Key Takeaways
- Matthew James Schad, an individual residing in North Las Vegas, Nevada, holds 115,385 shares of Hub Cyber Security Ltd.’s common stock.
- This position represents approximately 9.0 % of the issuer’s outstanding common‑stock class.
- Schad possesses sole voting and dispositive power over all of the shares; there is no shared voting or dispositive authority with any other party.
- The filing is a Schedule 13D (or similar) indicating that the shares were not acquired for the purpose of influencing or changing control of Hub Cyber Security Ltd.
- Schad certifies, under penalty of perjury, that the information provided is true, complete, and correct as of the filing date (May 8, 2026).
- No affiliated entities, groups, or joint arrangements are reported; the holdings are solely attributable to Schad as an individual investor.
Background of the Reporting Person
Matthew James Schad is identified as a private individual whose principal residence is located at 2661 Hugger Orange Court, North Las Vegas, NV 89086, United States. He is a United States citizen, and the filing lists his occupation simply as an individual reporting person, with no indication of employment by a broker‑dealer, bank, insurance company, investment adviser, or any other institutional entity. The disclosure explicitly states that Schad does not fall into any of the categories of reporting persons delineated in the instructions (e.g., broker, bank, investment company, etc.), confirming that his status is that of a private shareholder acting on his own behalf.
Details of the Securities Held
The filing reports that Schad beneficially owns 115,385 shares of Hub Cyber Security Ltd.’s common stock. The CUSIP number associated with these securities is M6000J184. This quantity translates to a 9.0 % stake in the class of common stock issued by the issuer. Importantly, Schad holds sole voting power (115,385 votes) and sole dispositive power (115,385 shares) over the entire position, with zero shared voting or dispositive power reported. The aggregate amount beneficially owned mirrors the number of shares listed, and there is no indication that any portion of the holding is excluded from the calculation.
Nature of the Filing and Its Purpose
The document appears to be a Schedule 13D (or a related beneficial ownership statement) filed under Section 13(d) of the Securities Exchange Act of 1934. Schad checks the box indicating that the statement is not filed pursuant to any of the subsections that would require disclosure of a broker, bank, insurance company, investment company, investment adviser, employee benefit plan, parent holding company, savings association, church plan, non‑U.S. institution, or group. Consequently, the filing is made solely as an individual reporting person. In the certifications section, Schad affirms 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 Hub Cyber Security Ltd., nor are they held in connection with any transaction aimed at achieving such influence, except for activities related to a possible nomination under Rule 14a‑11.
Issuer Information
Hub Cyber Security Ltd., the issuer of the securities in question, is organized under the laws of Israel. Its principal executive offices are located at 2 KAPLAN ST., TEL AVIV, ISRAEL, 6473403. The company’s common stock is the class of security referenced in the filing. While the filing does not delve into the issuer’s business operations, financial condition, or recent developments, the address provides a point of reference for anyone seeking additional corporate details, such as the company’s website, SEC filings (if any), or press releases.
Absence of Related Arrangements
Several items in the form are marked “Not Applicable,” underscoring that Schad’s holding does not involve any of the more complex ownership structures that sometimes accompany large stakes. Specifically, there is no ownership of 5 percent or less of a class requiring separate disclosure, no ownership of more than 5 percent on behalf of another person, no subsidiary or parent‑holding‑company relationship, no group membership, and no notice of group dissolution. This reinforces the conclusion that the position is a straightforward, individually held investment without any attendant voting agreements, proxies, or concerted actions with other shareholders.
Certification and Signature
At the end of the filing, Schad provides a signed certification stating that, after reasonable inquiry and to the best of his knowledge and belief, the information set forth in the statement is true, complete, and correct. The signature line includes his name, “Matthew James Schad,” his title as an individual, and the date of execution: May 8, 2026. This certification carries the usual legal weight under federal securities law, making the filer liable for any material misstatements or omissions.
Overall Interpretation
Taken together, the disclosure reveals a notable but non‑controlling investment by a private U.S. individual in an Israeli‑based cybersecurity firm. A 9 % stake grants Schad considerable influence—particularly the ability to vote his shares in director elections and on significant corporate matters—yet the explicit disclaimer against seeking control suggests that his motivation is likely financial (e.g., capital appreciation, dividend expectations) rather than strategic or activist. The lack of any reported shared voting or dispositive power, along with the absence of affiliated entities or groups, indicates that Schad is acting independently. For market observers, the filing signals a material insider‑type holding that could affect voting outcomes on routine matters, though it does not meet thresholds that would trigger additional reporting obligations under the Williams Act or similar statutes concerning change‑of‑control transactions.
Prepared for informational purposes only; the summary does not constitute legal or investment advice.