RYM Form 4: Interim CEO Benjamin Kovler purchases 1,000 shares

Rhea-AI Filing Summary

RYTHM, Inc. (RYM) director and interim CEO Benjamin Kovler purchased 1,000 shares of RYTHM common stock on 09/02/2025 at a reported price of $46.70 per share. After the purchase he beneficially owns 16,000 shares directly and an additional 420 shares indirectly through his daughter. The Form 4 was signed by an attorney-in-fact on 09/02/2025.

Positive

• Insider purchase recorded: Reporting person acquired 1,000 shares at $46.70, increasing direct stake to 16,000 shares
• Full disclosure of indirect ownership: 420 shares are reported as held indirectly by the reporting person's daughter

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider purchased shares, modestly increasing direct ownership to 16,000 shares; transaction was a routine reported purchase.

The report shows a purchase (transaction code P) of 1,000 common shares at $46.70 on 09/02/2025 by Benjamin Kovler, who is identified as both a director and interim CEO. Post-transaction direct beneficial ownership is reported at 16,000 shares, with 420 shares held indirectly by his daughter. The filing is a standard Section 16 Form 4 disclosure executed by an attorney-in-fact.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 requirements; shows insider purchase and family-held indirect holdings.

The Form 4 discloses required insider activity: an acquisition of 1,000 shares and updated beneficial ownership totals. The reporting person is identified as a director and interim CEO, and the filing includes an indirect ownership disclosure (420 shares) attributed to his daughter. Signature is by an attorney-in-fact, consistent with permitted filing procedures.

Insider Trade Summary

Net Buyer: 1,000 shares ($46,700)

Net Buy 3 txns

Insider Kovler Benjamin

Role Interim CEO

Bought 1,000 shs ($47K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,000	$46.70	$47K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 16,000 shares (Direct); Common Stock — 420 shares (Indirect, By daughter)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kovler Benjamin

(Last) (First) (Middle)

2220 HICKS ROAD

SUITE 210

(Street)

ROLLING MEADOWS IL 60008

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RYTHM, Inc. [ RYM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		P		1,000	A	$46.7	16,000	D
Common Stock								420	I	By daughter
Common Stock								420	I	By daughter

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kathryn A. Lloyd, Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Benjamin Kovler report on the Form 4 for RYM?

He reported a purchase of 1,000 common shares on 09/02/2025 at a price of $46.70 per share.

What is Benjamin Kovler's role at RYTHM, Inc. (RYM)?

The form identifies him as a Director and Interim CEO of RYTHM, Inc.

How many shares does Kovler beneficially own after the transaction?

The filing reports 16,000 shares directly and 420 shares indirectly (held by his daughter).

Who signed the Form 4 filing for Benjamin Kovler?

The Form 4 was signed by Kathryn A. Lloyd, Attorney-in-Fact on 09/02/2025.