Aug. 5 at 7:08 AM
$RTB
Put this to bed.
Dorsett was a significant pre-merger equity and (most likely) note holder in the private RTB/Roundtable entity. The 4.17 million shares are not open-market purchases or new grants — they are the post-conversion, post-exchange shares he received as consideration in the May 12, 2026 reverse merger. The Form 3 simply reports that crystallized ownership as of May 26, 2026.
This also explains why the position is almost certainly subject to the 12-month lock-up that applies to founders and major investors.