ASST Insider Filing: Major Share Reclassification and LLC Holdings Disclosed

Rhea-AI Filing Summary

Strive, Inc. (ASST) insider Form 4: The reporting person, Fairbanks Jackson, filed transactions dated 09/12/2025 showing a mix of acquisitions and dispositions recorded on Form 4 and reported on 09/16/2025. The filing shows an acquisition of 1,000,000 shares of Class B Common Stock at $0 and subsequent entries showing 1,250,000 shares of Class B and 1,250,000 shares of Class A held indirectly by Asset Entities Holdings, LLC. The report also records dispositions of 1,250,000 and 31,734 shares in certain classes. The filer disclaims direct beneficial ownership except for pecuniary interest and notes a share reclassification under Rule 16b-7 that redesignated original Class A and Class B shares.

Positive

• Disclosure of large ownership positions via Asset Entities Holdings, LLC (1,250,000 shares reported by class) provides transparency into substantial insider-linked holdings
• Explanation of reclassification under Rule 16b-7 clarifies a technical redesignation of Original Class A and Class B shares

Negative

• Significant dispositions are recorded (1,250,000 and 31,734-share entries) which reduce reported direct holdings to zero for certain classes
• Indirect ownership structure and the filer’s disclaimer of beneficial ownership limit clarity on direct control and voting influence by the reporting person

Insights

Securities Analyst

TL;DR: Large intra-entity transfers and a reclassification created material shifts in share classes but the reporting person claims limited direct ownership.

The Form 4 documents significant share movement on 09/12/2025, including a 1,000,000-share acquisition entry and multiple J-code dispositions and acquisitions tied to Asset Entities Holdings, LLC. The filing highlights indirect ownership of 1,250,000 shares in each class via the LLC and a reclassification under Rule 16b-7 that swapped original Class A and Class B designations. For investors, these are ownership-structure changes rather than disclosed open-market purchases or sales for cash; the reporting person disclaims beneficial ownership beyond pecuniary interest, which limits direct insider-signaling implications.

Corporate Governance Expert

TL;DR: Transaction pattern appears to reflect internal reclassification and LLC-held positions; disclosure is compliant but reduces clarity on direct control.

The Form 4 shows the filer reporting holdings as indirect through Asset Entities Holdings, LLC and explicitly disclaiming beneficial ownership except for pecuniary interest. The Explanation clarifies a Rule 16b-7 exempt reclassification of share classes and that certain Original Class A shares were convertible on a 1-for-1 basis. From a governance perspective, the material movements and indirect ownership warrant attention to voting and control rights tied to the LLC, though the filing does not provide additional governance actions or transfers outside the reclassification 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

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X

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

1. Name and Address of Reporting Person^*

Fairbanks Jackson

(Last) (First) (Middle)

C/O ASSET ENTITIES HOLDINGS, LLC,

100 CRESCENT CT, 7TH FLOOR

(Street)

DALLAS TX 75201

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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
Class B Common Stock	09/12/2025		C		1,000,000	A	$0	1,250,000	I	By Asset Entities Holdings, LLC(1)
Class B Common Stock	09/12/2025		J(2)		1,250,000	D	(2)	0	I	By Asset Entities Holdings, LLC(1)
Class B Common Stock	09/12/2025		J(2)		31,734	D	(2)	0	D
Class A Common Stock	09/12/2025		J(2)		1,250,000	A	(2)	1,250,000	I	By Asset Entities Holdings, LLC(1)
Class A Common Stock	09/12/2025		J(2)		31,734	A	(2)	31,734	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 A Common Stock	(3)	09/12/2025		C			1,000,000	(3)	(3)	Class B Common Stock	1,000,000	$0	0	I	By Asset Entities Holdings, LLC(1)

Explanation of Responses:

1. Shares held of record by Asset Entities Holdings, LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of such person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

2. Pursuant to a reclassification exempt under Rule 16b-7, each share of the issuer's Class B Common Stock, $0.0001 par value per share (the "Original Class B Common Stock"), was redesignated as Class A Common Stock, $0.001 par value per share, and each share of the issuer's Class A Common Stock, $0.0001 par value per share (the "Original Class A Common Stock"), was redesignated as Class B Common Stock, $0.001 par value per share.

3. The Original Class A Common Stock was convertible into the Original Class B Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares, and had no expiration date.

	/s/ Matthew Krueger, Attorney-In-Fact	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 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).
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FAQ

What did Fairbanks Jackson report on Form 4 for ASST?

The filing reports transactions dated 09/12/2025 showing acquisitions and dispositions across Class A and Class B shares and indicates indirect holdings via Asset Entities Holdings, LLC.

How many shares were acquired or reported as owned indirectly?

The Form 4 shows an acquisition entry of 1,000,000 Class B shares and reports 1,250,000 shares of each class held indirectly by Asset Entities Holdings, LLC.

Were there any dispositions reported in the filing?

Yes. The filing records dispositions including 1,250,000 and 31,734 share entries across the reported classes.

What is the significance of the Rule 16b-7 reclassification mentioned?

The filing states a reclassification exempt under Rule 16b-7 redesignated Original Class A and Class B share par values and roles; the document does not state any cash consideration tied to that reclassification.

Does Fairbanks Jackson claim direct beneficial ownership of the shares?

The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest, indicating reported shares are held of record by the LLC.