American Rebel (AREB) Officer Converts Preferred to Common, Boosting Holdings
Rhea-AI Filing Summary
Corey Lambrecht, President and COO and a director of American Rebel Holdings, reported converting 350 shares of Series A Convertible Preferred Stock into 175,000 shares of common stock on 09/25/2025 at a stated price of $0.001 per share. After the conversion, Mr. Lambrecht beneficially owned 175,100 shares of common stock and 24,200 shares of Series A Convertible Preferred Stock, held directly. The Form 4 was signed 09/29/2025 and reflects an insider increasing common-stock holdings via conversion rather than an open-market purchase.
Positive
- Insider increased common-stock holdings by 175,000 shares through conversion, raising direct common ownership to 175,100 shares
- Conversion executed at nominal price of $0.001 per share, indicating no cash outlay beyond conversion terms disclosed
Negative
- None.
Insights
TL;DR: Insider converted preferred shares into common stock, materially increasing common share count held by the insider.
The conversion shifted 175,000 shares into common equity at a nominal $0.001 per share, increasing the reporting person's common-stock position to 175,100 shares. This is a mechanical equity reclassification from convertible preferred into common, not a market purchase or sale, so it does not directly signal market demand or liquidity impact. The transaction could modestly alter outstanding common share count depending on overall float, but the Form 4 does not provide company-wide share totals to assess dilution magnitude.
TL;DR: Director/officer converted preferred to common; direct ownership increased without disclosed cash payment beyond nominal conversion price.
The filing shows an insider fulfilling conversion rights, resulting in increased direct common ownership while retaining a significant preferred stake (24,200 shares). From a governance perspective, this consolidates voting/ownership in common equity for the reporting person. The Form 4 contains no indication of related-party agreements, contemporaneous sales, or other governance actions. Material context such as total outstanding shares or prior holdings is not provided in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Convertible Preferred Stock | 350 | $0.001 | $0.35 |
| Exercise | Common Stock | 175,000 | $0.001 | $175.00 |
Footnotes (1)
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