Strive (ASST) Insider Form 4: 31,218 Shares Reclassified to Class A
Rhea-AI Filing Summary
Lee Jason Youngsuk, Chief Technology Officer of Strive, Inc. (ticker: ASST), reported a change in beneficial ownership related to a share class reclassification. On 09/12/2025 the reporting person had 31,218 shares of Class B common stock reported as disposed and 31,218 shares of Class A common stock reported as acquired, resulting in 0 Class B shares and 31,218 Class A shares beneficially owned after the transaction. The Form 4 was signed by an attorney-in-fact on 09/16/2025 and was filed by a single reporting person. The filing states the trades reflect a reclassification under Rule 16b-7 that redesignated original Class B shares as Class A and original Class A shares as Class B.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine share reclassification moved holdings between classes; no new economic change disclosed.
The Form 4 documents an internal share class redesignation under a specified exemption, not an open-market purchase or sale. The reporting person’s total economic exposure appears unchanged because the same quantity of shares moved from Class B to Class A. This filing is procedural and reflects capitalization mechanics rather than a strategic disposition or acquisition.
TL;DR: Transaction is a technical reclassification of 31,218 shares; investor impact appears minimal.
The entry shows 31,218 Class B shares marked as disposed and 31,218 Class A shares marked as acquired on 09/12/2025 with beneficial ownership of 31,218 Class A shares after the transaction. There is no cash price reported and no derivative activity disclosed. For investors, this is a housekeeping disclosure under Section 16 rather than evidence of trading intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock | 31,218 | $0.00 | -- |
| Other | Class A Common Stock | 31,218 | $0.00 | -- |
Footnotes (1)
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FAQ
What change did Lee Jason Youngsuk report on Form 4 for ASST?
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