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US Pre-Market SEC Filings Roundup — July 28, 2026

USA Before-Market Intelligence

By Gunpowder Editorial ·

33 high priority 17 medium priority 50 total filings analysed

Executive Summary

Overnight filings paint a bifurcated picture: robust operational performance at blue-chips like UPS, Hilton, and CenterPoint Energy is being masked by significant one-time transformation costs (UPS) or non-operating losses (CenterPoint), creating potential value dislocations. The IPO of Scribe Therapeutics ($SCTX) at $15.00 is the most prominent capital markets event, with strong insider buying at the offer price signaling management conviction.

A wave of insider option awards and stock grants at Scribe, SharpLink Gaming, and 5C Lending Partners suggests a focus on long-term incentive alignment. Conversely, a major insider sale at United Therapeutics and a 10% owner sale at Actelis Networks flash caution. The pending mega-merger between Axalta and AkzoNobel is progressing, with Axalta reporting record-low leverage. Key themes include a 'show-me' growth story at UPS, a strong travel demand signal from Hilton, and a significant order win for Ceragon in India.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: Form 4 · 425 · DEF 14A · 8-K · Schedule 13G · 10-Q

Tracking the trend? Catch up on the prior US Pre-Market SEC Filings Roundup digest from July 27, 2026.

Investment Signals (10)

  • Scribe Therapeutics (SCTX) (BULLISH)

    CFO and CBO bought shares at the $15.00 IPO price immediately post-offering, a powerful vote of confidence. Combined with a $119.7M IPO raise and a Sanofi private placement, this signals strong institutional and insider alignment.

  • Hilton Worldwide (HLT) (BULLISH)

    Q2 2026 diluted EPS of $2.10 beat prior year's $1.84, driven by 3.9% system-wide RevPAR growth. A record development pipeline of 541,300 rooms provides a clear multi-year growth catalyst.

  • United Parcel Service (UPS) (BEARISH)

    Q2 2026 GAAP operating profit collapsed 48% YoY to $930M due to $891M in transformation charges. While non-GAAP metrics improved, the massive cash cost of restructuring creates near-term earnings risk.

  • Navios Maritime Partners (NMM) (BULLISH)

    CEO Angeliki Frangou made a significant open-market purchase of ~$1M in common units via a 10b5-1 plan, the largest insider buy in this batch. This is a strong bullish signal from a key insider in a cyclical industry.

  • United Therapeutics (UTHR) (BEARISH)

    Chairperson & CEO Martine Rothblatt exercised options and immediately sold shares at ~$526, netting ~$827K. While part of a 10b5-1 plan, the combination of exercise and sale is a negative signal at current elevated prices.

  • Ceragon Networks (CRNT) (BULLISH)

    Disclosed ~$120M in orders from Indian operators YTD through July 2026. This is a material catalyst for a company with a ~$200M market cap, signaling strong demand in a key growth market.

  • CenterPoint Energy (CNP) (BEARISH)

    Q2 2026 net income rose 23% YoY to $244M, driven by utility operations. However, a $151M loss on equity securities (vs a $43M gain last year) is a significant volatility risk that could weigh on future earnings.

  • Axalta Coating Systems (AXTA) (BULLISH)

    Record Q2 Adjusted EBITDA of $305M (+5% YoY) and a record-low net leverage of 2.2x. The pending merger with AkzoNobel is on track, with a special meeting on Aug 5, 2026, creating a near-term catalyst.

  • COO Matthew Sternberg sold $257K worth of shares under a 10b5-1 plan. While pre-planned, the size of the sale relative to the COO's role is a minor negative signal.

  • Q2 2026 data shows a 61.4% YoY decline in parent company cash to R$33.2M and a 6.9% rise in credit loss provisions to R$751M. Deteriorating collection quality and a cash burn are significant red flags for the Brazilian telecom.

Risk Flags (8)

  • UPS/Transformation Risk [HIGH RISK]

    GAAP operating profit halved to $930M from $1.8B YoY due to $891M in after-tax charges from the Driver Choice Program. The company is spending heavily to restructure, creating execution risk and earnings dilution in the near term.

  • Overdue accounts >120 days rose to R$735.9M from R$685.0M at Dec 2025. The provision for expected credit losses increased 6.9% to R$751.1M, signaling a worsening macro environment for its customer base.

  • Recorded a $151M loss on equity securities in Q2 2026 vs a $43M gain in Q2 2025. This $194M swing is a major source of earnings volatility unrelated to its core utility business.

  • Actelis Networks (ATLS) [HIGH RISK]

    A 10% owner (White Lion Capital) sold 130,112 shares at $0.07, a near-penny stock price. This consistent selling by a major holder signals a lack of confidence in the company's near-term prospects.

  • Maison Solutions (MSS)/JV Risk [MEDIUM RISK]

    The formation of Maison AI Limited is contingent on Chinese investors paying $220K in six installments, with a long-stop date of March 31, 2027. The deal structure is complex and carries significant execution and counterparty risk.

  • Lyell Immunopharma (LYEL) [MEDIUM RISK]

    A 10% owner, Innovative Cellular Therapeutics, disposed of 44,000 shares. While small in absolute terms, any insider selling by a major holder in a pre-revenue biotech is a cautionary signal.

  • ProMIS Neurosciences (PMN)/Blinded Data Risk [HIGH RISK]

    The positive Phase 1b data for PMN310 is from a blinded, pooled interim analysis. The 3:1 randomization means the results could be skewed by the placebo group. Unblinded 12-month data is not expected until Q1 2027, creating a long period of uncertainty.

