[Form 4] Houston American Energy Corp Insider Trading Activity

Rhea-AI Filing Summary

Houston American Energy Corp. (HUSA) – Form 4 filing dated 07/03/2025

The filing discloses that Bower Family Holdings, LLC, already a 10% beneficial owner of HUSA, acquired an additional 3,066,580 shares of common stock on 07/01/2025. The acquisition, coded “P” on the form, was executed through the exchange of the reporting person’s units of Abundia Global Impact Group, LLC pursuant to a Share Exchange Agreement signed on 02/20/2025. Following the transaction, the reporting person now directly owns 5,246,760 HUSA shares, reinforcing its status as a significant insider.

No derivative securities were reported, and no sale or disposition occurred. The filing is signed by Kevin Bower as Managing Member of Bower Family Holdings.

• Form type: SEC Form 4 (Statement of Changes in Beneficial Ownership)
• Reporting person’s relationship to issuer: 10% Owner
• Nature of transaction: Share-for-share exchange (reflected as a purchase)
• Resulting ownership: 5.25 million shares, held directly

For investors, an increase in holdings by a >10% insider can be viewed as a vote of confidence and is a material ownership update that may influence sentiment and float dynamics.

Positive

• Insider ownership increases by 3,066,580 shares, taking total direct holdings to 5,246,760 shares, which can signal confidence and reduce available float.

Negative

• None.

Insights

Equity Research Analyst

TL;DR: 10% owner ups stake to 5.25 M shares via share exchange—signals insider confidence, modestly positive.

The acquisition of over 3 million shares by Bower Family Holdings materially increases its direct stake to 5.25 million shares. Because insiders above the 10% threshold must disclose promptly, this filing confirms the closing of February’s Share Exchange Agreement, indicating no unexpected impediments. While no price was disclosed, the absence of disposition and the scale of the purchase reduce free float and may be interpreted as a bullish governance signal. The transaction does not provide earnings or operational data, so financial impact is limited, but ownership concentration typically aligns interests with minority shareholders and can support the share price, especially in small-cap energy companies like HUSA.

Corporate Governance Specialist

TL;DR: Share exchange completes; insider control rises—neutral to positive governance impact.

This Form 4 documents the mechanical share issuance stemming from an earlier Share Exchange Agreement, not an open-market purchase. Nonetheless, the end result is greater direct ownership by an already significant holder, enhancing alignment but also concentrating influence. Investors should monitor any future related-party transactions and potential board representation, yet today’s disclosure is procedurally clean and timely, with no red flags on compliance.

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
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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^*

Bower Family Holdings, LLC

(Last) (First) (Middle)

110 KINGS ROAD

(Street)

KINGS MOUNTAIN NC 28086

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HOUSTON AMERICAN ENERGY CORP [ HUSA ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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
Common Stock	07/01/2025		P		3,066,580	A	(1)	5,246,760	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

Explanation of Responses:

1. The Reporting Person exchanged all of its units of Abundia Global Impact Group, LLC in exchange for the indicated shares of common stock, par value $0.001, of Houston American Energy Corp. ("HUSA") pursuant to the Share Exchange Agreement, dated February 20, 2025, by and among the HUSA, Abundia Financial LLC and the Reporting Person, as amended.

	/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 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 the Form 4 for HUSA report?

It reported that Bower Family Holdings acquired 3,066,580 shares of Houston American Energy common stock on 07/01/2025.

How many Houston American Energy shares does Bower Family Holdings now own?

The filing shows 5,246,760 shares held directly after the transaction.

What was the nature of the transaction disclosed?

The shares were obtained via a share exchange agreement involving Abundia Global Impact Group, rather than an open-market buy.

Does the filing indicate any share sales by the insider?

No. The Form 4 lists only an acquisition (Code P); no dispositions were reported.

Why is a 10% owner’s Form 4 important to investors?

Changes by >10% insiders are material; increased holdings can signal confidence and affect share supply dynamics.