Form 3: Ramaswamy discloses 113.9M direct and 28.38M trust shares in ASST

Rhea-AI Filing Summary

Form 3 filed for Strive, Inc. (ASST) shows Vivek Ramaswamy reported initial beneficial ownership following a 09/12/2025 event. He directly holds 113,877,916 Class B shares and indirectly holds 28,378,826 Class B shares through the Ramaswamy 2021 Irrevocable Trust, which is managed for the benefit of Apoorva Ramaswamy and descendants. The reporting person disclaims beneficial ownership except to the extent of pecuniary interest. The filing was signed by Stephen Roberts as attorney-in-fact on 09/16/2025.

Positive

• Clear disclosure of both direct (113,877,916) and indirect (28,378,826) Class B share holdings
• Trust details provided specifying the Ramaswamy 2021 Irrevocable Trust benefits (Apoorva Ramaswamy and descendants), improving transparency
• Form 3 properly filed and signed by attorney-in-fact, establishing an official ownership baseline under Section 16

Negative

• None.

Insights

Financial Analyst

TL;DR: Large disclosed insider stake increases transparency but creates concentration in Class B shares.

The Form 3 documents substantial initial holdings by Vivek Ramaswamy in Strive, Inc., with a total of 142,256,742 Class B shares combining direct and indirect positions. This establishes his ownership baseline for future Section 16 reporting and helps investors track insider activity. The indirect holding through an irrevocable trust and the disclaimer of beneficial ownership except for pecuniary interest are clearly stated, which clarifies voting/control nuances but does not change the aggregate economic exposure disclosed.

Corporate Governance Expert

TL;DR: Initial disclosure aligns with Section 16 requirements and clarifies trust-held shares and disclaimer language.

The filing appropriately identifies the reporter as a director and provides the breakdown between direct and trust-held Class B shares. Stating the trust beneficiary structure and the disclaimer of beneficial ownership is standard practice and useful for assessing governance and control implications. No derivative securities are reported, and the signature by an attorney-in-fact is noted.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Ramaswamy Vivek

(Last) (First) (Middle)

C/O STEVE ROBERTS

853 NEW JERSEY AVE., SE STE. 200-231

(Street)

WASHINGTON DC 20003

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2025

3. Issuer Name and Ticker or Trading Symbol
Strive, Inc. [ ASST ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock	113,877,916(1)	D
Class B Common Stock	28,378,826(2)	I	By Ramaswamy 2021 Irrevocable Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents only securities held directly.

2. Represents securities held by Ramaswamy 2021 Irrevocable Trust, a trust managed for the benefit of Apoorva Ramaswamy and descendants. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

	By: /s/ Stephen Roberts, as Attorney-in-Fact for Vivek Ramaswamy	09/16/2025
	** 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 5 (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 Class B share amounts did Vivek Ramaswamy report on Form 3 for ASST?

The filing reports 113,877,916 Class B shares held directly and 28,378,826 Class B shares held indirectly via the Ramaswamy 2021 Irrevocable Trust.

When was the event requiring the Form 3 statement for Vivek Ramaswamy?

The Date of Event requiring the statement is 09/12/2025 and the Form 3 was signed on 09/16/2025.

How does the filing describe the indirect ownership of 28,378,826 shares?

Those shares are held by the Ramaswamy 2021 Irrevocable Trust, managed for the benefit of Apoorva Ramaswamy and descendants; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

Did the Form 3 report any derivative securities for ASST?

No; Table II for derivative securities shows no entries, so no derivative securities are reported.

What role does Vivek Ramaswamy have with the issuer according to the filing?

The filing checks Director as the reporting person’s relationship to the issuer; no officer title is listed.