  • SharpLink Gaming (SBET) [MEDIUM RISK]

    CEO and CFO had significant shares withheld for taxes ($291K and $123K respectively) at $5.81. While not discretionary sales, the high volume of tax-withholding transactions suggests a large portion of insider compensation is in stock, creating potential future selling pressure.

Opportunities (8)

  • Scribe Therapeutics (SCTX)/IPO Catalyst (OPPORTUNITY)

    Priced at $15.00, the IPO raised $119.7M. With CFO and CBO buying at the offer price and a Sanofi private placement, the stock has a strong support level. The lead candidate STX-1150 is in a first-in-human trial, offering a high-risk/high-reward biotech play.

  • Hilton Worldwide (HLT)/Record Pipeline (OPPORTUNITY)

    A record 541,300 rooms in development provides a clear, multi-year visibility into revenue and fee growth. Combined with 3.9% RevPAR growth, Hilton is a best-in-class play on resilient travel demand.

  • Ceragon Networks (CRNT)/India 5G Buildout (OPPORTUNITY)

    The $120M in YTD orders from India is a massive catalyst for a company with a ~$200M market cap. This suggests the company is winning meaningful market share in the Indian 5G rollout, a multi-year growth driver.

  • Navios Maritime Partners (NMM)/CEO Buying (OPPORTUNITY)

    The CEO's ~$1M open-market purchase is a powerful insider signal. NMM trades on a yield and the CEO's conviction suggests she sees value and strong cash flow generation ahead.

  • Axalta Coating Systems (AXTA)/Merger Arbitrage (OPPORTUNITY)

    The pending merger of equals with AkzoNobel is on track. With a special meeting on Aug 5, 2026, and Axalta reporting record-low leverage, the deal is de-risking. Any spread between current price and deal terms offers a near-term arbitrage opportunity.

  • CenterPoint Energy (CNP)/Core Business Strength (OPPORTUNITY)

    Excluding the volatile equity securities line, Q2 net income grew 23% YoY. The core utility business is benefiting from lower natural gas costs and higher revenues. If the non-operating losses are one-off, the stock could re-rate.

  • UPS/Post-Transformation Value Play (OPPORTUNITY)

    The massive $891M charge is depressing GAAP earnings. If the Driver Choice Program successfully restructures the workforce, the company could emerge with a leaner cost structure. For patient investors, the dip from transformation charges could be a buying opportunity.

  • 5C Lending Partners (5CLP)/Insider Alignment (OPPORTUNITY)

    Co-Presidents and directors were awarded significant stock grants at $24.29, totaling over $1M in value. This aligns management with shareholders and suggests confidence in the company's strategy and valuation at current levels.

Sector Themes (6)

  • Travel & Leisure Demand Remains Robust (THEME)

    Hilton's 3.9% RevPAR growth and record pipeline confirm strong travel demand. This contrasts with any fears of a consumer slowdown, suggesting the sector has pricing power and volume growth.

  • Logistics Undergoing Painful Restructuring (THEME)

    UPS's massive $891M transformation charge highlights the intense pressure on legacy logistics models to adapt to e-commerce and automation. The market is rewarding non-GAAP metrics but punishing GAAP earnings, creating a divergence.

  • Biotech Insider Confidence at IPO (THEME)

    The insider buying at Scribe Therapeutics ($15.00) by the CFO and CBO is a notable pattern. It suggests that insiders at clinical-stage biotechs see their own stock as undervalued at the IPO price, a bullish signal for the sector.

  • Capital Allocation: Buybacks vs. Dividends vs. M&A (THEME)

    Equinor is executing its buyback program. Axalta is pursuing a transformative merger. Hilton is generating strong cash flow. The filings show a wide range of capital allocation strategies, with M&A and buybacks being the dominant themes over dividend increases.

  • Emerging Market Exposure as a Key Catalyst (THEME)

    Ceragon's $120M India order and TIM S.A.'s deteriorating credit quality in Brazil both highlight the binary nature of emerging market exposure. It can be a massive growth driver (Ceragon) or a source of significant risk (TIM).

  • Insider Stock Awards Outpacing Cash Compensation (THEME)

    Multiple filings (Scribe, SharpLink, 5C Lending) show large stock and option awards to executives and directors. This trend towards equity-heavy compensation is aligning long-term interests but also creates potential future overhang from tax-withholding sales.

Watch List (8)

  • Axalta Coating Systems (AXTA) (WATCH)
    👁

    Special general meeting to vote on AkzoNobel merger on August 5, 2026. The outcome will determine the future of the combined entity.

  • ProMIS Neurosciences (PMN) (WATCH)
    👁

    Unblinded 12-month topline data for the PRECISE-AD Phase 1b trial of PMN310 expected in Q1 2027. This is a binary event for the stock.

  • United Parcel Service (UPS) (WATCH)
    👁

    Monitor Q3 2026 results for progress on the Driver Choice Program restructuring. The pace of cost savings realization vs. further charges will be key.

  • Scribe Therapeutics (SCTX) (WATCH)
    👁

    First trading day post-IPO. Watch for price stability around the $15.00 offer price and any further insider transactions.

  • Maison Solutions (MSS) (WATCH)
    👁

    The formation of Maison AI Limited is subject to conditions and a long-stop date of March 31, 2027. Watch for any 8-K filings regarding the receipt of the first installment payments from Chinese investors.

  • 👁

    The sharp decline in cash and rise in credit provisions are red flags. Watch for the next quarterly report to see if these trends are accelerating or stabilizing.

  • Gen Digital (GEN) (WATCH)
    👁

    Annual Meeting of Stockholders on September 9, 2026. The advisory vote on executive compensation will be a key test of shareholder sentiment.

