BullFrog AI CFO buys 50,000 shares at $0.53

BullFrog AI Holdings, Inc. (BFRG) reported that its Chief Financial Officer, Joshua Blacher, purchased 50,000 shares of common stock on September 22, 2026.

Rhea-AI Filing Summary

BullFrog AI Holdings, Inc. (BFRG) reported that its Chief Financial Officer, Joshua Blacher, purchased 50,000 shares of common stock on September 22, 2026. The shares were bought in open market or private transactions at a weighted average price of $0.5285 per share, with individual trade prices ranging from $0.52 to $0.5294. Following this purchase, he directly owns 65,000 common shares, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 50,000 shares

Net Buy 1 txn

Insider Blacher Joshua

Role Chief Financial Officer

Bought 50,000 shs ($26K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	50,000	$0.5285	$26K

Holdings After Transaction: Common Stock — 65,000 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. The shares of common stock (the "Shares") of BullFrog AI Holdings, Inc. (the "Issuer") were purchased by the Reporting Person at prices ranging from $0.52 to $0.5294, inclusive. The Reporting Person undertakes to provide to the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 1 to this Form 4.

Key Figures

Shares purchased: 50,000 shares Weighted average purchase price: $0.5285 per share Trade price range: $0.52–$0.5294 per share +1 more

4 metrics

Shares purchased 50,000 shares Common stock bought on September 22, 2026

Weighted average purchase price $0.5285 per share Open market or private transactions on September 22, 2026

Trade price range $0.52–$0.5294 per share Price range for the 50,000 purchased shares

Shares owned after transaction 65,000 shares Direct ownership by the Chief Financial Officer following the purchase

Key Terms

weighted average price, open market or private transaction, Rule 10b5-1

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Purchase in open market or private transaction"

Rule 10b5-1 regulatory

"the staff of the Securities and Exchange Commission, upon request"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

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

What insider transaction did BFRG’s Chief Financial Officer report?

BullFrog AI Holdings’ Chief Financial Officer, Joshua Blacher, reported purchasing 50,000 shares of common stock on September 22, 2026, in open market or private transactions at a weighted average price of $0.5285 per share.

How many BFRG shares does the CFO own after this Form 4 transaction?

After the reported transaction, BullFrog AI Holdings’ Chief Financial Officer directly owns 65,000 shares of the company’s common stock, according to the Form 4 filing.

What price did the BFRG CFO pay per share in the reported purchase?

The Chief Financial Officer paid a weighted average price of $0.5285 per BFRG share, with individual trades executed at prices ranging from $0.52 to $0.5294 per share.

Was the BFRG CFO’s share purchase under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so the reported 50,000-share purchase was not affirmed as being made under a Rule 10b5-1 trading plan.

Is the BFRG CFO’s reported ownership direct or indirect?

The Form 4 states that the Chief Financial Officer’s ownership of 65,000 shares of BullFrog AI Holdings common stock is held directly.

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

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Available on EDGAR 09/22/2026 - 04:46 PM Accepted by SEC EDGAR 09/22/2026 - 04:46 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^*

Blacher Joshua

(Last) (First) (Middle)

325 ELLINGTON BLVD

UNIT 317

(Street)

GAITHERSBURG MARYLAND 20878

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BullFrog AI Holdings, Inc. [ BFRG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026

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
Common Stock	09/22/2026		P		50,000	A	$0.5285(1)	65,000	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. The price reported in Column 4 is a weighted average price. The shares of common stock (the "Shares") of BullFrog AI Holdings, Inc. (the "Issuer") were purchased by the Reporting Person at prices ranging from $0.52 to $0.5294, inclusive. The Reporting Person undertakes to provide to the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 1 to this Form 4.

Remarks:

	/s/ Joshua Blacher	09/22/2026
	** 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)