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Houston American Energy Insider Form 3 Reveals 10% Stake by Bower Family

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Houston American Energy Corp (HUSA) – SEC Form 3 filing: Bower Family Holdings, LLC has filed an initial statement of beneficial ownership, disclosing direct ownership of 2,180,180 common shares. The filer is classified as a 10% owner, giving it significant influence under Section 16(a) rules. The report covers an event dated 11/11/2024 and is signed by Managing Member Kevin Bower on 07/03/2025. No derivative securities or additional ownership structures are reported.

This routine regulatory filing increases transparency regarding insider holdings but does not, by itself, indicate any change in Houston American’s operations, strategy, or financial performance. Investors may view the large stake as a potential vote of confidence, yet the document provides no purchase price, transaction details, or intent, limiting immediate valuation impact.

Positive

  • Transparency boost: Filing formally confirms a >10% ownership position, giving investors clearer insight into significant insider holdings.

Negative

  • Lack of context: The filing omits purchase price, acquisition method, and strategic intent, limiting its usefulness for valuation analysis.

Insights

TL;DR: 10% owner discloses 2.18 M HUSA shares; transparency up, fundamentals unchanged.

The Form 3 confirms Bower Family Holdings, LLC as a new Section 16 insider with direct control of 2,180,180 HUSA shares. While a >10% holding is material under SEC rules, the disclosure is historical (event date 11/11/2024) and lacks transactional context. No derivatives are listed, suggesting a straightforward equity position. Absent purchase data or strategic commentary, this filing is informational rather than catalytic. Market impact should be minimal unless followed by additional insider activity or activism.

Insider Bower Family Holdings, LLC
Role 10% Owner
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,180,180 shares (Direct)

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many Houston American Energy (HUSA) shares does Bower Family Holdings own?

The Form 3 reports 2,180,180 common shares held directly.

Why is this Form 3 filing important for HUSA investors?

A >10% stake classifies the filer as an insider, signaling potential influence over corporate actions and requiring future transaction disclosures.

Does the filing mention any derivative securities or options?

No. Table II shows no derivative securities owned by the reporting entity.

What is the event date referenced in the filing?

The triggering event date is 11/11/2024, with the form signed on 07/03/2025.

Is there any indication of Bower Family Holdings’ strategic plans for HUSA?

The document provides no commentary on strategy or intent; it is purely a regulatory ownership disclosure.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Bower Family Holdings, LLC

(Last) (First) (Middle)
110 KINGS ROAD

(Street)
KINGS MOUNTAIN NC 28086

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/11/2024
3. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP [ HUSA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,180,180 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Kevin Bower, Managing Member 07/03/2025
** 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 5 (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.