  • CenterPoint Energy (CNP) (WATCH)
    👁

    The $2.6B in current assets held for sale is a major overhang. Watch for announcements regarding the sale of these assets, which could unlock significant value.

Filing Analyses (50)
Snow Rothschild Acquisition Corp. 4 neutral materiality 2/10

27-07-2026

10% owner SNOW ROTHSCHILD ACQUISITION SPONSOR LLC disposed of 100,000 Class B Ordinary Shares.

  • · 10% owner SNOW ROTHSCHILD ACQUISITION SPONSOR LLC disposed of 100,000 Class B Ordinary Shares
AEHR TEST SYSTEMS 4 neutral materiality 2/10

27-07-2026

VP Contactor Business Unit SPORCK ALISTAIR N had withheld for taxes 133 Common Stock at $77.48 (~$10.3K). SPORCK ALISTAIR N holds 25,547 shares after the transaction.

  • · VP Contactor Business Unit SPORCK ALISTAIR N had withheld for taxes 133 Common Stock at $77.48 (~$10.3K)
AEHR TEST SYSTEMS 4 neutral materiality 2/10

27-07-2026

Exec VP of Sales & Mktg. ROGERS VERNON had withheld for taxes 198 Common Stock at $77.48 (~$15.3K). ROGERS VERNON holds 192,226 shares after the transaction.

  • · Exec VP of Sales & Mktg. ROGERS VERNON had withheld for taxes 198 Common Stock at $77.48 (~$15.3K)
Scribe Therapeutics, Inc. 4 neutral materiality 5/10

27-07-2026

Director Aghazadeh Behzad was awarded 14,725 Stock Option (Right to Buy).

  • · Director Aghazadeh Behzad was awarded 14,725 Stock Option (Right to Buy)
Navios Maritime Partners L.P. 4 positive materiality 5/10

27-07-2026

See Remarks Frangou Angeliki bought 1,131 Common Unit at $748,119.00 (~$846M). Frangou Angeliki holds 4,778,836 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · See Remarks Frangou Angeliki bought 1,131 Common Unit at $748,119.00 (~$846M)
  • · See Remarks Frangou Angeliki bought 1,084 Common Unit at $79.02 (~$85.7K)
  • · See Remarks Frangou Angeliki bought 1,053 Common Unit at $77.64 (~$81.8K)
Lyell Immunopharma, Inc. 4 neutral materiality 2/10

27-07-2026

10% owner Innovative Cellular Therapeutics Holdings Ltd disposed of 44,000 Common Stock. Innovative Cellular Therapeutics Holdings Ltd holds 2,774,980 shares after the transaction.

  • · 10% owner Innovative Cellular Therapeutics Holdings Ltd disposed of 44,000 Common Stock
AEHR TEST SYSTEMS 4 neutral materiality 4/10

27-07-2026

President and CEO Erickson Gayn had withheld for taxes 1,057 Common Stock at $77.48 (~$81.9K). Erickson Gayn holds 197,521 shares after the transaction.

  • · President and CEO Erickson Gayn had withheld for taxes 1,057 Common Stock at $77.48 (~$81.9K)
Scribe Therapeutics, Inc. 4 neutral materiality 6/10

27-07-2026

President, CEO Oakes Benjamin L. was awarded 12,969 Stock Option (Right to Buy).

  • · President, CEO Oakes Benjamin L. was awarded 12,969 Stock Option (Right to Buy)
  • · President, CEO Oakes Benjamin L. was awarded 264,784 Stock Option (Right to Buy)
  • · President, CEO Oakes Benjamin L. was awarded 429,599 Performance-based Stock Option (Right to Buy)
Scribe Therapeutics, Inc. 4 neutral materiality 5/10

27-07-2026

Director GORDON CARL L was awarded 14,725 Stock Option (Right to Buy).

  • · Director GORDON CARL L was awarded 14,725 Stock Option (Right to Buy)
Scribe Therapeutics, Inc. 4 neutral materiality 5/10

27-07-2026

Director Watson James Dean was awarded 14,725 Stock Option (Right to Buy).

  • · Director Watson James Dean was awarded 14,725 Stock Option (Right to Buy)
Scribe Therapeutics, Inc. 4 neutral materiality 5/10

27-07-2026

Director Bleharski Joshua was awarded 14,725 Stock Option (Right to Buy).

  • · Director Bleharski Joshua was awarded 14,725 Stock Option (Right to Buy)
Scribe Therapeutics, Inc. 4 positive materiality 7/10

27-07-2026

Chief Financial Officer Parrot David bought 1,333 Common Stock at $15.00 (~$20K). 5 transactions reported in total. Parrot David holds 1,333 shares after the transaction.

  • · Chief Financial Officer Parrot David bought 1,333 Common Stock at $15.00 (~$20K)
  • · Chief Financial Officer Parrot David bought 1,333 Common Stock at $15.00 (~$20K)
  • · Chief Financial Officer Parrot David was awarded 8,909 Stock Option (Right to Buy)
  • · Chief Financial Officer Parrot David was awarded 109,426 Stock Option (Right to Buy)
  • · Chief Financial Officer Parrot David was awarded 109,426 Performance-based Stock Option (Right to Buy)
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

Co-President Koester Michael E was awarded 16,477 Shares of Common Stock, par value $0.001 per share at $24.29 (~$400K). Koester Michael E holds 111,471 shares after the transaction.

