[Form 4] Strive, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Reynolds David Livingston, a director of Strive, Inc. (ASST), reported a non-economic reclassification of his shares on 09/12/2025. The filing shows 5,000 shares of Class B Common Stock were reclassified and disposed of, and 5,000 shares of Class A Common Stock were acquired, leaving him with 5,000 shares of Class A Common Stock beneficially owned. The filer states this occurred pursuant to a reclassification exempt under Rule 16b-7, which redesignated the issuer's Class A and Class B shares with adjusted par values. The report was signed by an attorney-in-fact on 09/16/2025.

Insights

Corporate Governance Expert

TL;DR: This Form 4 documents a routine, non-economic share reclassification by a director under Rule 16b-7.

The filing shows a straightforward redesignation of share classes: 5,000 shares of Class B were converted and reported as disposed, while 5,000 shares of Class A were acquired, resulting in 5,000 Class A shares beneficially owned. The explanation cites a Rule 16b-7 exempt reclassification, indicating this is a structural change in share labels/par values rather than a sale or purchase affecting economic exposure. From a governance perspective, the disclosure is timely and complete for a single reporting person filing; there is no indication of voting-control shifts or transfer of economic interest in the submission.

Securities Compliance Analyst

TL;DR: Transaction appears procedural and compliant with Rule 16b-7; no material change to beneficial ownership economics.

The Form 4 lists a 09/12/2025 transaction where 5,000 Class B shares were redesignated to Class A shares, leaving the reporting person with 5,000 Class A shares. The filing is signed by an attorney-in-fact on 09/16/2025 and identifies the reporting person as a director. Because the filing cites a Rule 16b-7 reclassification, this suggests the transfer is exempt and intended to preserve Section 16 reporting alignment after a corporate share-class restructuring. For compliance review, documentation of the underlying corporate action and confirmation of exempt treatment would be the next steps, but the Form 4 itself records the required change in beneficial ownership reporting.

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^*

Reynolds David Livingston

(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)

X	Director		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		J(1)		5,000	D	(1)	0	D
Class A Common Stock	09/12/2025		J(1)		5,000	A	(1)	5,000	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

Explanation of Responses:

1. 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.

	/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).
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 change did Reynolds David Livingston report on Form 4 for ASST?

The filing reports that 5,000 shares of Class B Common Stock were redesignated as Class A Common Stock on 09/12/2025, resulting in 5,000 Class A shares beneficially owned.

Was the transaction an open-market sale or purchase?

No. The Form 4 states the change was a reclassification exempt under Rule 16b-7, indicating a procedural redesignation rather than an economic sale or purchase.

What is the reporting person's relationship to Strive, Inc. (ASST)?

The reporting person, Reynolds David Livingston, is identified as a Director of Strive, Inc.

When was the Form 4 signed and filed?

The signature on the form is dated 09/16/2025, and the earliest transaction date reported is 09/12/2025.

Did the reclassification change the total number of shares beneficially owned by the reporting person?

The filing shows the reporting person ended with 5,000 shares of Class A Common Stock; it records 5,000 Class B shares disposed and 5,000 Class A shares acquired, consistent with a reclassification.