{"url_path":"/sec/kcrd/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-19","source_url":"https://www.sec.gov/Archives/edgar/data/1696025/0001477932-26-003300-index.html","accession_number":"0001477932-26-003300","cik":"0001696025","ticker":"KCRD","issuer_name":"Kindcard, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1696025/0001477932-26-003300-index.html","primary_entity_key":"0001696025","primary_entity_name":"Kindcard, Inc."},"word_count":365,"has_tables":true,"body_markdown":"**ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**\n\n \n\nThe following table sets forth certain information, as of May 18, 2026, with respect to the beneficial ownership of the outstanding common stock by (i) any holder of more than five (5%) percent; (ii) each of the Company’s executive officers and directors; and (iii) the Company’s directors and executive officers as a group. Except as otherwise indicated, each of the stockholders listed below has sole voting and investment power over the shares beneficially owned. The address for each person is c/o Kindcard, Inc., 1001 Yamato Road, #100, Boca Raton, Florida, 33431.\n\n \n\n \n\n \n\n**Common Stock Beneficially**\n\n \n\n \n\n**Percentage of**\n\n**Common Stock**\n\n \n\n**Name of Beneficial Owner**\n\n \n\n**Owned**\n\n \n\n \n\n \n\n**(1****)**\n\nMichael Rosen and affiliated persons and entities (2) (3)\n\n \n\n \n49,000,000\n \n\n \n\n \n49.91%\n\nBrian Schultz\n\n \n\n \n7,250,000\n \n\n \n\n \n7.39%\n\nNicholas Cardoso\n\n \n\n \n6,500,000\n \n\n \n\n \n6.62%\n\n**All Executive Officers and Directors as a group (1 person)**\n\n \n\n \n62,750,000\n \n\n \n\n \n63.92%\n\n \n\n*\n\nLess than 1%\n\n \n\n(1)\n\nBased on 103,581,000 shares of common stock outstanding as of January 31, 2026. Under the rules of the Securities and Exchange Commission, a person is deemed to be the beneficial owner of a security if such person has or shares the power to vote or direct the voting of such security or the power to dispose or direct the disposition of such security. A person is also deemed to be a beneficial owner of any securities if that person has the right to acquire beneficial ownership within 60 days of January 31. Unless otherwise indicated by footnote, the named entities or individuals have sole voting and investment power with respect to the shares of common stock beneficially owned.\n\n \n\n(2)\n\nIncludes 49,000,000 shares of common stock held by RMR Management LLC.  RMR Management LLC is owned and controlled by our CEO, Michael Rosen. Mr. Rosen has sole voting control over the shares of common stock of the Company held by RMR Management LLC.\n\n \n\n \n\n(3)\n\nCurrent officer and/or director of the Company.\n\n \n\nNo Director, executive officer, affiliate or any owner of record or beneficial owner of more than 5% of any class of voting securities of the Company is a party adverse to the Company or has a material interest adverse to the Company."}