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APPlife Digital Solutions CEO acquires 12,000 shares

SportsAlert Media LLC’s April 10 convertible note matured October 10, 2026 and was reported as still outstanding.

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Form Type
4

Rhea-AI Filing Summary

APPlife Digital Solutions Inc (ALDS) CEO, director and 10 percent owner Michael Hill reported several acquisitions in a late Form 4. He directly acquired 750 Series B Convertible Preferred Stock shares on December 8, 2025, and 12,000 Common Stock shares on May 27, 2026, at $0.80 per share; his reported direct Common Stock holdings after the May 27 transaction were 12,000 shares.

SportsAlert Media, LLC acquired 11,000 Common Stock shares on April 10 and 2,000 on May 19, 2026, and purchased a convertible promissory note on each date. The April 10 note matured on October 10, 2026 and was reported as remaining outstanding; the May 19 note lists an expiration date of November 19, 2026. As of December 8, 2025, Mammoth Crest Capital, LLC held 2,000,000 Common Stock shares and 1,250 Series C Convertible Preferred Stock shares, convertible at the holder’s option into 12.5% of fully diluted Common Stock. All reported share amounts reflect a 1-for-250 reverse stock split effective June 12, 2026. The transactions were reported late despite a two-business-day reporting requirement; no Rule 10b5-1 plan is reported.

Insider HILL MICHAEL
Role Chief Executive Officer
Bought 0 shs
Type Security Shares Price Value
Other Common Stock F8 12,000 $0.80 $10K
Purchase Convertible Promissory Note F9, F8 -- $5,000.00 --
Other Common Stock F8 2,000 $0.00 $0.00
Purchase Convertible Promissory Note F9, F8 -- $27,500.00 --
Other Common Stock F8 11,000 $0.00 $0.00
Grant/Award Series B Convertible Preferred Stock F7, F8 750 $0.00 $0.00
holding Series C Convertible Preferred Stock F8, F7 -- -- --
holding Common Stock F7 -- -- --
Holdings After Transaction: Series B Convertible Preferred Stock — 750 contracts (Direct); Convertible Promissory Note — 0 contracts (Indirect, By SportsAlert Media, LLC); Common Stock — 93,000 shares (Indirect, By SportsAlert Media, LLC); Common Stock — 12,000 shares (Direct); Series C Convertible Preferred Stock — 1,250 contracts for 0 underlying shares (Indirect, By Mammoth Crest Capital, LLC); Common Stock — 2,000,000 shares (Indirect, By Mammoth Crest Capital, LLC)
Footnotes (3)
  1. F7. Convertible at the holder's option at any time into Common Stock at the lesser of (i) 80% of the per-share price paid in a Qualified Transaction (a priced equity financing of at least $1,000,000 with unaffiliated investors) and (ii) a valuation-cap price equal to $6,480,082 divided by the Issuer's fully diluted shares immediately prior to the Qualified Transaction, subject to price-based anti-dilution adjustment. Principal and 10% accrued interest are convertible. Because both prices are set by reference to a Qualified Transaction, which has not occurred, the conversion price and the number of underlying shares are not currently determinable.
  2. F8. The April 10, 2026 Promissory Note matured on October 10, 2026 and remains outstanding.
  3. F9. Each share of Series C Convertible Preferred Stock is convertible at the holder's option, at any time, into 0.01% of the Issuer's Common Stock on a fully diluted basis at the time of conversion, so the 1,250 shares held by MCC convert into 12.5% of the fully diluted Common Stock. The conversion price and the number of underlying shares vary with the Issuer's capitalization and share price. The Series C Preferred Stock has no expiration date. These shares were reported in Table I of the Form 3 filed October 24, 2025 and are reported in Table II here to reflect their convertible nature.
Common Stock transaction price $0.80 per share Michael Hill’s direct acquisition on May 27, 2026
Direct Common Stock acquired 12,000 shares May 27, 2026; reported direct holdings following the transaction were 12,000 shares
Common Stock acquired through SportsAlert Media, LLC 11,000 shares April 10, 2026
Common Stock acquired through SportsAlert Media, LLC 2,000 shares May 19, 2026
Series B Convertible Preferred Stock acquired 750 shares December 8, 2025
Common Stock held through Mammoth Crest Capital, LLC 2,000,000 shares As of December 8, 2025
Series C Convertible Preferred Stock held through Mammoth Crest Capital, LLC 1,250 shares As of December 8, 2025
Fully diluted Common Stock conversion interest 12.5% Conversion term for the 1,250 Series C Convertible Preferred Stock shares
Convertible Promissory Note financial
"purchased a Convertible Promissory Note"
A convertible promissory note is a loan a company takes now that can later be turned into shares instead of being repaid in cash. Think of it as lending money with the option to accept ownership in the business down the road; that matters to investors because it affects who gets paid first, how much ownership existing shareholders keep, and the company’s future valuation and cash needs. Terms such as conversion price, interest and maturity determine the financial impact.
Series B Convertible Preferred Stock financial
"Series B Convertible Preferred Stock"
Series B convertible preferred stock is a class of shares sold during a later-stage private financing that combines features of a loan and common stock: it usually pays priority dividends or has a priority claim if the company is sold, and it can be converted into common shares under predefined rules. Investors care because these shares affect ownership stakes and payout order—like having a reserved place in line and a ticket that can turn into regular ownership—so they influence potential returns and dilution for other shareholders.
Series C Convertible Preferred Stock financial
"Series C Convertible Preferred Stock"
Series C convertible preferred stock is a class of investment shares issued in a later private financing round that combine safety and upside: they usually pay ahead of ordinary shares if a company pays dividends or is sold, but can be converted into common stock to share in future growth. For investors this acts like a VIP ticket with a safety net—offering priority protection while preserving the option to participate in a successful exit.
fully diluted financial
"12.5% of the fully diluted Common Stock"
Fully diluted is the total number of a company's shares that would exist if every potential share from stock options, warrants, convertible debt and other claims were converted into common stock — like counting every reserved pizza slice as if everyone who could request one already had it. Investors use the fully diluted share count to see the realistic ownership picture and how those future claims could lower each shareholder’s percentage, earnings per share and implied valuation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ALDS shares did Michael Hill report acquiring?

