Strive (ASST) Form 4: 1,250,000 Shares Held Indirectly After Reclassification

Rhea-AI Filing Summary

Arman Sarkhani, reporting as Chief Operating Officer and director of Strive, Inc. (ASST), reported Section 16 transactions dated 09/12/2025. The filing shows a deemed acquisition of 1,000,000 Class B shares at $0 and that, following the transactions, 1,250,000 Class B shares are beneficially owned indirectly by Asset Entities Holdings, LLC. The report also records a reclassification under Rule 16b-7 that redesignated original Class B shares as Class A and original Class A shares as Class B, and shows corresponding entries reflecting 1,250,000 Class A shares beneficially owned indirectly and smaller direct dispositions/holdings of 31,734 shares in each class. The reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

Positive

• Reported insider activity with clear disclosure of reclassification and resultant holdings
• Indirect holdings quantified (1,250,000 shares reported beneficially owned by Asset Entities Holdings, LLC)
• Reclassification disclosed under Rule 16b-7, explaining conversion between Class A and Class B shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider-level share reclassification and transfers change reported class holdings but show no cash proceeds or market sales.

The Form 4 documents intra-entity and class-reclassification transactions recorded on 09/12/2025 resulting in Asset Entities Holdings, LLC holding 1,250,000 shares reported as beneficially owned in one class and corresponding reclassified amounts in the other class. The reported $0 price for the acquisition indicates non-cash reclassification or conversion activity rather than an open-market purchase. For valuation or liquidity analysis, market prices and timing of any subsequent sales are not provided.

Corporate Governance Expert

TL;DR: The filing documents internal reclassification and indirect holdings; disclosure follows Section 16 formatting and includes a beneficial ownership disclaimer.

Arman Sarkhani filed the Form 4 through an attorney-in-fact, noting holdings are of record by Asset Entities Holdings, LLC and disclaiming broader beneficial ownership beyond pecuniary interest. The reclassification pursuant to Rule 16b-7 is disclosed explicitly. The form does not indicate any unreported compensation-related transfers or suspicious timing; it provides standard disclosures required under Section 16.

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^*

Sarkhani Arman

(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
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

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).
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FAQ

What transactions did Arman Sarkhani report on the Form 4 for ASST?

The Form 4 reports transactions dated 09/12/2025 including an acquisition of 1,000,000 Class B shares at $0, reclassification entries, and reported beneficial ownership of 1,250,000 shares held indirectly by Asset Entities Holdings, LLC.

Does the filing show insider sales of ASST shares?

The filing shows dispositions of 31,734 shares

Who holds the shares reported on the Form 4 for ASST?

Shares are held of record by Asset Entities Holdings, LLC; the reporting person disclaims beneficial ownership except for pecuniary interest.

What does the $0 price indicate on the Form 4?

The reported $0 price

Was the Form 4 signed and when?

The filing includes a signature by an attorney-in-fact, /s/ Matthew Krueger, dated 09/16/2025.