Tom Kubota Increases Majority Stake in Pacific Health Care Organization Inc to 66.3%

Tom Kubota, the CEO, President, and Chairman of Pacific Health Care Organization Inc (PFHO), filed Amendment No. 22 to his Schedule 13D on June 2, 2026. The filing reports the acquisition of 65,258 shares of common stock on May 27, 2026, purchased on the open market at a price of $1.00 per share using personal funds. Following this transaction, Kubota beneficially owns a total of 8,491,258 shares, representing approximately 66.3% of the company's outstanding common stock. This total includes 8,475,258 shares of common stock and 16,000 shares of Series A Preferred Stock, which are convertible into common stock on a one-for-one basis. The shares are held through the Tom Kubota Revocable Trust of 2013, for which Kubota serves as the sole trustee. The filing indicates that the acquisitions were made for investment purposes and not with the intent to change control of the issuer, although Kubota may consider future acquisitions or changes in his position. Kubota remains the company's single largest shareholder.