ASST Form 4: Director Converts 10,000 Class B to Class A Shares

Rhea-AI Filing Summary

Burton Richard Alfred, a director of Strive, Inc. (ticker: ASST), reported a securities reclassification and related change in beneficial ownership dated 09/12/2025. The filing shows 10,000 shares of the issuer's Class B Common Stock were disposed (reported as D) leaving 0 Class B shares beneficially owned following the transaction, and 10,000 shares of Class A Common Stock were acquired (reported as A), resulting in 10,000 Class A shares beneficially owned. The report states these changes occurred pursuant to a reclassification exempt under Rule 16b-7 that redesignated Original Class B shares as Class A and Original Class A as Class B. The Form 4 was signed by an attorney-in-fact on 09/16/2025 for the reporting person.

Positive

• Transparent disclosure of the reclassification and resulting share counts for the reporting director
• Clear dates and quantities: 10,000 Class B shares disposed and 10,000 Class A shares acquired on 09/12/2025
• Compliance with Section 16 filing requirements, signed by attorney-in-fact on 09/16/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine, non-economic reclassification converted 10,000 Class B shares into 10,000 Class A shares for a director.

The filing documents a mechanical reclassification under Rule 16b-7 rather than an open-market purchase or sale. The director ended with 10,000 Class A shares and 0 Class B shares after the transaction dated 09/12/2025. Because the change arises from a corporate reclassification, there is no disclosed cash consideration or change in aggregate share count attributable to the reporting person. Impact to financial metrics or ownership percentage is not provided in the Form 4 and appears routine.

Corporate Governance Expert

TL;DR: Compliance filing shows transparent reporting of a reclassification-driven ownership shift by a director.

The Form 4 identifies the reporting person as a director and discloses the conversion of holdings between share classes pursuant to an exempt reclassification. The filing was executed by an attorney-in-fact on 09/16/2025. From a governance perspective, the disclosure meets Section 16 requirements by reporting the class-level movement and resulting beneficial ownership. The form does not disclose any transfers outside the reclassification, cash proceeds, or additional context.

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^*

Burton Richard Alfred

(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 did Burton Richard Alfred report on Form 4 for ASST?

The Form 4 reports that on 09/12/2025 he had 10,000 Class B shares disposed (resulting in 0 Class B) and 10,000 Class A shares acquired, with the filing signed on 09/16/2025.

Why were the shares converted between classes in the ASST filing?

The filing states the change occurred pursuant to a reclassification exempt under Rule 16b-7, redesignating Original Class B as Class A and Original Class A as Class B.

Did the Form 4 disclose any cash proceeds or market trades for ASST?

No. The Form 4 shows a reclassification-driven disposal and acquisition of share classes and does not disclose any cash price or open-market sale proceeds.

How many shares does the reporting person beneficially own after the transaction?

After the reported transaction the reporting person beneficially owns 10,000 Class A shares and 0 Class B shares.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Matthew Krueger, Attorney-In-Fact on 09/16/2025.