PSQ Holdings, Inc.
PSQH, PSQH-WT · Services-Advertising · 48.7M shares · +67%/yr ↑ dilution · EDGAR filings ↗
Reference price $0.50 · est. market cap ~$25M — last insider purchase, 2026-06-08 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D45gen composite 34pct→58; net margin <-100%; net + operating loss
Notable findings
- Chronic dilutionShare count +67%/yr over 2y (dilution, book value/share -54%)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -200.9%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 3 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-175.4%
Net margin
-200.9%
Return on equity
-272.5%
Return on assets
-61.3%
ROIC
-128.7%
Revenue growth (QoQ)
167.4%
Debt / equity
0.5×
Current ratio
2.0×
EBITDA
-$25M
Tangible book value
-$12M
Cash & investments
$15M
Stock comp / revenue
59.1%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Michael SeifertFormer | Chief Executive Officer and Chairman of the Board | $498K FY2025 |
| Billingsley Brian | Pres. of Financial Technology | — |
| Giudice James | General Counsel | — |
| Hebert Michael Robert | Chief People Officer | — |
| Michael HebertFormer | Officer | $1M FY2025 |
| Pena Michael | Chief Financial Officer | — |
| Randy CarlsonChief Technology Officer | Officer | $959K FY2025 |
| James Rinn | Director | $838K FY2025 |
| Wunderlich Dusty | Chief Strategy Officer | — |
| Ayers James Nicholas | Director | — |
| Blake Masters | Director | $213K FY2025 |
| Caitlin Long | Director | $317K FY2025 |
| Davis Pilot III | Director | $199K FY2025 |
| Donald J. Trump | Director | $689K FY2025 |
| Nick Ayers | Director | $196K FY2025 |
| Willie Langston | Director | $202K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-08 | Langston Willie | Buy | 50K | $0.50 |
| 2026-05-15 | Rinn James | Sell | 13K | $0.59 |
| 2026-05-15 | Pena Michael | Sell | 4.6K | $0.59 |
| 2026-05-15 | Wunderlich Dusty | Sell | 18K | $0.59 |
| 2026-05-14 | Pena Michael | Sell | 3.0K | $0.61 |
| 2026-05-14 | Rinn James | Sell | 8.4K | $0.61 |
| 2026-05-14 | Wunderlich Dusty | Sell | 12K | $0.61 |
| 2026-05-13 | Pena Michael | Sell | 3.1K | $0.66 |
| 2026-05-13 | Wunderlich Dusty | Sell | 12K | $0.66 |
| 2026-05-13 | Rinn James | Sell | 8.4K | $0.66 |
| 2026-05-12 | Rinn James | Option exercise | 83K | — |
| 2026-05-12 | Wunderlich Dusty | Option exercise | 50K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-01 | Exec/director changeExhibits | filing ↗ |
| 2026-05-07 | ResultsReg FDExhibits | filing ↗ |
| 2026-05-04 | Exec/director changeExhibits | filing ↗ |
| 2026-04-07 | Exec/director change5.03Reg FDExhibits | filing ↗ |
| 2026-03-17 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-17 | ResultsDelisting noticeExhibits | filing ↗ |
| 2026-01-29 | Material agreement3.03Exec/director changeReg FDExhibits | filing ↗ |
| 2026-01-07 | ResultsExec/director changeReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| DEF 14A | 2026-06-11 | 2026-07-09 | 0001140361-26-024933 ↗ |
| 8-K | 2026-06-01 | 2026-05-26 | 0001104659-26-068891 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001847064-26-000010 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001104659-26-056690 ↗ |
| 8-K | 2026-05-04 | 2026-04-29 | 0001104659-26-054944 ↗ |
| 10-K/A | 2026-04-30 | 2025-12-31 | 0001104659-26-053023 ↗ |
| 8-K | 2026-04-07 | 2026-04-01 | 0001104659-26-040415 ↗ |
| 10-K | 2026-03-17 | 2025-12-31 | 0001847064-26-000005 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001104659-26-028913 ↗ |
| 8-K | 2026-02-17 | 2026-02-10 | 0001104659-26-016552 ↗ |
| 8-K | 2026-01-29 | 2026-01-27 | 0001104659-26-007714 ↗ |
| 8-K | 2026-01-07 | 2026-01-06 | 0001104659-26-001573 ↗ |