American Battery (BLTH) CEO awarded 98,101 shares for note extensions

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AMERICAN BATTERY MATERIALS, INC. director and CEO David Edward Graber reported several restructuring-related transactions. He received 98,101 shares of common stock at $3.75 per share on March 17, 2026, issued as consideration for extending the maturity dates of certain convertible and promissory notes. Following this, he directly holds 1,008,203 common shares.

He also reported two convertible notes. One note has current principal of $495,821 and is tentatively convertible into 127,136 common shares at $6.00 per share, and a second note has principal of $247,500, tentatively convertible into 63,462 shares at the same price. Both notes are pari-passu with other noteholders and are described as convertible at a 35% discount to the uplist price if and when the company is able to uplist to the NYSE.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Graber David Edward

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Other	Common stock	98,101	$3.75	$368K
Other	Convertible Note	1	$247,500.00	$248K
Other	Convertible Note	1	$495,821.00	$496K

Holdings After Transaction: Common stock — 1,008,203 shares (Direct, null); Convertible Note — 2 shares (Direct, null)

Footnotes (1)

Convertible note originally issued on 3/21/2024 in the amount of $254,713.44, with current principal of $495,821 after MFN adjustment on 10/23/2024 and subsequent maturity extensions on 4/1/2025, 7/31/2025, 10/31/2025 and 1/31/2026 Pari-Passu with other noteholders convertible at a 35% discount to the uplist price if/when the company is able to uplist to NYSE. Tentatively, the price is $6.00. Convertible note originally issued on 10/23/2025 in the amount of $200,000, with current principal of $247,500 after MFN adjustment on 10/31/2025 and maturity extension on 1/31/2026 Pari-Passu with other noteholders convertible at a 35% discount to the uplist price if/when the company is able to uplist to NYSE. Tentatively, the price is $6.00. Represents shares of common stock issued in consideration for the extension of the maturity date of convertible and promissory notes, pursuant to the terms of the note extension agreements.

Key Figures

Common shares issued: 98,101 shares Issue price per share: $3.75 per share Post-transaction share holding: 1,008,203 shares +5 more

8 metrics

Common shares issued 98,101 shares Common stock issued on March 17, 2026 for note maturity extensions

Issue price per share $3.75 per share Price for 98,101 common shares issued as consideration

Post-transaction share holding 1,008,203 shares Total BLTH common shares held directly by CEO after transactions

Convertible note principal (larger) $495,821 Current principal of convertible note originally issued March 21, 2024

Convertible note principal (smaller) $247,500 Current principal of convertible note originally issued October 23, 2025

Underlying shares (larger note) 127,136 shares Common stock underlying larger convertible note at tentative $6.00 price

Underlying shares (smaller note) 63,462 shares Common stock underlying smaller convertible note at tentative $6.00 price

Tentative conversion price $6.00 per share Reference price used in footnotes for convertible notes and uplist discount

Key Terms

Convertible note, MFN adjustment, Pari-Passu, uplist, +1 more

5 terms

Convertible note financial

"Convertible note originally issued on 3/21/2024 in the amount of $254,713.44"

A convertible note is a type of loan that a company gets from investors, which can later be turned into company shares instead of being paid back in cash. It matters because it helps startups raise money quickly without setting a fixed value for the company right away, making it easier to grow and attract investors.

MFN adjustment financial

"with current principal of $495,821 after MFN adjustment on 10/23/2024"

Pari-Passu financial

"Pari-Passu with other noteholders convertible at a 35% discount"

uplist financial

"discount to the uplist price if/when the company is able to uplist to NYSE"

Uplist means a publicly traded company moving its shares from a smaller trading venue to a larger, more prestigious stock exchange or tier. Think of a local shop opening a storefront in a major shopping mall: it can attract more customers, make shares easier to buy and sell, and signal that the company meets stricter listing rules — all factors that can increase investor interest and access to capital.

note extension agreements financial

"issued in consideration for the extension of the maturity date of convertible and promissory notes, pursuant to the terms of the note extension agreements"

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:05 PM

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^*

Graber David Edward

(Last)

(First)

(Middle)

500 W 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock⁽³⁾	03/17/2026		J		98,101	A	$3.75	1,008,203	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Convertible Note⁽¹⁾	$6	03/31/2024	03/31/2024	J		1		06/30/2026	06/30/2026	Common Stock	127,136	$495,821	1	D
Convertible Note⁽²⁾	$6	10/23/2025	10/23/2025	J		1		06/30/2026	06/30/2026	Common Stock	63,462	$247,500	2	D

Explanation of Responses:

1. Convertible note originally issued on 3/21/2024 in the amount of $254,713.44, with current principal of $495,821 after MFN adjustment on 10/23/2024 and subsequent maturity extensions on 4/1/2025, 7/31/2025, 10/31/2025 and 1/31/2026 Pari-Passu with other noteholders convertible at a 35% discount to the uplist price if/when the company is able to uplist to NYSE. Tentatively, the price is $6.00.

2. Convertible note originally issued on 10/23/2025 in the amount of $200,000, with current principal of $247,500 after MFN adjustment on 10/31/2025 and maturity extension on 1/31/2026 Pari-Passu with other noteholders convertible at a 35% discount to the uplist price if/when the company is able to uplist to NYSE. Tentatively, the price is $6.00.

3. Represents shares of common stock issued in consideration for the extension of the maturity date of convertible and promissory notes, pursuant to the terms of the note extension agreements.

	/s/ David Graber	05/12/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did BLTH CEO David Graber report?

David Graber reported three restructuring-related transactions: 98,101 BLTH common shares issued for extending note maturities, and two direct holdings of convertible notes with principals of $495,821 and $247,500, each linked to future potential conversion into common stock under specified terms.

How many AMERICAN BATTERY (BLTH) shares does the CEO hold after this Form 4?

After these transactions, CEO David Graber directly holds 1,008,203 shares of AMERICAN BATTERY MATERIALS common stock. This reflects the addition of 98,101 shares issued as consideration for extending the maturity dates of certain convertible and promissory notes under existing note extension agreements.

What are the key terms of David Graber’s BLTH convertible notes?

Graber holds two convertible notes with current principals of $495,821 and $247,500. Footnotes state they are pari-passu with other noteholders and are described as convertible at a 35% discount to an NYSE uplist price, tentatively using a $6.00 per share reference.

How many BLTH shares are underlying the CEO’s convertible notes?

The Form 4 shows underlying common stock of 127,136 shares for the larger convertible note and 63,462 shares for the smaller note. These figures reflect the tentative share amounts associated with a $6.00 per share reference price described in the footnotes.

Why were 98,101 AMERICAN BATTERY shares issued to the CEO?

The filing explains that 98,101 common shares were issued to David Graber as consideration for extending the maturity dates of certain convertible and promissory notes. These issuances occurred pursuant to note extension agreements rather than open-market purchases or sales by the executive.

Did the BLTH CEO buy or sell shares on the open market in this Form 4?

The transactions are coded as “J” (other acquisition or disposition) and relate to note extensions and convertible note positions. The transaction summary shows no open-market buys or sells; all three entries are categorized as restructuring-type events rather than standard market trades.