STOCK TITAN

ASST Form 4: Director's 10,000 Shares Redesignated to Class A After Reclassification

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jack John A II, a director of Strive, Inc. (ASST), reported a change in beneficial ownership tied to a share reclassification. On 09/12/2025 the filing shows 10,000 shares of Class B Common Stock were disposed and the reporter holds 0 Class B shares after the transaction. On the same date the reporter is shown as acquiring 10,000 shares of Class A Common Stock and owning 10,000 Class A shares following the transaction. The filing explains these entries result from a corporate reclassification under Rule 16b-7 that redesignated the issuer's original Class A and Class B common stock into new classes with revised par values. The form is signed by an attorney-in-fact on 09/16/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Administrative reclassification changed share classes for a director; no indicated economic sale or purchase beyond redesignation.

The Form 4 records a non-standard transaction code tied to a corporate reclassification rather than a market trade. The reporter moved from holding 10,000 original Class B shares to holding 10,000 newly designated Class A shares, with Class B holdings reduced to zero. For investors, this appears procedural: the report documents ownership mapping after the issuer changed par values and class labels under Rule 16b-7. The filing includes the required signature by an attorney-in-fact.

TL;DR: Change reflects a corporate housekeeping reclassification; disclosure meets Section 16 reporting requirements.

The explanation clarifies the entries arise from a reclassification that redesignated the issuer's original Class A and Class B shares with new par values. The Form 4 discloses the director's post-reclassification holdings and uses the appropriate transaction disclosure. There is no indication of a voluntary economic transfer or change in voting/ownership percentage provided in this filing; it documents compliance with insider reporting rules following the corporate action.

Insider Jack John A II
Role Director
Type Security Shares Price Value
Other Class B Common Stock 10,000 $0.00 --
Other Class A Common Stock 10,000 $0.00 --
Holdings After Transaction: Class B Common Stock — 0 shares (Direct); Class A Common Stock — 10,000 shares (Direct)
Footnotes (1)
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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Jack John A II

(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) 10,000 D (1) 0 D
Class A Common Stock 09/12/2025 J(1) 10,000 A (1) 10,000 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 Jack John A II report on Form 4 for ASST?

The Form 4 shows 10,000 Class B shares disposed and 10,000 Class A shares acquired on 09/12/2025 due to a reclassification.

Why do the transactions on the Form 4 show both a disposal and an acquisition?

The filing explains these entries result from a reclassification under Rule 16b-7 that redesignated the issuer's original Class A and Class B common stock.

How many Class A and Class B shares does the reporting person own after the transaction?

After the reported transaction the filing shows 10,000 Class A shares and 0 Class B shares beneficially owned.

When was the Form 4 signed and by whom?

The Form 4 is signed by Matthew Krueger, Attorney-In-Fact and dated 09/16/2025.