  • · Co-President Koester Michael E was awarded 6,281 Shares of Common Stock, par value $0.001 per share at $24.29 (~$153K)
  • · Co-President Koester Michael E was awarded 16,477 Shares of Common Stock, par value $0.001 per share at $24.29 (~$400K)
Accelerant Holdings 4 negative materiality 3/10

27-07-2026

COO, Risk Exchange Sternberg Matthew David sold 17,568 Class A Common Shares at $14.64 (~$257K). Sternberg Matthew David holds 596,482 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · COO, Risk Exchange Sternberg Matthew David had withheld for taxes 3,910 Class A Common Shares at $13.77 (~$53.8K)
  • · COO, Risk Exchange Sternberg Matthew David sold 17,568 Class A Common Shares at $14.64 (~$257K)
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

Co-President Connolly Thomas was awarded 16,084 Shares of Common Stock, par value $0.001 per share at $24.29 (~$391K). Connolly Thomas holds 108,839 shares after the transaction.

  • · Co-President Connolly Thomas was awarded 6,673 Shares of Common Stock, par value $0.001 per share at $24.29 (~$162K)
  • · Co-President Connolly Thomas was awarded 16,084 Shares of Common Stock, par value $0.001 per share at $24.29 (~$391K)
UNITED THERAPEUTICS Corp 4 negative materiality 6/10

27-07-2026

Chairperson & CEO ROTHBLATT MARTINE A exercised/converted 9,500 Common Stock at $135.42 (~$1.29M). 11 transactions reported in total. ROTHBLATT MARTINE A holds 324,443 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chairperson & CEO ROTHBLATT MARTINE A exercised/converted 9,500 Common Stock at $135.42 (~$1.29M)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 680 Common Stock at $525.81 (~$358K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 890 Common Stock at $527.14 (~$469K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 650 Common Stock at $528.51 (~$344K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 1,797 Common Stock at $529.75 (~$952K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 1,121 Common Stock at $530.49 (~$595K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 1,836 Common Stock at $531.65 (~$976K)
  • · Chairperson & CEO ROTHBLATT MARTINE A sold 1,529 Common Stock at $532.38 (~$814K)
Loop Industries, Inc. 4 neutral materiality 4/10

27-07-2026

Director GEYGAN JEFFREY RICHART was awarded 105,263 Common stock, par value $0.0001 per share. GEYGAN JEFFREY RICHART holds 3,231,969 shares after the transaction.

  • · Director GEYGAN JEFFREY RICHART was awarded 105,263 Common stock, par value $0.0001 per share
  • · Director GEYGAN JEFFREY RICHART disposed of 4,760 Common stock, par value $0.0001 per share
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

Director LAWRY SETH W was awarded 2,275 Shares of Common Stock, par value $0.001 per share at $24.29 (~$55.3K). LAWRY SETH W holds 15,286 shares after the transaction.

  • · Director LAWRY SETH W was awarded 2,275 Shares of Common Stock, par value $0.001 per share at $24.29 (~$55.3K)
Scribe Therapeutics, Inc. 4 positive materiality 6/10

27-07-2026

Chief Business Officer Lucas Svetlana bought 3,000 Common Stock at $15.00 (~$45K). 4 transactions reported in total. Lucas Svetlana holds 3,000 shares after the transaction.

  • · Chief Business Officer Lucas Svetlana bought 3,000 Common Stock at $15.00 (~$45K)
  • · Chief Business Officer Lucas Svetlana was awarded 9,547 Stock Option (Right to Buy)
  • · Chief Business Officer Lucas Svetlana was awarded 109,426 Stock Option (Right to Buy)
  • · Chief Business Officer Lucas Svetlana was awarded 109,426 Performance-based Stock Option (Right to Buy)
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

Vice President Fair James Thomas was awarded 568 Shares of Common Stock, par value $0.001 per share at $24.29 (~$13.8K). Fair James Thomas holds 3,822 shares after the transaction.

  • · Vice President Fair James Thomas was awarded 568 Shares of Common Stock, par value $0.001 per share at $24.29 (~$13.8K)
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

Director Finnerty Sheila A was awarded 682 Shares of Common Stock, par value $0.001 per share at $24.29 (~$16.6K). Finnerty Sheila A holds 4,708 shares after the transaction.

  • · Director Finnerty Sheila A was awarded 682 Shares of Common Stock, par value $0.001 per share at $24.29 (~$16.6K)
5C Lending Partners Corp. 4 neutral materiality 4/10

27-07-2026

CFO, Treasurer and Secretary Roos Jason T was awarded 56 Shares of Common Stock, par value $0.001 per share at $24.29 (~$1.36K). Roos Jason T holds 382 shares after the transaction.

  • · CFO, Treasurer and Secretary Roos Jason T was awarded 56 Shares of Common Stock, par value $0.001 per share at $24.29 (~$1.36K)
ACTELIS NETWORKS INC 4 negative materiality 2/10

27-07-2026

10% owner White Lion Capital LLC sold 130,112 Common Stock at $0.07 (~$9.11K). White Lion Capital LLC holds 2,789,439 shares after the transaction.

  • · 10% owner White Lion Capital LLC sold 80,449 Common Stock at $0.07 (~$5.63K)
  • · 10% owner White Lion Capital LLC sold 130,112 Common Stock at $0.07 (~$9.11K)
SharpLink Gaming, Inc. 4 neutral materiality 4/10

27-07-2026

Chief Executive Officer Chalom Joseph had withheld for taxes 50,147 Common Stock at $5.81 (~$291K). Chalom Joseph holds 1,064,360 shares after the transaction.

