Axil Brands (AXIL) director Penna Thomas reports holding 18,000 shares

Rhea-AI Filing Summary

Axil Brands, Inc. director reports initial share holdings. On 01/15/2026, director Penna Thomas filed an initial ownership statement showing beneficial ownership of 18,000 shares of Axil Brands common stock, held directly. This filing is a routine disclosure required when an individual becomes a director or otherwise subject to insider reporting rules. The form indicates no derivative securities such as options or warrants and notes that a power of attorney authorizing the attorney-in-fact to sign on the reporting person’s behalf is attached as an exhibit.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Penna Thomas

(Last) (First) (Middle)

C/O AXIL BRANDS, INC.

9150 WILSHIRE BOULEVARD, UNIT 245

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/15/2026

3. Issuer Name and Ticker or Trading Symbol
Axil Brands, Inc. [ AXIL ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	18,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Power of attorney is attached hereto as Exhibit 24.

	/s/ Jeff Brown, as Attorney-in-Fact	01/20/2026
	** 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 5 (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 insider position does Penna Thomas hold at Axil Brands, Inc. (AXIL)?

Penna Thomas is a director of Axil Brands, Inc., as indicated by the checked box for director on the ownership report, with no officer or 10% owner roles marked.

How many Axil Brands (AXIL) shares does director Penna Thomas beneficially own?

The report shows beneficial ownership of 18,000 shares of Axil Brands common stock, listed in Table I as directly owned.

Are Penna Thomas’s Axil Brands (AXIL) shares held directly or indirectly?

The filing classifies the 18,000 common shares as directly owned, using the ownership code “D” in the non-derivative securities table and leaving the indirect ownership fields blank.

Does Penna Thomas hold any derivative securities of Axil Brands (AXIL)?

The section for derivative securities is present but shows no listed derivative positions, indicating no reported options, warrants, or other derivative securities at the time of the filing.

What is the event date for Penna Thomas’s initial Axil Brands (AXIL) ownership report?

The date of the event requiring the statement is given as 01/15/2026, which is when the insider status or reportable ownership position triggered the filing requirement.

Who signed the Axil Brands (AXIL) Form 3 for Penna Thomas?

The form is signed by /s/ Jeff Brown, as Attorney-in-Fact, on 01/20/2026, with a remark that a power of attorney is attached as Exhibit 24 authorizing this signature.