Firefly Neuroscience, Inc. (AIFF) shareholders
AIFFNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 10/3046% below fair value
$0.94−0.03 (-2.97%)
Close on Nov 13, 2026Market cap $14.67MP/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
10.0%
2M of 16M shares
Institutional holders
22
6 new, 6 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Arena SPV Manager, LLC Joint filing with Arena Investors, LP (9.00%), Arena Investors GP, LLC (9.00%) and 1 more | 800,000 | 9.00% | 13G (passive) | Feb 13, 2025 |
| Jordan Kupinsky | 674,181 | 5.00% | 13D (active) amendment | Jan 28, 2026 |
| RJL 18 Capital Canada LP | 499,369 | 6.20% | 13G (passive) | Aug 12, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AIFF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Murchinson Ltd. | 650,000 | 4.14% | $786.50K | New | 0.11% |
| BlackRock, Inc. | 187,168 | 1.19% | $226.47K | +17,806 | 0.00% |
| Boothbay Fund Management, LLC | 178,750 | 1.14% | $216.29K | New | 0.00% |
| Geode Capital Management, LLC | 121,522 | 0.77% | $147.09K | −34,786 | 0.00% |
| Vanguard Capital Management LLC | 111,910 | 0.71% | $135.41K | – | 0.00% |
| Jane Street Group, LLC | 67,829 | 0.43% | $82.07K | −112,392 | 0.00% |
| UBS Group AG | 59,119 | 0.38% | $71.53K | −73,076 | 0.00% |
| Vanguard Fiduciary Trust Co | 50,993 | 0.32% | $61.70K | – | 0.00% |
| State Street Corp | 46,299 | 0.30% | $56.02K | – | 0.00% |
| Northern Trust Corp | 33,494 | 0.21% | $40.53K | +17,730 | 0.00% |
| Virtu Financial LLC | 26,557 | 0.17% | $32.00K | New | 0.00% |
| Squarepoint Ops LLC | 14,290 | 0.09% | $17.29K | New | 0.00% |
| Waldron Private Wealth LLC | 12,000 | 0.08% | $14.52K | – | 0.00% |
| Tower Research Capital LLC (TRC) | 5,926 | 0.04% | $7.17K | +3,194 | 0.00% |
| Vanguard Global Advisers, LLC | 2,768 | 0.02% | $3.35K | – | 0.00% |
| Citigroup Inc | 2,091 | 0.01% | $2.53K | −26,572 | 0.00% |
| Osaic Holdings, Inc. | 1,458 | 0.01% | $1.76K | – | 0.00% |
| Barclays PLC | 312 | 0.00% | $378 | New | 0.00% |
| Tradewinds Capital Management, LLC | 40 | 0.00% | $49 | – | 0.00% |
| SBI Securities Co., Ltd. | 32 | 0.00% | $39 | −1,267 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 22 | 2M | 10.0% | 6 / 3 | 6 / 6 | 1M | 1M |
| Q1 2026 | 23 | 1M | 7.7% | 10 / 8 | 1 / 2 | 1M | 0M |
| Q4 2025 | 16 | 1M | 5.8% | 2 / 3 | 4 / 4 | 0M | 0M |
| Q3 2025 | 18 | 1M | 5.9% | 3 / 5 | 6 / 8 | 0M | 0M |
| Q2 2025 | 23 | 1M | 4.0% | 7 / 7 | 2 / 3 | 0M | 0M |
| Q1 2025 | 19 | 0M | 2.7% | 9 / 5 | 3 / 2 | 0M | 0M |
| Q4 2024 | 12 | 0M | 1.4% | 4 / 3 | 4 / 1 | 0M | 0M |
| Q3 2024 | 9 | 0M | 0.8% | 9 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
7 funds held AIFF in Q2 2026, 58% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of AIFF | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 111,910 | 0.71% | $135.41K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 74,820 | 0.48% | $132.43K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 47,613 | 0.30% | $57.61K | 0.00% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 19,619 | 0.13% | $34.73K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 15,355 | 0.10% | $27.18K | 0.00% | May 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 3,300 | 0.02% | $5.84K | 0.00% | May 31, 2026 |
| 1290 VT Micro Cap Portfolio | 2,850 | 0.02% | $3.45K | 0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Gregory Lipschitz | Interim CEO, Director | 933,891 | 5.95% | Mar 13, 2026 |
| David DeCaprio | President and COO, Director | 77,866 | 0.50% | Mar 12, 2026 |
| Jessica Lucia Paz | Chief Accounting Officer | – | – | Sep 14, 2026 |
| Gil Issachar | Chief Technology Officer | 33,480 | 0.21% | Mar 19, 2025 |
| Paul Krzywicki | Chief Financial Officer | – | – | Mar 12, 2025 |
| Stella Vnook | Director | – | – | Sep 29, 2026 |