  • · Chief Executive Officer Chalom Joseph had withheld for taxes 50,147 Common Stock at $5.81 (~$291K)
SharpLink Gaming, Inc. 4 neutral materiality 4/10

27-07-2026

Director Bernhard Leslie was awarded 24,999 Common Stock. Bernhard Leslie holds 74,996 shares after the transaction.

  • · Director Bernhard Leslie was awarded 24,999 Common Stock
SharpLink Gaming, Inc. 4 neutral materiality 3/10

27-07-2026

Chief Development Officer Camarda Michael D had withheld for taxes 24,922 Common Stock at $5.81 (~$145K). Camarda Michael D holds 600,224 shares after the transaction.

  • · Chief Development Officer Camarda Michael D had withheld for taxes 24,922 Common Stock at $5.81 (~$145K)
SharpLink Gaming, Inc. 4 neutral materiality 4/10

27-07-2026

Director GUTKOWSKI ROBERT M was awarded 24,999 Common Stock. GUTKOWSKI ROBERT M holds 74,996 shares after the transaction.

  • · Director GUTKOWSKI ROBERT M was awarded 24,999 Common Stock
SharpLink Gaming, Inc. 4 neutral materiality 4/10

27-07-2026

Chief Financial Officer DeLucia Robert Michael had withheld for taxes 21,124 Common Stock at $5.81 (~$123K). DeLucia Robert Michael holds 412,336 shares after the transaction.

  • · Chief Financial Officer DeLucia Robert Michael had withheld for taxes 21,124 Common Stock at $5.81 (~$123K)
Scribe Therapeutics, Inc. 424B4 neutral materiality 9/10

27-07-2026

Scribe Therapeutics priced its initial public offering of 8,580,000 shares at $15.00 per share, raising approximately $119.7 million in net proceeds. The company is a clinical-stage biotechnology firm developing CRISPR-based therapies for cardiovascular diseases, with its lead candidate STX-1150 in a first-in-human trial. Concurrently, Sanofi has agreed to purchase 500,000 shares in a private placement at the same price, though the offering is not contingent on that placement.

  • · The IPO price is $15.00 per share, and the stock is approved for listing on Nasdaq under symbol 'SCTX'.
  • · Scribe is an 'emerging growth company' and 'smaller reporting company', electing reduced reporting requirements.
  • · The underwriters have a 30-day option to purchase up to 1,287,000 additional shares.
  • · Up to 5% of the offered shares are reserved for a directed share program for directors, officers, and employees.
  • · STX-1150 uses ELXR epigenetic silencing to target PCSK9 and aims to lower LDL-C without permanent DNA changes.
  • · Initial data from the STX-1150 trial is expected in the first half of 2027.
  • · STX-1200 and STX-1400 are XE-based gene editing programs targeting Lp(a) and triglycerides, respectively.
  • · Phase 1 trial for one of STX-1200 or STX-1400 is expected as early as 2027, and the other in 2028.
  • · The PCSK9 LDL-C lowering market currently exceeds $5 billion annually but fewer than 1% of eligible patients are treated.
UNILEVER PLC 425 neutral materiality 8/10

27-07-2026

Unilever PLC filed this 425 communication in connection with the proposed business combination between McCormick & Company, Inc. and Sandman Corporation, an indirect wholly owned subsidiary of Unilever. The transaction involves the separation of Unilever Foods from Unilever and its combination with McCormick. The filing contains extensive cautionary language regarding forward-looking statements and risks, but does not disclose any specific financial terms, deal value, or performance metrics.

  • · The transaction is structured as a business combination between McCormick and Sandman Corporation (an indirect wholly owned subsidiary of Unilever).
  • · The filing serves as a solicitation of proxies from McCormick's shareholders in connection with the proposed transaction.
  • · The parties intend to file a registration statement on Form S-4 (McCormick) and a registration statement on Form 10 (Unilever Foods entity) with the SEC.
  • · The filing includes a cautionary statement regarding forward-looking statements and identifies numerous risks including failure to obtain regulatory approvals, McCormick shareholder approval, and financing.
TIM S.A. 6-K mixed materiality 6/10

28-07-2026

TIM S.A. reported its quarterly financial information for the period ended June 30, 2026, showing a mixed performance. Trade accounts receivable increased 3.1% to R$5.26 billion (consolidated) from R$5.04 billion at year-end 2025, driven by growth in billed and unbilled services. However, cash and cash equivalents declined sharply by 61.4% to R$33.2 million (parent company) from R$85.9 million, and the provision for expected credit losses rose 6.9% to R$751.1 million, indicating deteriorating collection quality.

  • · Parent company gross accounts receivable increased to R$5.95 billion from R$5.74 billion at Dec 2025.
  • · Overdue accounts >120 days rose to R$735.9 million (parent) from R$685.0 million at Dec 2025.
  • · Parent company inventory of cell phones and tablets increased 21.2% to R$326.7 million from R$269.6 million.
  • · Parent company free availability financial investments (CDBs/Repurchases) decreased to R$2.52 billion from R$3.52 billion at Dec 2025.
  • · Consolidated FUNCINE investment increased to R$29.6 million from R$26.3 million at Dec 2025.
Gen Digital Inc. DEF 14A neutral materiality 5/10

28-07-2026

Gen Digital Inc. filed its definitive proxy statement (DEF 14A) for the 2026 Annual Meeting of Stockholders, to be held virtually on September 9, 2026. The meeting will include the election of nine director nominees, ratification of KPMG LLP as independent auditor for FY2027, and an advisory vote on executive compensation. The filing details the company's executive compensation program, which emphasizes at-risk, performance-based pay with capped payouts, robust clawback and stock ownership policies, and a 'double-trigger' change-in-control provision.

