Beeline (BLNE) CEO converts 2,333,629 shares; now holds 4,215,177
Beeline Holdings (BLNE): CEO, Director, and 10% Owner Nicholas R. Liuzza Jr. reported a conversion of Series G Convertible Preferred Stock into common stock.
Rhea-AI Filing Summary
Beeline Holdings (BLNE): CEO, Director, and 10% Owner Nicholas R. Liuzza Jr. reported a conversion of Series G Convertible Preferred Stock into common stock. On 10/10/2025, he acquired 2,333,629 common shares at $1.67 per share under a Code C transaction, which was exempt under Rule 16b-6(b). Following the conversion, he beneficially owned 4,215,177 shares directly and 223,716 shares indirectly via the Nicholas R. Liuzza Jr. Trust - 2020.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series G Convertible Preferred Stock | 7,641,488 | $0.00 | $0.00 |
| Conversion | Common Stock | 2,333,629 | $1.67 | $3.90M |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The Reporting Person converted shares of Series G Convertible Preferred Stock into shares of the Issuer's common stock, which was exemept under Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-6(b).
- F2. The reporting person is trustee of the trust, and members of the reporting person's immediate family are beneficiaries of the trust.
- F3. The preferred stock is perpetual and therefore has no expiration date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BLNE disclose?
The CEO, Nicholas R. Liuzza Jr., converted Series G Convertible Preferred Stock into common stock in a Code C transaction.
Does the reporting person have indirect BLNE holdings?
Yes, 223,716 shares are held indirectly via the Nicholas R. Liuzza Jr. Trust - 2020.
Was the BLNE transaction exempt from short-swing liability?
Yes. The conversion was exempt under Rule 16b-6(b).
Does the preferred stock have an expiration date?
No. The preferred stock is perpetual and has no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.