| Brian M. Posner | Director | – | – | Sep 29, 2026 |
| Arun Swarup Menawat | Director | 99,405 | 0.63% | Sep 29, 2026 |
| Holdings Inc. HJRK | 10% owner | 1,470,201 | 9.37% | Oct 22, 2025 |
| John Cundari | 10% owner | – | – | Oct 22, 2025 |
| Kupinsky 2013 Family Trust HJR | 10% owner | – | – | Oct 22, 2025 |
| Jordan Kupinsky | 10% owner | – | – | Oct 22, 2025 |
| Private Capital LP Windsor | 10% owner | 1,236,773 | 7.88% | Oct 22, 2025 |
| Rocco Marcello | 10% owner | – | – | Oct 22, 2025 |
| Management Services Inc. WPC | 10% owner | – | – | Oct 22, 2025 |
| GP I. Inc. WPC | 10% owner | 68,761 | 0.44% | Oct 22, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Gregory Lipschitz Chief Executive Officer, Director | Mar 10, 2026 | Award | +65,988 | – | – | 530,184 |
| David DeCaprio President and COO, Director | Mar 10, 2026 | Award | +44,872 | – | – | 77,866 |
| Private Capital LP Windsor 10% owner | Oct 22, 2025 | Sale | −78,031 | $2.07 | $161.52K | 1,236,773 |
| Private Capital LP Windsor 10% owner | Oct 21, 2025 | Sale | −19,222 | $2.40 | $46.13K | 1,314,804 |
| Private Capital LP Windsor 10% owner | Oct 20, 2025 | Sale | −33,500 | $2.46 | $82.41K | 1,334,026 |
| Private Capital LP Windsor 10% owner | Oct 17, 2025 | Sale | −45,036 | $2.55 | $114.84K | 1,367,526 |
| Private Capital LP Windsor 10% owner | Oct 16, 2025 | Sale | −40,139 | $2.65 | $106.37K | 1,412,562 |
| Private Capital LP Windsor 10% owner | Oct 15, 2025 | Sale | −17,500 | $2.74 | $47.95K | 1,452,701 |
| Holdings Inc. HJRK 10% owner | Oct 14, 2025 | Sale | −29,500 | $2.74 | $80.83K | 1,470,201 |
| Holdings Inc. HJRK 10% owner | Oct 13, 2025 | Sale | −32,136 | $2.65 | $85.16K | 1,499,701 |
| Holdings Inc. HJRK 10% owner | Oct 10, 2025 | Sale | −74,810 | $2.70 | $201.99K | 1,531,837 |
| Holdings Inc. HJRK 10% owner | Oct 9, 2025 | Sale | −30,126 | $2.94 | $88.57K | 1,606,647 |
| David Ian Johnson Executive Chairman, Director | Oct 22, 2024 | Award | +557,885 | – | – | 557,885 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Sep 29, 2023 | Buy | +350,000 | $0.50 | $175.00K | 1,985,781 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 13, 2022 | Buy | +3,996 | $0.64 | $2.56K | 1,635,781 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +205 | $0.63 | $129 | 1,612,697 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +1,094 | $0.63 | $689 | 1,612,492 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +6 | $0.62 | $4 | 1,611,398 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +100 | $0.62 | $62 | 1,611,392 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +100 | $0.61 | $61 | 1,611,292 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +116 | $0.61 | $71 | 1,611,192 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +95 | $0.60 | $57 | 1,611,076 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +100 | $0.58 | $58 | 1,610,981 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +100 | $0.58 | $58 | 1,610,881 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +316 | $0.63 | $199 | 1,614,456 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +900 | $0.63 | $567 | 1,615,356 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +35 | $0.63 | $22 | 1,612,732 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +900 | $0.63 | $567 | 1,616,256 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +14,987 | $0.64 | $9.59K | 1,631,785 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +342 | $0.64 | $219 | 1,616,798 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +99 | $0.63 | $62 | 1,616,456 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +101 | $0.63 | $64 | 1,616,357 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 12, 2022 | Buy | +1,408 | $0.63 | $887 | 1,614,140 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 6, 2022 | Buy | +1,798 | $0.69 | $1.24K | 