  • · The record date for voting is July 14, 2026.
  • · The Board recommends a vote FOR all three proposals: election of directors, ratification of KPMG, and advisory vote on executive compensation.
  • · The Compensation and Leadership Development Committee incorporated responsible business metrics into the annual incentive plan for FY26.
  • · The company maintains a policy requiring stockholder approval of any cash severance benefits exceeding 2.99 times the sum of base salary plus target bonus.
  • · All current directors attended at least 75% of meetings held.
  • · The Technology and Cybersecurity Committee was dissolved in June 2025.
  • · On July 18, 2025, Susan P. Barsamian was appointed Lead Independent Director and Vincent Pilette was named Chair of the Board.
Clinuvel Pharmaceuticals Ltd 6-K neutral materiality 3/10

28-07-2026

Clinuvel Pharmaceuticals Limited filed a Form 6-K with the SEC on July 28, 2026, attaching a press release providing an update on SCENESSE® in vitiligo. The filing does not disclose specific financial results or performance metrics, making it a regulatory update rather than a comprehensive financial report.

  • · The press release is dated July 28, 2026.
  • · The filing references an Australian Securities Exchange announcement attached as Exhibit 99.1.
  • · No financial figures or performance metrics are provided in this filing.
ProMIS Neurosciences Inc. 8-K mixed materiality 8/10

28-07-2026

ProMIS Neurosciences reported positive blinded six-month interim data from the PRECISE-AD Phase 1b trial of PMN310 in 136 early Alzheimer's patients. The drug showed a favorable safety profile with no ARIA-E cases, 4.4% total ARIA (all mild and asymptomatic), and early biomarker movement (68.5% of patients had a decline in plasma pTau217, 62.5% in CSF MTBR-tau243). However, these are blinded, pooled interim observations—treatment allocations are unknown—and trends may not reflect clinical efficacy; unblinded 12-month topline results are expected Q1 2027.

  • · No ARIA-E observed across any genotype, including high-risk APOE4 carriers.
  • · No treatment-related serious adverse events or drug-related discontinuations reported.
  • · Trial is 3:1 active-to-placebo randomized, blinded.
  • · Blinded biomarker observations are not a determination of efficacy and may not reflect clinical effects.
  • · Unblinded 12-month topline data expected Q1 2027.
  • · Company hosted a virtual webinar on July 28, 2026 with key opinion leaders.
Ellomay Capital Ltd. SC 13G/A neutral materiality 3/10

28-07-2026

Menora Mivtachim Holdings Ltd. and its subsidiaries filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 961,373 ordinary shares of Ellomay Capital Ltd., representing 6.97% of the 13,783,230 shares outstanding as of July 26, 2026. The filing is an amendment to a prior 13G and reflects a slight decrease in ownership from the previous filing, as the group's stake remains below the 10% threshold.

  • · The filing is an amendment to a Schedule 13G originally filed on August 4, 2025, with a joint filing agreement dated July 28, 2025.
  • · The securities are held for the benefit of insurance policy holders, portfolio account owners, and members of provident or pension funds.
  • · Menora Mivtachim Holdings Ltd. disclaims beneficial ownership except for its pecuniary interest.
  • · The filing is made under Rule 13d-1(c), indicating the filer is a passive investor not seeking to change or influence control.
EQUINOR ASA 6-K neutral materiality 3/10

28-07-2026

Equinor ASA disclosed transactions under the third tranche of its 2026 share buy-back programme, repurchasing 220,000 shares on the Oslo Stock Exchange (OSE) over July 23-24, 2026, at a weighted average price of NOK 391.4877 per share, for a total consideration of NOK 86,127,300. No transactions were executed on CEUX or TQEX during this period.

  • · Daily weighted average share price on OSE was NOK 394.8606 on July 23 and NOK 388.6770 on July 24.
  • · No buy-backs were executed on CEUX or TQEX during the reported period.
ING GROEP NV 6-K neutral materiality 1/10

28-07-2026

ING Groep N.V. filed a Form 6-K with the SEC on July 28, 2026, attaching a press release of the same date. The filing is a routine foreign issuer report and does not contain any financial results or material operational updates.

TAT TECHNOLOGIES LTD SC 13G/A neutral materiality 3/10

28-07-2026

Y.D. More Investments Ltd. and related entities filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 703,048 ordinary shares of TAT Technologies Ltd., representing 5.42% of the 12,983,137 shares outstanding as of June 30, 2026. The filing is an amendment to a prior 13G and reflects no change in the reporting persons' holdings or percentage ownership from the previous filing, indicating a stable, passive investment position.

  • · The filing is an amendment (Schedule 13G/A) to a prior 13G filed on September 12, 2024.
  • · The securities are held for the benefit of provident/pension fund beneficiaries, mutual fund investors, and portfolio management clients, not for the purpose of changing or influencing control of the issuer.
  • · More Investment House Portfolio Management Ltd. reported 0 shares and 0% ownership.
  • · Y.D. More Investments Ltd. is controlled through a voting agreement among Yosef Meirov (directly and through B.Y.M.), Benjamin Meirov, Yosef Levy, and Eli Levy (through Elldot Ltd.).
  • · More Provident Funds and Pension Ltd. is a majority-owned subsidiary of Y.D. More (65.75% ownership).
UNITED PARCEL SERVICE INC 8-K mixed materiality 9/10

28-07-2026

UPS reported Q2 2026 consolidated revenues of $22.8B, up from $21.2B in Q2 2025, with non-GAAP adjusted operating profit of $2.1B, up from $1.9B. However, GAAP operating profit fell sharply to $930M from $1.8B due to $891M in after-tax transformation charges, and GAAP diluted EPS dropped to $0.71 from $1.65. The company raised full-year 2026 guidance: revenue to ~$91.2B, non-GAAP adjusted operating profit to ~$8.65B, and non-GAAP adjusted diluted EPS to ~$7.22.

