Avalanche Treasury insider gifts 815K AVAT shares

A director-affiliated fund reduced its indirect holdings in Avalanche Treasury Corp through a large gift and a repurchase by the issuer.

Rhea-AI Filing Summary

Avalanche Treasury Corp (AVAT) reported that director Robert M. Hadick, through Astral Horizon, L.P., had two indirect dispositions of Class A Common Stock. On September 11, 2026, Astral transferred 815,000 shares as a bona fide gift to unaffiliated entities and one individual for no consideration. On September 14, 2026, Astral disposed of 132,396 shares to Avalanche Treasury Corp under a Stock Repurchase Agreement at $0.9819 per share. Astral is managed by a board-governed general partner; Hadick disclaims beneficial ownership of Astral’s holdings except for any pecuniary interest. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

815,000 shares gifted

Gift 2 txns

Insider Hadick Robert M

Role Director

Type	Security	Shares	Price	Value
Disposition	Class A Common Stock F3, F2	132,396	$0.9819	$130K
Gift	Class A Common Stock F1, F2	815,000	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 2,814,771 shares (Indirect, By Astral Horizon, L.P.)

Footnotes (3)

1. F1. Represents shares of Class A common stock transferred from Astral Horizon, L.P., a Delaware limited partnership ("Astral"), to unaffiliated entities and one individual for no consideration.
2. F2. Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any.
3. F3. Represents shares of Class A common stock sold to the Issuer pursuant to a Stock Repurchase Agreement, dated September 14, 2026, between Astral and the Issuer (the "Stock Repurchase Agreement").

Key Figures

Gifted shares: 815,000 shares of Class A Common Stock Shares repurchased by issuer: 132,396 shares of Class A Common Stock Repurchase price: $0.9819 per share +2 more

5 metrics

Gifted shares 815,000 shares of Class A Common Stock Bona fide gift by Astral Horizon, L.P. on September 11, 2026

Shares repurchased by issuer 132,396 shares of Class A Common Stock Disposition by Astral Horizon, L.P. to Avalanche Treasury Corp on September 14, 2026

Repurchase price $0.9819 per share Price paid by Avalanche Treasury Corp under the September 14, 2026 Stock Repurchase Agreement

Gift consideration $0.00 per share Bona fide gift of 815,000 shares to unaffiliated entities and one individual

Gift transactions count 1 gift transaction Transaction code G for the 815,000-share transfer

Key Terms

bona fide gift, Stock Repurchase Agreement, beneficial ownership, pecuniary interest, +1 more

5 terms

bona fide gift financial

"Represents shares of Class A common stock transferred ... for no consideration."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Stock Repurchase Agreement financial

"shares of Class A common stock sold to the Issuer pursuant to a Stock Repurchase Agreement"

beneficial ownership financial

"Mr. Hadick disclaims beneficial ownership of the securities held by Astral"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein, if any"

Class A common stock financial

"Represents shares of Class A common stock transferred from Astral Horizon, L.P."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions were reported for AVAT in this Form 4?

The filing reports two indirect dispositions of Avalanche Treasury Corp Class A Common Stock by Astral Horizon, L.P.: a bona fide gift of 815,000 shares on September 11, 2026, and a disposition of 132,396 shares to the issuer on September 14, 2026.

Who is the reporting person in this AVAT Form 4 and what is their role?

The reporting person is Robert M. Hadick, identified as a director of Avalanche Treasury Corp. The reported shares were held indirectly through Astral Horizon, L.P., which is managed by its general partner’s board of managers, including Mr. Hadick.

What was the size and nature of the gift transaction for AVAT shares?

On September 11, 2026, Astral Horizon, L.P. transferred 815,000 shares of Avalanche Treasury Corp Class A common stock as a bona fide gift to unaffiliated entities and one individual, for no consideration, as disclosed in the footnotes.

At what price were AVAT shares repurchased by the issuer from Astral Horizon, L.P.?

On September 14, 2026, Avalanche Treasury Corp repurchased 132,396 shares of its Class A common stock from Astral Horizon, L.P. at $0.9819 per share under a Stock Repurchase Agreement dated the same day.

Does Robert M. Hadick claim full beneficial ownership of the AVAT shares held by Astral Horizon, L.P.?

No. The filing states that Mr. Hadick disclaims beneficial ownership of the securities held by Astral Horizon, L.P., except to the extent of his pecuniary interest, if any. Astral’s voting and investment decisions require majority approval of its managers.

Were the AVAT insider transactions made under a Rule 10b5-1 trading plan?

No. The document-level indicator shows no Rule 10b5-1 trading plan for these transactions, and the footnotes do not describe any pre-arranged trading plan for the gift or the repurchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/15/2026 - 04:16 PM Accepted by SEC EDGAR 09/15/2026 - 04:15 PM Learn about SEC filing dates

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

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hadick Robert M

(Last) (First) (Middle)

AVALANCHE TREASURY COMPANY, LLC.

11 W. 42ND STREET, 2ND FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Avalanche Treasury Corp [ AVAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 A Common Stock	09/11/2026		G		815,000(1)	D	$0	2,947,167	I	By Astral Horizon, L.P.(2)
Class A Common Stock	09/14/2026		D		132,396(3)	D	$0.9819	2,814,771	I	By Astral Horizon, L.P.(2)

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. Represents shares of Class A common stock transferred from Astral Horizon, L.P., a Delaware limited partnership ("Astral"), to unaffiliated entities and one individual for no consideration.

2. Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any.

3. Represents shares of Class A common stock sold to the Issuer pursuant to a Stock Repurchase Agreement, dated September 14, 2026, between Astral and the Issuer (the "Stock Repurchase Agreement").

	/s/ Laine Mihalchick Moljo, as Attorney-in-Fact	09/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)