1,610,781 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +109 | $0.63 | $69 | 1,583,878 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +4,787 | $0.64 | $3.06K | 1,608,983 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +380 | $0.64 | $243 | 1,584,258 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +201 | $0.64 | $129 | 1,584,459 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +402 | $0.64 | $257 | 1,584,861 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +19,123 | $0.64 | $12.24K | 1,603,984 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 5, 2022 | Buy | +212 | $0.64 | $136 | 1,604,196 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +6,146 | $0.66 | $4.06K | 1,577,269 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +16 | $0.64 | $10 | 1,571,123 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +307 | $0.64 | $196 | 1,571,107 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +293 | $0.63 | $185 | 1,570,800 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +402 | $0.62 | $249 | 1,570,207 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +52 | $0.62 | $32 | 1,569,805 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +2,035 | $0.60 | $1.22K | 1,569,753 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +1,402 | $0.60 | $841 | 1,567,718 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +6,500 | $0.67 | $4.36K | 1,583,769 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 2, 2022 | Buy | +300 | $0.63 | $189 | 1,570,507 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 1, 2022 | Buy | +300 | $0.59 | $177 | 1,566,216 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 1, 2022 | Buy | +6 | $0.54 | $3 | 1,565,816 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 1, 2022 | Buy | +100 | $0.59 | $59 | 1,565,916 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Dec 1, 2022 | Buy | +100 | $0.59 | $59 | 1,566,316 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Nov 29, 2022 | Buy | +1,551 | $0.54 | $838 | 1,564,043 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Nov 29, 2022 | Buy | +1,711 | $0.53 | $907 | 1,562,492 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Nov 29, 2022 | Buy | +100 | $0.54 | $54 | 1,564,143 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Nov 29, 2022 | Buy | +1,667 | $0.55 | $917 | 1,565,810 |
| Gerald James Benoit Jr CEO, Director, 10% owner | Oct 18, 2022 | Buy | +800 | $1.24 | $992 | 1,555,181 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
3.99%
1M shares short
Days to cover
5.3
At 0M shares a day
Change since last report
-26.3%
From 1M shares
Short volume, 20 days
49.3%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Firefly Neuroscience's stock actually held short. Settlement fails (shares not delivered on time) peaked at 303,558 shares on Sep 28, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Private Capital LP Windsor 10% Stockholder | Oct 22, 2025 | 78,031 | $161.73K | Oct 22, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 21, 2025 | 19,222 | $46.14K | Oct 21, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 20, 2025 | 33,500 | $82.31K | Oct 20, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 17, 2025 | 45,036 | $114.67K | Oct 17, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 16, 2025 | 40,139 | $106.46K | Oct 16, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 15, 2025 | 17,500 | $48.03K | Oct 15, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 14, 2025 | 61,636 | $166.04K | Oct 14, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 10, 2025 | 74,810 | $201.94K | Oct 10, 2025 | Acquired pursuant to merger |
| Private Capital LP Windsor 10% Stockholder | Oct 9, 2025 | 30,126 | $86.69K | Oct 9, 2025 | Acquired pursuant to merger |
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