirements of Section 16(a) of the Exchange Act. No derivative positions were reported, and the post‑transaction direct holding stands at 53,893 shares. The document includes all requisite certifications and adheres to the formal formatting and procedural standards mandated by the SEC.