Michael Hill reported directly acquiring 750 Series B Convertible Preferred Stock shares on December 8, 2025, and 12,000 Common Stock shares on May 27, 2026, at $0.80 per share. His reported direct Common Stock holdings after the May 27 transaction were 12,000 shares. The transactions were reported late; no Rule 10b5-1 plan is reported.

What shares did SportsAlert Media LLC acquire for ALDS?

SportsAlert Media, LLC acquired 11,000 Common Stock shares on April 10, 2026, and 2,000 shares on May 19, 2026. It also purchased a convertible promissory note on each date. The April 10 note matured October 10, 2026 and was reported as remaining outstanding; the May 19 note lists an expiration date of November 19, 2026.

What ALDS holdings were reported for Mammoth Crest Capital LLC?

As of December 8, 2025, Mammoth Crest Capital, LLC held 2,000,000 Common Stock shares and 1,250 Series C Convertible Preferred Stock shares. The preferred shares are convertible at the holder’s option into 12.5% of fully diluted Common Stock; the conversion price and underlying share count vary with the issuer’s capitalization and share price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
HILL MICHAEL

(Last)(First)(Middle)
701 ANACAPA STREET, SUITE C

(Street)
SANTA BARBARA CALIFORNIA 93101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPlife Digital Solutions Inc [ ALDS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/10/2026J(8)11,000A$0.000091,000IBy SportsAlert Media, LLC(8)
Common Stock05/19/2026J(8)2,000A$0.000093,000IBy SportsAlert Media, LLC(8)
Common Stock05/27/2026J(8)12,000A$0.812,000D
Common Stock2,000,000IBy Mammoth Crest Capital, LLC(7)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series B Convertible Preferred Stock(7)12/08/2025A(8)750 (7) (7)Common Stock0(7)$0.0000750D
Convertible Promissory Note(9)04/10/2026P$27,500 (9)10/10/2026(8)Common Stock0(9)$27,500$27,500IBy SportsAlert Media, LLC(8)
Convertible Promissory Note(9)05/19/2026P$5,000 (9)11/19/2026Common Stock0(9)$5,000$5,000IBy SportsAlert Media, LLC(8)
Series C Convertible Preferred Stock(8) (8) (8)Common Stock0(8)1,250IBy Mammoth Crest Capital, LLC(7)
Explanation of Responses:
7. Convertible at the holder's option at any time into Common Stock at the lesser of (i) 80% of the per-share price paid in a Qualified Transaction (a priced equity financing of at least $1,000,000 with unaffiliated investors) and (ii) a valuation-cap price equal to $6,480,082 divided by the Issuer's fully diluted shares immediately prior to the Qualified Transaction, subject to price-based anti-dilution adjustment. Principal and 10% accrued interest are convertible. Because both prices are set by reference to a Qualified Transaction, which has not occurred, the conversion price and the number of underlying shares are not currently determinable.
8. The April 10, 2026 Promissory Note matured on October 10, 2026 and remains outstanding.
9. Each share of Series C Convertible Preferred Stock is convertible at the holder's option, at any time, into 0.01% of the Issuer's Common Stock on a fully diluted basis at the time of conversion, so the 1,250 shares held by MCC convert into 12.5% of the fully diluted Common Stock. The conversion price and the number of underlying shares vary with the Issuer's capitalization and share price. The Series C Preferred Stock has no expiration date. These shares were reported in Table I of the Form 3 filed October 24, 2025 and are reported in Table II here to reflect their convertible nature.
Remarks:
This Form 4 is filed late. It reports transactions on December 8, 2025, April 10, 2026, May 19, 2026 and May 27, 2026 that were required to be reported within two business days of each transaction. All share amounts reflect the Issuer's 1-for-250 reverse stock split effective June 12, 2026 (exempt under Rule 16a-9).
/s/ Michael Hill10/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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