Barrel Energy (BRLL) insider converts 250,000 preferred into 250M common shares

Rhea-AI Filing Summary

Barrel Energy Inc. director and treasurer Alfreddie Johnson converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares of common stock on July 2, 2026. The exchange used a 1-for-1,000 conversion ratio and involved no additional cash consideration.

Following the conversion, Johnson directly owns 250,000,000 common shares and 1,000,000 Series A Preferred shares. The remaining preferred shares are immediately convertible, with no stated expiration date, into an aggregate of 1,000,000,000 common shares. Each remaining preferred share carries 1,000 votes, subject to the Series A designation.

Insights

Equity & Governance Analyst

Large preferred-to-common conversion concentrates equity and preserves significant voting power.

Director and treasurer Alfreddie Johnson converted 250,000 Series A Preferred shares into 250,000,000 common shares at a 1-for-1,000 ratio on July 2, 2026. The filing states this was a pure securities exchange with no cash consideration, so it reshapes the capital structure rather than reflecting a market purchase or sale.

After the transaction, Johnson holds 250,000,000 common shares plus 1,000,000 Series A Preferred shares. Those remaining preferred shares are immediately convertible into 1,000,000,000 common shares and have 1,000 votes each, subject to the Series A designation. This combination of large potential conversion capacity and high voting rights underscores concentrated influence over both ownership and corporate decisions.

The filing shows no remaining derivative positions beyond the Series A Preferred described in the footnotes, and there is no mention of a trading plan. Future company disclosures may provide more detail on how the Series A designation, including voting and conversion terms, operates over time.

Insider Trade Summary

250,000 shares exercised/converted

Mixed 2 txns

Insider Johnson Alfreddie

Role Treasurer

Type	Security	Shares	Price	Value
Conversion	Series A Preferred Stock	250,000	$0.00	--
Conversion	Common Stock	250,000,000	$0.00	--

Holdings After Transaction: Series A Preferred Stock — 1,000,000 shares (Direct, null); Common Stock — 250,000,000 shares (Direct, null)

Footnotes (1)

1. On July 2, 2026, the Reporting Person converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares of the Issuer's common stock at a conversion ratio of one preferred share for 1,000 common shares. The transaction was an exchange of securities, and no additional cash consideration was paid. Following the conversion, the Reporting Person directly owns 250,000,000 shares of common stock and 1,000,000 shares of Series A Preferred Stock. The remaining preferred shares are convertible into an aggregate of 1,000,000,000 shares of common stock, subject to the Series A designation, as amended. The Series A Preferred Stock is immediately convertible and has no stated expiration date. Each remaining share of Series A Preferred Stock carries 1,000 votes, subject to the Series A designation, as amended.

Key Figures

Preferred shares converted: 250,000 shares Common shares received: 250,000,000 shares Conversion ratio: 1 preferred : 1,000 common +3 more

6 metrics

Preferred shares converted 250,000 shares Series A Preferred converted on July 2, 2026

Common shares received 250,000,000 shares Common stock issued upon preferred conversion

Conversion ratio 1 preferred : 1,000 common Series A Preferred Stock terms

Preferred shares remaining 1,000,000 shares Series A Preferred held after conversion

Common shares underlying remaining preferred 1,000,000,000 shares Aggregate common shares still convertible

Votes per preferred share 1,000 votes Voting rights of remaining Series A Preferred

Key Terms

Series A Preferred Stock, conversion ratio, exchange of securities, aggregate, +1 more

5 terms

Series A Preferred Stock financial

"The remaining preferred shares are convertible into an aggregate of 1,000,000,000 shares of common stock, subject to the Series A designation, as amended."

Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.

conversion ratio financial

"converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares of the Issuer's common stock at a conversion ratio of one preferred share for 1,000 common shares."

The conversion ratio is the number of common shares an investor receives when a convertible security (like a bond or preferred share) or an exchangeable instrument is turned into ordinary stock. It matters because it tells investors how much ownership or dilution will occur — similar to knowing how many slices you get when you trade in a coupon — and directly affects the value you get from the convertible and the company’s future share count.

exchange of securities financial

"The transaction was an exchange of securities, and no additional cash consideration was paid."

aggregate financial

"The remaining preferred shares are convertible into an aggregate of 1,000,000,000 shares of common stock, subject to the Series A designation, as amended."

voting rights financial

"Each remaining share of Series A Preferred Stock carries 1,000 votes, subject to the Series A designation, as amended."

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 09:50 AM Accepted by SEC EDGAR 07/06/2026 - 09:50 AM Learn about SEC filing dates

FAQ

What did Barrel Energy (BRLL) insider Alfreddie Johnson do in this Form 4?

Alfreddie Johnson converted 250,000 shares of Series A Preferred Stock into 250,000,000 common shares on July 2, 2026. The filing explains this was an exchange of securities only, with no additional cash paid in the transaction.

What is the Series A Preferred Stock conversion ratio at Barrel Energy (BRLL)?

Each Series A Preferred share converts into 1,000 common shares, according to the filing. Johnson converted 250,000 preferred shares into 250,000,000 common shares using this fixed 1-for-1,000 ratio on July 2, 2026.

How many Barrel Energy (BRLL) shares does Alfreddie Johnson hold after the conversion?

Following the conversion, Johnson directly owns 250,000,000 common shares and 1,000,000 Series A Preferred shares. The remaining preferred shares are convertible into an aggregate of 1,000,000,000 common shares, subject to the Series A designation, as amended.

Does the Series A Preferred Stock at Barrel Energy (BRLL) have an expiration date?

The filing states that the Series A Preferred Stock is immediately convertible and has no stated expiration date. This means the remaining preferred shares can be converted into common stock at any time, subject to the Series A designation terms.

What voting rights are attached to Barrel Energy (BRLL) Series A Preferred Stock?

Each remaining Series A Preferred share carries 1,000 votes, subject to the Series A designation, as amended. This grants substantial voting power tied to the preferred shares in addition to their ability to convert into common stock.

Was any cash involved when Barrel Energy (BRLL) preferred shares were converted?

No cash changed hands in the transaction. The filing clarifies that converting 250,000 Series A Preferred shares into 250,000,000 common shares was an exchange of securities only, with no additional cash consideration paid.

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^*

Johnson Alfreddie

(Last) (First) (Middle)

100 PIERCE ST

SUITE 510

(Street)

CLEARWATER FLORIDA 33756

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Barrel Energy Inc. [ BRLL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/02/2026		C		250,000,000	A	$0.00(1)	250,000,000(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Preferred Stock	$0.00(1)	07/02/2026		C			250,000	(3)	(3)	Common Stock	$250,000,000	(1)	1,000,000(2)(4)	D

Explanation of Responses:

1. On July 2, 2026, the Reporting Person converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares of the Issuer's common stock at a conversion ratio of one preferred share for 1,000 common shares. The transaction was an exchange of securities, and no additional cash consideration was paid.

2. Following the conversion, the Reporting Person directly owns 250,000,000 shares of common stock and 1,000,000 shares of Series A Preferred Stock. The remaining preferred shares are convertible into an aggregate of 1,000,000,000 shares of common stock, subject to the Series A designation, as amended.

3. The Series A Preferred Stock is immediately convertible and has no stated expiration date.

4. Each remaining share of Series A Preferred Stock carries 1,000 votes, subject to the Series A designation, as amended.

	/s/ Alfreddie Johnson	07/06/2026
	** 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)