Georgiades reports indirect stake in Pineapple Financial (PAPL) via LLC

Rhea-AI Filing Summary

Pineapple Financial Inc. director Anthony Georgiades filed an initial Form 3 reporting indirect holdings of common shares. The filing shows 1,315,789 common shares held by Innovating Capital GP, LLC, over which he has investment and dispositive power and may be deemed to beneficially own.

Georgiades disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest. The filing records existing indirect ownership rather than a new purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Georgiades Anthony

Role Director

Type	Security	Shares	Price	Value
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 1,315,789 shares (Indirect, See footnote 1)

Footnotes (1)

1. [object Object]

Key Figures

Indirect common shares held: 1,315,789 shares

1 metrics

Indirect common shares held 1,315,789 shares Total common shares indirectly held following reported position

Key Terms

beneficially own, disclaims beneficial ownership, investment and dispositive power, indirect ownership

4 terms

beneficially own financial

"may be deemed to beneficially own such securities"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

disclaims beneficial ownership financial

"disclaims beneficial ownership of such shares, except to the extent"

investment and dispositive power financial

"has investment and dispositive power over the common shares held"

indirect ownership financial

"total_shares_following_transaction ... ownership_type: indirect"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Georgiades Anthony

(Last) (First) (Middle)

UNIT 200, 111 GORDON BAKER RD.

(Street)

TORONTO ONTARIO M2H 3R1

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
01/06/2026

3. Issuer Name and Ticker or Trading Symbol
Pineapple Financial Inc. [ PAPL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	1,315,789	I(1)	See footnote 1

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Anthony Georgiades has investment and dispositive power over the common shares held by Innovating Capital GP, LLC and may be deemed to beneficially own such securities. Anthony Georgiades disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

	/s/ Anthony Georgiades, Director	04/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Pineapple Financial (PAPL) director Anthony Georgiades report on this Form 3?

He reports indirect holdings of 1,315,789 common shares of Pineapple Financial. These shares are held by Innovating Capital GP, LLC, over which he has investment and dispositive power and may be deemed to beneficially own.

Are the Pineapple Financial (PAPL) shares on Georgiades’ Form 3 directly owned?

No, the 1,315,789 common shares are held indirectly through Innovating Capital GP, LLC. Georgiades has investment and dispositive power over these securities rather than direct personal registration in his own name.

Does Anthony Georgiades disclaim beneficial ownership of Pineapple Financial (PAPL) shares?

Yes. He disclaims beneficial ownership of the shares held by Innovating Capital GP, LLC, except to the extent of any pecuniary interest. This standard disclaimer limits how his economic stake is interpreted under securities rules.

Does this Pineapple Financial (PAPL) Form 3 show any new insider buying or selling?

No, the Form 3 records existing indirect ownership rather than new transactions. It lists 1,315,789 common shares held through Innovating Capital GP, LLC, with no reported purchases or sales by Georgiades in this filing.

Who actually holds the Pineapple Financial (PAPL) shares referenced in Georgiades’ Form 3?

The shares are held by Innovating Capital GP, LLC. Georgiades has investment and dispositive power over these common shares and may be deemed to beneficially own them, subject to his stated beneficial-ownership disclaimer.