STOCK TITAN

AMERICAN BATTERY MATERIALS (BLTH) issues 4,895 shares for promissory note extension

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AMERICAN BATTERY MATERIALS, INC. director-related entity Quail Run Holdings LLC received 4,895 shares of common stock on March 17, 2026. The shares were issued as consideration for extending the maturity date of a promissory note under a note extension agreement. Following this non-cash restructuring transaction, indirect holdings associated with director Glenn Dylan total 19,138 common shares.

Positive

  • None.

Negative

  • None.
Insider Glenn Dylan
Role null
Type Security Shares Price Value
Other Common Stock 4,895 $3.75 $18K
Holdings After Transaction: Common Stock — 19,138 shares (Indirect, As trustee of Quail Run Holdings LLC)
Footnotes (1)
  1. [object Object]
Shares issued 4,895 shares Common stock issued for promissory note maturity extension
Implied price per share $3.75 per share Form 4 transaction price for issued common stock
Indirect holdings after transaction 19,138 shares Total common stock indirectly held after March 17, 2026
Restructuring share count 4,895 shares Shares tied to restructuring/other transaction (code J)
Transaction date March 17, 2026 Date of common stock issuance for note extension
promissory note financial
"issued in consideration for the extension of the maturity date of a promissory note"
A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.
note extension agreement financial
"pursuant to the terms of the note extension agreement"
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "As trustee of Quail Run Holdings LLC""
other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition""
SEC Form 4
FORM 4UNITED 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*
Glenn Dylan

(Last)(First)(Middle)
500 WEST PUTNAM AVE SUITE 400

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN BATTERY MATERIALS, INC. [ BLTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)03/17/2026J4,895A$3.7519,138IAs trustee of Quail Run Holdings LLC
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock issued in consideration for the extension of the maturity date of a promissory note, pursuant to the terms of the note extension agreement
/s/ Dylan Glenn05/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did AMERICAN BATTERY MATERIALS (BLTH) report for Glenn Dylan?

BLTH reported an "other" insider transaction involving 4,895 common shares tied to director Glenn Dylan. The shares were issued to Quail Run Holdings LLC for extending a promissory note’s maturity, reflecting a non-cash restructuring rather than an open-market buy or sell.

How many BLTH shares did Quail Run Holdings LLC receive in this Form 4 filing?

Quail Run Holdings LLC received 4,895 shares of BLTH common stock. These shares were issued as consideration for extending the maturity date of a promissory note, according to the note extension agreement described in the filing’s footnote.

What is Glenn Dylan’s indirect BLTH share ownership after this transaction?

After the transaction, entities associated with director Glenn Dylan indirectly hold 19,138 BLTH common shares. These shares are listed as held through Quail Run Holdings LLC, where Dylan is identified as trustee, according to the Form 4 disclosure.

Was the BLTH Form 4 transaction a buy or sell of common stock?

The Form 4 does not report an open-market buy or sell. It classifies the action under code J as “other acquisition or disposition,” reflecting share issuance for a promissory note maturity extension, which is a restructuring-type, non-cash consideration.

How was the price per BLTH share reported in this restructuring transaction?

The filing reports a transaction price of $3.75 per BLTH share for the 4,895 common shares issued. This figure is part of the Form 4 data and reflects how the non-cash consideration was measured for the note maturity extension.