Barrel Energy (BRLL) insider converts Series A Preferred into 250M common shares

Rhea-AI Filing Summary

Barrel Energy Inc. director, officer and 10% owner Willis Jerome Pumphrey Jr converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares of common stock on July 2, 2026 at a 1-for-1,000 conversion ratio, with no cash changing hands.

After the transaction, he directly owns 250,000,000 common shares and 1,000,000 Series A Preferred shares, which are immediately convertible into an additional 1,000,000,000 common shares under the Series A designation. Each remaining Series A Preferred share carries 1,000 votes, giving substantial voting power alongside the large economic stake.

Insights

Equity structure analyst

Insider converts preferred into common and retains large convertible stake.

The reporting person exchanged 250,000 Series A Preferred for 250,000,000 common shares at a 1-for-1,000 ratio, with no cash consideration. This is a structural move, not an open-market purchase or sale, and reflects a shift from preferred to common exposure.

Footnotes show he still holds 1,000,000 Series A Preferred shares, immediately convertible into 1,000,000,000 common shares, each preferred carrying 1,000 votes. This combination preserves significant economic and voting influence. The filing does not address overall shares outstanding, so the proportional impact on the public float cannot be gauged from this excerpt.

Insider Trade Summary

250,000 shares exercised/converted

Mixed 2 txns

Insider Pumphrey Willis Jerome Jr

Role Secretary

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); Common Stock — 250,000,000 shares (Direct)

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: 1:1,000 +4 more

7 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 conversion

Conversion ratio 1:1,000 One preferred share for 1,000 common shares

Common shares held after 250,000,000 shares Direct common stock ownership post-transaction

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

Additional common shares convertible 1,000,000,000 shares Common stock issuable from remaining preferred

Votes per preferred share 1,000 votes Voting power of each Series A Preferred share

Key Terms

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

5 terms

Series A Preferred Stock financial

"converted 250,000 shares of Series A Preferred Stock into 250,000,000 shares"

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

"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"

immediately convertible financial

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

aggregate financial

"convertible into an aggregate of 1,000,000,000 shares of common stock"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 06:25 AM Accepted by SEC EDGAR 07/06/2026 - 06:25 AM Learn about SEC filing dates

FAQ

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

The reporting person converted 250,000 shares of Series A Preferred Stock into 250,000,000 common shares at a 1-for-1,000 ratio. This was an exchange of securities only, with no additional cash consideration paid in the transaction.

How many Barrel Energy (BRLL) shares does the insider own after the conversion?

Following the conversion, the insider directly owns 250,000,000 shares of common stock and 1,000,000 shares of Series A Preferred Stock. The preferred shares remain immediately convertible into an aggregate of 1,000,000,000 additional common shares under the Series A designation.

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

Each Series A Preferred share is convertible into 1,000 common shares of Barrel Energy. In this filing, 250,000 preferred shares were converted into 250,000,000 common shares, and 1,000,000 preferred shares remain convertible into 1,000,000,000 common shares under the existing designation.

Did the Barrel Energy (BRLL) insider pay cash for the new common shares?

No cash was paid for the new common shares. The footnotes state the transaction was purely an exchange of securities, converting Series A Preferred Stock into common stock, with no additional cash consideration involved in completing the conversion.

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. With 1,000,000 preferred shares still held, the insider retains substantial voting power alongside the potential conversion into 1,000,000,000 common shares.

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

The Series A Preferred Stock is immediately convertible and has no stated expiration date. This means the holder can convert preferred shares into common shares at the defined 1-for-1,000 ratio at any time, under the terms of the Series A designation.

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^*

Pumphrey Willis Jerome Jr

(Last) (First) (Middle)

1268 PIERCE STREET

(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)
	Secretary

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(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(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/ Willis J. Pumphrey Jr.	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)