[Form 4] Live Ventures Inc Insider Trading Activity

Rhea-AI Filing Summary

Live Ventures (NASDAQ:LIVE) filed a Form 4 on 26-Jun-2025. CEO/President/10% owner Jon Isaac, through Isaac Capital Group (ICG), purchased 36,915 common shares on 23-24 Jun at a weighted average $8.70, raising indirect holdings to 1,611,398 shares.

The filing also records the acquisition of a $12 million unsecured line-of-credit promissory note (Fourth Amendment, effective 8-Apr-2025) that is convertible at $7.85 into up to 1,528,662 shares. Current principal outstanding is $9.445 million, or ≈1.2 million potential shares, creating meaningful dilution risk alongside evidence of insider confidence.

Positive

• None.

Negative

• Potential dilution of up to 1,528,662 new shares from insider-held convertible note convertible at $7.85, equal to a significant portion of current float

Insights

Insider Transaction Analyst

TL;DR – Insider buys signal commitment, but size modest

36,915-share purchase adds just 2.3 % to Isaac’s stake and totals ≈$321 k, a confidence indicator yet below the $500 k material threshold. The $12 m convertible note gives him conversion optionality at $7.85, aligning insider incentives with share-price appreciation. Investors may read the buying as support near current levels.

Equity Risk Analyst

TL;DR – Convertible note poses dilution overhang

The note’s 1.53 m potential shares could roughly double Isaac’s ownership and materially expand LIVE’s share count, introducing dilution risk if fully converted. While the credit line supplies liquidity, it concentrates control and may pressure valuation given the conversion strike sits within recent trading ranges. Net impact leans negative despite modest open-market buys.

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^*

Isaac Jon

(Last) (First) (Middle)

325 E. WARM SPRINGS RD.

SUITE 102

(Street)

LAS VEGAS NV 89119

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIVE VENTURES Inc [ LIVE ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2025

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	06/23/2025		P		15,204	A	$7.916(1)	1,589,687	I	Isaac Capital Group, LLC
Common Stock	06/24/2025		P		21,711	A	$9.237(1)	1,611,398(2)	I	Isaac Capital Group, LLC

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 Note(3)	$7.85(3)	04/08/2025(4)		A		1,528,662(5)		04/08/2025	04/08/2030	Common Stock	1,528,662(5)	$0	1,528,662(5)	I	Isaac Capital Group, LLC

Explanation of Responses:

1. Represents the weighted average price of shares purchased.

2. Includes (i) 217,177 shares of common stock owned by Jon Isaac; and (ii) 1,394,221 shares of common stock owned by Isaac Capital Group, LLC ("ICG"), of which Jon Isaac is the sole member and manager.

3. The Fourth Amendment to Unsecured Line of Credit Promissory Note (the "Note") effective April 8, 2025, and maturing on April 8, 2030, between ICG and Live Ventures Incorporated ("Live") provides for the conversion, at ICG's sole option, of any, or all, of the outstanding obligations under the Note, into shares of common stock of Live based upon a Conversion Price of $7.85. The maximum credit amount under the Note is $12,000,000.

4. Effective date of Note, providing for conversion of any, or all, of the outstanding obligations under the Note, into shares of common stock of Live.

5. The maximum credit amount available under the Note is $12,000,000, which, when divided by the Conversion Price of $7.85, determines the maximum potential number of shares of common stock into which the Note is convertible (1,528,662). The actual number of issuable shares will vary throughout the term of the Note due to changes in the amounts Live borrows under the Note and repays under the Note. As of the date of this filing, the outstanding principal under the Note is $9,445,000, less than the maximum credit amount.

Remarks:

	/s/ Jon Isaac	06/25/2025
	** 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

How many Live Ventures (LIVE) shares did Jon Isaac buy in June 2025?

He acquired 36,915 shares on 23-24 Jun 2025.

What were the purchase prices for Jon Isaac's June 2025 trades?

Shares were bought at weighted averages of $7.916 on 23 Jun and $9.237 on 24 Jun.

What is the maximum number of LIVE shares issuable under Isaac’s convertible note?

The note can be converted into up to 1,528,662 common shares at $7.85.

How much principal is outstanding on the convertible note as of this filing?

Outstanding principal is $9.445 million.

What is Jon Isaac’s total beneficial ownership after these transactions?

He beneficially owns 1,611,398 shares (including direct and ICG holdings).