American Battery Materials Form 4: 1,816 shares issued at $4
Rhea-AI Filing Summary
American Battery Materials (BLTH) director Dylan Glenn reported an insider transaction on 10/31/2025. He acquired 1,816 shares of common stock at $4 per share, held indirectly through Quail Run Holdings LLC. The filing notes these shares were issued as consideration for extending the maturity date of a promissory note under a note extension agreement.
After the transaction, Glenn’s beneficial ownership totals 11,013 shares, all held indirectly.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 showing non‑open‑market share issuance tied to a note extension.
The disclosure records a director receiving 1,816 shares at $4 on 10/31/2025, held indirectly via Quail Run Holdings LLC. The explanation states the shares were issued as consideration for extending a promissory note’s maturity, indicating a non-open-market, compensatory issuance rather than a purchase or sale.
Post-transaction beneficial ownership is 11,013 shares, all indirect. This is an administrative insider update; actual market impact depends on broader float and trading activity, which are not addressed in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,816 | $4.00 | $7K |
Footnotes (1)
- F1. 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
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