NorthStrive CFO surrenders 12,857 shares for cancellation

The CFO's 12,857-share cancellation was part of a 629,998-share pro rata forfeiture after the underwriters' Over-allotment Option expired unexercised.

Rhea-AI Filing Summary

NorthStrive Acquisition Corp I. Chief Financial Officer James Stuart Dawson surrendered 12,857 Class B ordinary shares to the company for cancellation on October 20, 2026, for no consideration. The cancellation became effective that day, retroactive to October 3, 2026. It represented his pro rata share of a 629,998-share forfeiture after the underwriters' Over-allotment Option expired unexercised. Dawson held 85,714 Class B ordinary shares following the transaction.

Insider Trade Summary

Other: 12,857 shares

Other 1 txn

Insider Dawson James Stuart

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Other	Class B ordinary shares, par value $0.0001 per share F1, F2	12,857	$0.00	$0.00

Holdings After Transaction: Class B ordinary shares, par value $0.0001 per share — 85,714 shares (Direct)

Footnotes (2)

1. F1. Class B ordinary shares (the "Initial Shares") were issued in a private placement to the Initial Shareholders of NorthStrive Acquisition Corp I. (the "Company") prior to the Company's initial public offering. Each Class B ordinary share will automatically convert into one Class A ordinary share at the time of the Company's initial Business Combination (or earlier at the option of the holder), on a one-for-one basis, subject to adjustment, as described in the Company's Amended and Restated Memorandum and Articles of Association and the final prospectus for the Company's initial public offering (File No. 333-297611).
2. F2. On October 20, 2026, the Reporting Person forfeited and surrendered 12,857 Class B ordinary shares to the Company for cancellation, for no consideration, pursuant to Section 1.4.1 of the Underwriting Agreement, dated August 17, 2026, between the Company and D. Boral Capital LLC, as representative of the several underwriters therein, as amended by Amendment No. 1 to Underwriting Agreement, dated as of October 8, 2026, (the "UA Amendment"). The cancellation became effective on October 20, 2026, with retroactive effect to October 3, 2026. The UA Amendment implements the pro rata allocation of the 629,998-share forfeiture required because the underwriters' Over-allotment Option expired unexercised on October 3, 2026. The Reporting Person's share of that forfeiture (12,857 Initial Shares) was calculated pro rata based on the Initial Shares held by the Reporting Person relative to the aggregate Initial Shares outstanding as set forth in Exhibit A to the UA Amendment.

Key Figures

Class B ordinary shares surrendered: 12,857 shares Class B ordinary shares following transaction: 85,714 shares Aggregate shares forfeited: 629,998 shares

3 metrics

Class B ordinary shares surrendered 12,857 shares Surrendered for cancellation on October 20, 2026, for no consideration

Class B ordinary shares following transaction 85,714 shares James Stuart Dawson's direct holdings after the transaction

Aggregate shares forfeited 629,998 shares Forfeiture required after the underwriters' Over-allotment Option expired unexercised

Key Terms

Initial Shares, Over-allotment Option, pro rata allocation

3 terms

Initial Shares technical

"Class B ordinary shares (the “Initial Shares”)"

Over-allotment Option financial

"the underwriters' Over-allotment Option expired unexercised"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

pro rata allocation financial

"implements the pro rata allocation of the 629,998-share forfeiture"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NSAI shares did CFO James Stuart Dawson surrender?

James Stuart Dawson surrendered 12,857 Class B ordinary shares to NorthStrive Acquisition Corp I. for cancellation on October 20, 2026, for no consideration. The cancellation became effective that day, retroactive to October 3, 2026.

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

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Available on EDGAR 10/22/2026 - 04:06 PM EDT Accepted by SEC EDGAR 10/22/2026 - 04:05 PM EDT Learn about SEC filing dates

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^*

Dawson James Stuart

(Last) (First) (Middle)

120 NEWPORT CENTER DRIVE

(Street)

NEWPORT BEACH CALIFORNIA 92660

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NorthStrive Acquisition Corp I. [ NSAI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2026

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
Class B ordinary shares, par value $0.0001 per share(1)	10/20/2026(2)		J(2)		12,857	D	$0.00(2)	85,714	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. Class B ordinary shares (the "Initial Shares") were issued in a private placement to the Initial Shareholders of NorthStrive Acquisition Corp I. (the "Company") prior to the Company's initial public offering. Each Class B ordinary share will automatically convert into one Class A ordinary share at the time of the Company's initial Business Combination (or earlier at the option of the holder), on a one-for-one basis, subject to adjustment, as described in the Company's Amended and Restated Memorandum and Articles of Association and the final prospectus for the Company's initial public offering (File No. 333-297611).

2. On October 20, 2026, the Reporting Person forfeited and surrendered 12,857 Class B ordinary shares to the Company for cancellation, for no consideration, pursuant to Section 1.4.1 of the Underwriting Agreement, dated August 17, 2026, between the Company and D. Boral Capital LLC, as representative of the several underwriters therein, as amended by Amendment No. 1 to Underwriting Agreement, dated as of October 8, 2026, (the "UA Amendment"). The cancellation became effective on October 20, 2026, with retroactive effect to October 3, 2026. The UA Amendment implements the pro rata allocation of the 629,998-share forfeiture required because the underwriters' Over-allotment Option expired unexercised on October 3, 2026. The Reporting Person's share of that forfeiture (12,857 Initial Shares) was calculated pro rata based on the Initial Shares held by the Reporting Person relative to the aggregate Initial Shares outstanding as set forth in Exhibit A to the UA Amendment.

	/s/ James Dawson	10/22/2026
	** 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)