Patrick Smith's Schedule 13D Filing for The OLB Group, Inc.

Patrick Smith, Vice President of Finance at The OLB Group, Inc., filed a Schedule 13D indicating beneficial ownership of 832,458 shares of the company's Common Stock, representing approximately 9.48% of the outstanding shares. The filing details the acquisition of 730,059 shares on June 2, 2025, through the conversion of outstanding liabilities, debt, interest, and bonuses at $1.31 per share, with no cash consideration paid. The shares were acquired from the company's treasury pursuant to a unanimous written consent of the Board of Directors. Smith has sole voting and dispositive power over these shares. The filing also confirms that Smith has not been involved in any legal proceedings related to securities laws in the past five years.