[Form 4] DevvStream Corp. Insider Trading Activity

Rhea-AI Filing Summary

DevvStream Corp. insider Focus Impact Partners, LLC, a ten percent owner, converted its convertible promissory notes into equity. The notes, which reflected consulting services and loans previously provided to DevvStream, were fully converted into 2,526,405 Common Shares at a price of $0.9026 per share. Following this derivative conversion, Focus Impact now directly holds 2,526,405 common shares and no remaining position in the related convertible notes, shifting its exposure from creditor to shareholder.

Insights

Equity & governance analyst

Focus Impact converted debt into 2.53M DevvStream shares, a neutral but clarifying shift from lender to shareholder.

Focus Impact Partners, LLC converted two convertible promissory notes into 2,526,405 DevvStream common shares at $0.9026 per share. The notes arose from consulting services and loans, so this transaction exchanges a creditor claim for equity ownership.

The filing shows an acquire-side derivative conversion (code C), not an open‑market purchase or sale. After the transaction, the reporting holder owns 2,526,405 common shares directly, with no remaining derivative position related to these notes.

This type of conversion is typically viewed as administrative: it crystallizes the capital structure and removes note overhang tied to these instruments. Future company filings may provide more context on how this equity position fits within DevvStream’s broader shareholder base.

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^*

Focus Impact Partners, LLC

(Last) (First) (Middle)

1345 AVENUE OF THE AMERICAS, 33RD FLOOR

(Street)

NEW YORK NEW YORK 10105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DevvStream Corp. [ DEVS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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 Shares	03/13/2026		C		2,526,405	A	$0.9026	2,526,405	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
Convertible Promissory Note	$0.9026	03/13/2026		C			2,526,405	(1)	(1)	Common Shares	2,526,405	$0.9026	0	D

Explanation of Responses:

1. The Reporting Person provided consulting services to the Issuer and loaned funds to the Issuer, pursuant to two convertible promissory notes. The Reporting Person and Issuer entered into a Conversion Agreement to convert all amounts owed into 2,526,405 Common Shares at a per share price of $0.9026.

	/s/ Julio C. Esquivel as Attorney-In-Fact for Reporting Person	03/20/2026
	** 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)