[Form 4] BOSTON OMAHA Corp Insider Trading Activity

Rhea-AI Filing Summary

Boston Omaha Corporation (BOC) director Brendan J. Keating reported a new equity award on a Form 4. On 11/24/2025, he was granted 4,894 shares of Class A common stock at a price of $12.26 per share under the company’s 2022 Long-Term Incentive Plan for his service on the Board of Directors. Because the grant was issued later in the year than director option grants are typically issued, the shares are described as fully vested.

Following this grant, Keating directly owns 13,694 Class A shares and has additional indirect beneficial ownership of 92,400 shares held by Rosecrest Trust, where he is trustee, and 45,800 shares held in a 401(k) account for his benefit.

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^*

Keating Brendan Joseph

(Last) (First) (Middle)

C/O BOSTON OMAHA CORPORATION

1601 DODGE STREET, SUITE 3300

(Street)

OMAHA NE 68102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BOSTON OMAHA Corp [ BOC ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Class A common stock, par value $0.001 per share	11/24/2025		A		4,894(1)	A	$12.26	13,694	D
Class A common stock, par value $0.001 per share								92,400	I(2)	See footnote(2)
Class A common stock, par value $0.001 per share								45,800	I(3)	See footnote(3)

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 Reporting Person was granted 4,894 shares of Class A common stock pursuant to the Boston Omaha Corporation 2022 Long-Term Incentive Plan for services as a member of the Board of Directors. The shares were issued later in the year than director option grants are typically issued and, as a result, the shares are fully vested.

2. The reported shares are directly owned by Rosecrest Trust, of which Brendan J. Keating is the Trustee. Mr. Keating could be deemed to have indirect beneficial ownership of the shares.

3. The shares are held in a 401(k) account for the benefit of Mr. Keating. Mr. Keating could be deemed to have indirect beneficial ownership of the shares.

	/s/ Brendan J. Keating	11/26/2025
	** 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.

FAQ

What did Brendan J. Keating report in the latest Boston Omaha (BOC) Form 4?

Brendan J. Keating reported receiving 4,894 shares of Boston Omaha Class A common stock on 11/24/2025 as an equity grant for his service on the Board of Directors.

At what price were the new Boston Omaha (BOC) shares granted to Brendan J. Keating?

The 4,894 Class A common shares granted to Brendan J. Keating carried a reported price of $12.26 per share.

Are Brendan J. Keating’s new Boston Omaha (BOC) shares vested?

Yes. The filing states the 4,894 Class A common shares were granted later in the year than typical director option grants and, as a result, are fully vested.

How many Boston Omaha (BOC) shares does Brendan J. Keating own directly after this transaction?

After the reported grant, Brendan J. Keating directly owns 13,694 shares of Boston Omaha Class A common stock.

What indirect Boston Omaha (BOC) holdings are reported for Brendan J. Keating?

The filing reports 92,400 Class A shares held by Rosecrest Trust, where he is trustee, and 45,800 Class A shares held in a 401(k) account for his benefit, both as indirect beneficial ownership.

Under which plan were the Boston Omaha (BOC) shares granted to Brendan J. Keating?

The 4,894 Class A common shares were granted under the Boston Omaha Corporation 2022 Long-Term Incentive Plan for his services as a Board member.