  • · GAAP results included after-tax transformation charges of $891M ($1.05 per diluted share) primarily from employee separation costs related to the Driver Choice Program.
  • · U.S. Domestic Segment GAAP operating margin was 0.1%; non-GAAP adjusted operating margin was 8.0%.
  • · International Segment operating margin on both GAAP and non-GAAP adjusted basis was 12.4%.
  • · Supply Chain Solutions operating margin on both GAAP and non-GAAP adjusted basis was 10.2%.
  • · In first six months of 2026, UPS achieved ~$1.2B in program benefits from transformation initiatives; expects ~$3B in full-year 2026 benefits.
  • · Transformation initiatives expected to conclude by 2027.
  • · UPS confirms expected 2026 capital expenditures of ~$3.0B and dividend payments of ~$5.4B.
  • · Effective tax rate for 2026 still expected to be approximately 23.0%.
  • · 2025 full-year revenue was $88.7B.
Maison Solutions Inc. 8-K mixed materiality 7/10

28-07-2026

Maison Solutions Inc. (MSS) and its wholly owned subsidiary AZLL LLC entered into a Formation, Subscription and Software Contribution Agreement (dated July 22, 2026) to form Maison AI Limited in Hong Kong. AZLL will subscribe for 200 of 222 issued ordinary shares (approximately 90.0901%) in consideration for MSS's Software valued at US$2,000,000, while two Chinese investors (Hangzhou Shengxianbao Technology Co., Ltd. and Yiwu Yanghan E-Commerce Firm) will each subscribe for 11 shares (approximately 4.9550% each) for cash of US$110,000 each (US$220,000 aggregate) payable in six monthly installments beginning on or about September 1, 2026; however, the cash subscribers’ shares will be partly paid until full payment and Closing is subject to conditions and may be terminated if not closed by March 31, 2027.

  • · The cash subscriptions of US$110,000 each are payable in six monthly installments with the first installment due on the later of September 1, 2026 and the fifth Business Day after incorporation and bank account availability.
  • · MSS and its subsidiaries retain a perpetual, worldwide, non-exclusive, irrevocable, royalty-free right to use, host, operate, maintain, modify and integrate the Software for internal business purposes; MSS may not sell or sublicense the Software to unrelated third parties except with the Company’s written consent.
  • · Closing is subject to customary conditions (incorporation, approvals, release of any liens on the Software) and the Shareholders Agreement has not been executed and will only become effective if executed by all shareholders at Closing.
  • · The Formation Agreement may be terminated if Closing has not occurred by March 31, 2027.
  • · Until fully paid, the subscribers’ Shares are partly paid shares and are subject to Articles, this Agreement and the Shareholders Agreement; Articles will include calls, suspension, forfeiture and other provisions under Hong Kong law.
Odysight.ai Inc. SC 13G/A neutral materiality 3/10

28-07-2026

Y.D. More Investments Ltd. and related entities filed an amended Schedule 13G with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 636,066 shares of Odysight.ai Inc. common stock as of June 30, 2026, representing 3.79% of the outstanding shares. The filing is a routine update of beneficial ownership and does not indicate any change in control intent.

  • · The filing is an amendment (13G/A) to a prior Schedule 13G, indicating an update to beneficial ownership information.
  • · The reporting persons certify that the securities were not acquired with the purpose of changing or influencing control of the issuer.
  • · More Provident Funds & Pension Ltd. is a majority-owned subsidiary of Y.D. More Investments Ltd. (65.75% ownership).
  • · More Mutual and More Investment are wholly-owned subsidiaries of Y.D. More.
  • · Y.D. More is controlled through a voting agreement among Yosef Meirov (directly and through B.Y.M.), Benjamin Meirov, Yosef Levy, and Eli Levy (through Elldot Ltd.).
ECOPETROL S.A. 6-K neutral materiality 1/10

28-07-2026

Ecopetrol S.A. filed a Form 6-K with the SEC for the month of July 2026, signed by CFO Alfonso Camilo Barco. The filing is a routine foreign private issuer report and contains no financial results, material events, or operational updates.

CENTERPOINT ENERGY INC 10-Q mixed materiality 8/10

28-07-2026

CenterPoint Energy reported net income of $244M for Q2 2026, up 23.2% from $198M in Q2 2025, driven by higher utility revenues and lower natural gas costs. However, the company recorded a $151M loss on equity securities in Q2 2026 versus a $43M gain in the prior-year period, partially offset by a $148M gain on indexed debt securities. For the six months ended June 30, 2026, net income rose 13.1% to $560M from $495M, while basic EPS increased to $0.85 from $0.76.

  • · Weighted average diluted shares outstanding increased to 666M in Q2 2026 from 654M in Q2 2025.
  • · Investment in equity securities decreased to $404M as of June 30, 2026 from $510M at December 31, 2025.
  • · Current assets held for sale remained substantial at $2,617M as of June 30, 2026, compared to $2,669M at year-end 2025.
  • · Regulatory assets (non-current) increased to $3,619M from $3,005M, largely due to VIE-related amounts.
  • · Property, plant and equipment, net grew 3.9% to $35,383M from $34,056M.
  • · The company recorded a loss on sale of $0 in the six months ended June 30, 2026 versus a $43M loss in the prior-year period.
  • · Interest expense on Securitization Bonds surged to $21M in Q2 2026 from $4M in Q2 2025.
  • · Cash and cash equivalents increased to $49M from $38M at year-end 2025.
Baidu, Inc. 6-K neutral materiality 1/10

28-07-2026

Baidu, Inc. filed a Form 6-K with the SEC on July 28, 2026, for the month of July 2026, attaching a press release as Exhibit 99.1. The filing is a routine foreign private issuer report under Rule 13a-16 or 15d-16, signed by CFO Haijian He. No specific financial results or material events are detailed in the filing itself, only the cover and signature pages.

