Centurion Acquisition Corp. (ALF) director converts 30,000 Class B shares into Class A

Rhea-AI Filing Summary

Centurion Acquisition Corp. director Robert Foresman converted 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares. The conversion occurred on June 8, 2026 on a one-for-one basis for no additional consideration, as allowed under the company’s governing documents.

Following the transaction, Foresman holds 30,000 Class A Ordinary Shares directly and no remaining Class B shares. This filing reflects a non-cash derivative conversion rather than an open-market purchase or sale.

Insights

Equity compensation and governance analyst

Director converts 30,000 founder-style Class B shares into Class A, a routine capital-structure move.

The reporting person, director Robert Foresman, elected to convert 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares at no cost, consistent with the company’s Amended and Restated Memorandum and Articles of Association.

This is a conversion of a derivative security, not an open-market trade. It does not change the total economic interest reported, only the share class. There are no remaining derivative positions shown in this filing, and no indication of a Rule 10b5-1 trading plan.

Such conversions are common as companies simplify capital structures or as insiders transition from founder or promote shares into the publicly traded class. The significance for investors depends on broader ownership patterns, which are not detailed in this single filing excerpt.

Insider Trade Summary

Net Buyer: 30,000 shares

Net Buy 2 txns

Insider Foresman Robert

Role Director

Type	Security	Shares	Price	Value
Conversion	Class B Ordinary Shares	30,000	$0.00	$0.00
Conversion	Class A Ordinary Shares	30,000	$0.00	$0.00

Holdings After Transaction: Class B Ordinary Shares — 0 shares (Direct); Class A Ordinary Shares — 30,000 shares (Direct)

Footnotes (1)

1. F1. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association, the Class B Ordinary Shares are convertible into Class A Ordinary Shares at the option of the holders thereof at any time, and from time to time, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, for no additional consideration, and have no expiration date. On June 8, 2026, the Reporting Person elected to convert 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares.

Key Figures

Class B converted: 30,000 shares Class A received: 30,000 shares Class A held after: 30,000 shares +3 more

6 metrics

Class B converted 30,000 shares Class B Ordinary Shares converted into Class A on June 8, 2026

Class A received 30,000 shares Class A Ordinary Shares acquired via conversion, no cash consideration

Class A held after 30,000 shares Total Class A Ordinary Shares directly owned following conversion

Class B held after 0 shares Total Class B Ordinary Shares remaining after conversion

Transaction code C Conversion of derivative security for both legs of the transaction

Conversion ratio 1-for-1 Class B Ordinary Shares convertible into Class A Ordinary Shares

Key Terms

Conversion of derivative security, Class B Ordinary Shares, Class A Ordinary Shares, anti-dilution rights, +1 more

5 terms

Conversion of derivative security financial

"transaction_code_description: Conversion of derivative security"

Class B Ordinary Shares financial

"convert 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Class A Ordinary Shares financial

"convert 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

anti-dilution rights financial

"subject to adjustment pursuant to certain anti-dilution rights"

Amended and Restated Memorandum and Articles of Association regulatory

"Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association"

A document that replaces and combines a company’s core governing papers into a single, updated set of rules spelling out the company’s purpose, share structure, voting rights and how decisions are made. Think of it as rewriting and consolidating a household’s rulebook so everyone knows who controls what and how major choices are handled. Investors watch these changes because they can alter ownership rights, governance, dividend policy and takeover protections, affecting value and control.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/15/2026 - 09:03 PM Accepted by SEC EDGAR 06/15/2026 - 09:02 PM Learn about SEC filing dates

FAQ

What did Robert Foresman do in this Form 4 for Centurion Acquisition Corp. (ALF)?

Robert Foresman converted 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares. The transaction was recorded as a derivative conversion, not an open-market buy or sell, and occurred at no additional cost on June 8, 2026.

How many Centurion Acquisition Corp. (ALF) shares does Robert Foresman hold after this transaction?

After the transaction, Robert Foresman holds 30,000 Class A Ordinary Shares directly. His reported holdings of Class B Ordinary Shares fall to zero, as all 30,000 Class B shares disclosed in this filing were converted into Class A Ordinary Shares.

Was the Centurion Acquisition Corp. (ALF) Form 4 transaction a stock purchase or sale?

The Form 4 does not show a stock purchase or sale. Instead, it reports a conversion of 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares, classified as a derivative conversion with no cash consideration involved.

What are the terms of converting Class B into Class A shares at Centurion Acquisition Corp. (ALF)?

Class B Ordinary Shares are convertible into Class A Ordinary Shares at the holder’s option on a one-for-one basis. The footnote states this occurs for no additional consideration, is subject to anti-dilution adjustments, and the Class B shares have no expiration date.

Does this Centurion Acquisition Corp. (ALF) Form 4 indicate any remaining derivative position for Robert Foresman?

The filing’s derivative section shows 30,000 Class B Ordinary Shares converted into 30,000 Class A shares, leaving zero Class B shares following the transaction. The derivative summary is empty, indicating no remaining derivative securities in this specific Form 4 snapshot.

Why is the Centurion Acquisition Corp. (ALF) Form 4 transaction coded as a conversion of derivative security?

The transaction carries code C, described as a Conversion of derivative security. The company’s documents treat Class B Ordinary Shares as convertible into Class A, so moving 30,000 Class B shares into 30,000 Class A shares is reported as a derivative conversion event.

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^*

Foresman Robert

(Last) (First) (Middle)

C/O CENTURION ACQUISITION CORP.

667 MADISON AVENUE, 5TH FLOOR

(Street)

NEW YORK NEW YORK 10065

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Centurion Acquisition Corp. [ ALF ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	06/08/2026		C(1)		30,000	A	(1)	30,000	D

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
Class B Ordinary Shares	(1)	06/08/2026		C(1)			30,000	(1)	(1)	Class A Ordinary Shares	30,000	$0	0	D

Explanation of Responses:

1. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association, the Class B Ordinary Shares are convertible into Class A Ordinary Shares at the option of the holders thereof at any time, and from time to time, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, for no additional consideration, and have no expiration date. On June 8, 2026, the Reporting Person elected to convert 30,000 Class B Ordinary Shares into 30,000 Class A Ordinary Shares.

	/s/ Jordan Leon, Attorney-in-Fact	06/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)