Louis Michael Porcello Reports 9.4% Stake in Hub Cyber Security Ltd. (HUBC)
On May 22, 2026, Louis Michael Porcello filed a Schedule 13G/A with the SEC, reporting a significant stake in Hub Cyber Security Ltd. (HUBC). The filing indicates that Porcello beneficially owns 120,000 ordinary shares, representing a 9.4% ownership stake in the company. This represents a substantial increase from a previously reported 0% position, marking a new significant holding for the individual investor. According to the filing, Porcello holds sole voting and dispositive power over all 120,000 shares. The securities were acquired in the ordinary course of business and not with the intent to change or influence the control of the issuer. Hub Cyber Security Ltd. is headquartered in Tel Aviv, Israel. The filing was made under Rule 13d-1(c) and serves as an amendment to a previous statement. Porcello, a U.S. citizen based in Georgia, certified that the acquisition does not involve any activist intent or participation in transactions aimed at influencing corporate governance beyond standard nomination activities.