  • · The filing is a Form 6-K for the month of July 2026.
  • · Commission File Number: 000-51469.
  • · The registrant files annual reports under Form 20-F.
  • · The press release (Exhibit 99.1) is referenced but not included in the provided text.
Axalta Coating Systems Ltd. 8-K mixed materiality 8/10

28-07-2026

Axalta reported Q2 2026 net sales of $1.35B (+3% YoY) and record Adjusted EBITDA of $305M (+5% YoY) with a 22.7% margin. However, GAAP net income fell 19% YoY to $89M due to $31M in merger-related costs, and diluted EPS declined to $0.41 from $0.50. The company also highlighted its pending merger of equals with AkzoNobel, with a special general meeting scheduled for August 5, 2026.

  • · Total net leverage of 2.2x, the lowest in Axalta's history.
  • · Performance Coatings segment net sales $872M (+4% YoY) with organic growth in Europe and Asia, partially offset by lower volumes in North America.
  • · Mobility Coatings Light Vehicle net sales declined slightly year over year.
  • · Industrial net sales +2% YoY to $327M with positive volume growth in Europe and Asia offsetting lower North America volumes.
  • · Q3 2026 guidance: Adjusted EBITDA $295M-$305M; FY 2026 guidance: Adjusted EBITDA $1.14B-$1.17B, Adjusted Diluted EPS $2.55-$2.70, Free Cash Flow >$500M.
  • · Special General Meeting to approve AkzoNobel merger scheduled for August 5, 2026.
  • · Merger-related costs of $31M impacted net income in Q2 2026.
GDS Holdings Ltd 6-K neutral materiality 2/10

28-07-2026

GDS Holdings Limited filed a Form 6-K with the SEC on July 28, 2026, attaching a press release announcing the release of its 2025 Sustainability Report and the achievement of an MSCI AAA rating. No financial results or material operational changes were disclosed in this filing.

  • · The filing is a Form 6-K for the month of July 2026.
  • · The company achieved an MSCI AAA rating, the highest possible ESG rating from MSCI.
  • · The press release is included as Exhibit 99.1.
CERAGON NETWORKS LTD 6-K positive materiality 6/10

28-07-2026

Ceragon Networks Ltd. disclosed via Form 6-K that it has received approximately $120 million in orders from operators in India year-to-date through July 2026. The filing, signed by CFO Ronen Stein, highlights a significant revenue inflow from the Indian market but provides no comparative prior-period data or other financial metrics.

  • · The orders are from operators in India.
  • · The disclosure is made as an exhibit to a Form 6-K filed with the SEC.
  • · No prior-year or prior-period order data is provided for comparison.
Autohome Inc. 6-K neutral materiality 1/10

28-07-2026

Autohome Inc. filed a Form 6-K with the SEC for July 2026, attaching a press release as Exhibit 99.1. The filing is a routine foreign private issuer report and does not contain any financial results or material business updates beyond the press release.

  • · Filing date: July 28, 2026
  • · Commission file number: 001-36222
  • · Address: 18th Floor Tower B, CEC Plaza, 3 Dan Ling Street, Haidian District, Beijing 100080, China
  • · Exhibit 99.1 is a press release (content not provided in the filing excerpt)
Hilton Worldwide Holdings Inc. 8-K positive materiality 8/10

28-07-2026

Hilton reported strong Q2 2026 results with diluted EPS of $2.10 ($2.29 adjusted) and net income of $482 million, up from $1.84 and $442 million in Q2 2025. System-wide comparable RevPAR grew 3.9% YoY, and the development pipeline reached a record 541,300 rooms. However, the company's full-year RevPAR guidance of 3.0%-3.5% growth implies a deceleration in the second half, and Q4 is expected to be affected by unfavorable calendar shifts and midterm elections.

  • · Q2 2026 net income of $482M benefited from $17M of non-RevPAR items pulled forward from H2.
  • · Full-year 2026 net income guidance range: $1,883M to $1,911M.
  • · Full-year 2026 Adjusted EBITDA guidance range: $4,040M to $4,080M.
  • · Full-year 2026 diluted EPS guidance: $8.22 to $8.35; adjusted: $8.89 to $9.01.
  • · Q3 2026 RevPAR growth guidance: approximately 4.0% YoY.
  • · Q3 2026 net income guidance: $502M to $516M; Adjusted EBITDA: $1,035M to $1,055M.
  • · Total debt of $13.4B with weighted average interest rate of 5.03%; no material maturities until April 2029 except $600M Senior Notes due April 2027.
  • · Revolving credit facility undrawn with $1,894M available capacity as of June 30, 2026.
  • · Quarterly dividend of $0.15 per share declared for September 30, 2026 payment.
  • · Average share repurchase price in Q2 2026: $326.99 per share.
  • · Full-year 2026 net unit growth guidance: 6.0% to 7.0%.
  • · Full-year 2026 G&A expense guidance: approximately $400M.
  • · Full-year 2026 contract acquisition costs and capex guidance: approximately $300M.

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