SCHEDULE: Cycurion CFO Discloses 7.19% Stake, Equity Awards

Cycurion, Inc.'s Chief Financial Officer, Alvin McCoy III, has disclosed a beneficial ownership of 7.19% of the company's common stock, primarily through equity awards and deferred compensation.

Summary

• Alvin McCoy III, Cycurion, Inc.'s Chief Financial Officer, beneficially owns 4,909,037 shares of common stock, representing approximately 7.19% of the outstanding shares as of August 29, 2025.
• The shares were acquired through a combination of a 2025 Equity Incentive Plan award (3,000,000 shares on August 4, 2025), an exchange of pre-Business Combination shares (1,225,572 shares), and deferred compensation (683,465 shares, approximately $330,000).
• Mr. McCoy's employment agreement, effective January 1, 2025, includes an annual base salary of $325,000, $500,000 in first-year equity compensation, and a targeted performance bonus of $325,000 for year one.
• The filing of this Schedule 13D was delayed due to issues obtaining EDGAR filing codes for Mr. McCoy.

Sentiment

Score: 7

Explanation: The filing indicates strong alignment of the CFO's interests with shareholders through significant equity ownership and performance-based compensation. The late filing is a minor administrative negative, but the overall picture for management incentives is positive.

Positives

• CFO Alvin McCoy III holds a significant stake of 7.19% in Cycurion, Inc., aligning his interests with shareholders.
• Mr. McCoy received 3,000,000 shares under the 2025 Equity Incentive Plan, indicating management's commitment and long-term incentives.
• The employment agreement for Mr. McCoy includes substantial equity compensation ($500,000 in the first year) and performance-based bonuses, incentivizing strong financial and non-financial results.

Negatives

• The Schedule 13D filing was submitted late due to delays in obtaining EDGAR filing codes for Alvin McCoy III.

Risks

• Mr. McCoy reserves the right to dispose of any or all of his shares in the open market or engage in hedging transactions, which could potentially impact share price.
• Future plans regarding increasing or decreasing his position are subject to prevailing market conditions and other investment considerations, introducing uncertainty.

Future Outlook

Mr. McCoy intends to review his investment in Cycurion, Inc. on a continuing basis and may engage in communications with various stakeholders regarding the company's business, operations, and future plans. He may also increase or decrease his position in the Issuer depending on market conditions and other investment considerations, and reserves the right to engage in hedging transactions.

Management Comments

• Mr. McCoy intends to review his investment in the Issuer on a continuing basis and may engage in communications with one or more stockholders of the Issuer, one or more officers of the Issuer, one or more members of the board of directors of the Issuer and/or one or more other representatives of the Issuer concerning the business, operations and future plans of the Issuer.
• Mr. McCoy does not have any present plan or proposal which would relate to or result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction... (j) Any action similar to any of those enumerated above.

Industry Context

This filing is a standard disclosure of beneficial ownership by a key executive and does not provide specific industry-wide trends or competitive analysis. It primarily focuses on the individual's stake and compensation structure within Cycurion, Inc.

Corporate Governance

Stakeholder Impact

• Shareholders: The significant ownership stake and performance-based compensation for the CFO align his interests with those of shareholders, potentially leading to better long-term performance.
• Employees: The 2025 Equity Incentive Plan is available to all employees, directors, and consultants, suggesting a broader incentive program.
• Management: The CFO's compensation package is clearly defined, providing strong incentives for performance.

Next Steps

• Mr. McCoy will continue to review his investment in Cycurion, Inc.
• Mr. McCoy may engage in communications with various stakeholders regarding the company's business, operations, and future plans.
• Mr. McCoy may increase or decrease his position in the Issuer through open market purchases or private transactions, or dispose of shares.

Key Dates

Recommendation

The filing primarily details the beneficial ownership and compensation structure of the CFO, Alvin McCoy III. While his significant stake and performance-based incentives are positive for aligning management interests with shareholders, the filing does not contain new operational or financial performance data that would warrant a change in investment thesis. The late filing is an administrative detail, not a fundamental concern. Investors should 'hold' and await further operational updates or financial results to reassess.

Keywords

Cycurion Inc., Alvin McCoy III, CFO, Schedule 13D, Beneficial Ownership, Equity Incentive Plan, Common Stock, Employment Agreement, Corporate Governance, SEC Filing