Plum Acquisition IV director converts 25K founder shares

Q: What insider transaction did PLMK director Avanish Sahai report on this Form 4?

Avanish Sahai reported a conversion of 25,000 Class B ordinary shares into 25,000 Class A ordinary shares of Plum Acquisition Corp, IV on 2026-07-09, effected at the holder’s election and held indirectly through the Karnavy Sahai Trust.

Q: What happened to the 25,000 Class B founder shares in PLMK in this Form 4?

The 25,000 Class B ordinary shares converted into 25,000 Class A ordinary shares pursuant to an election by the reporting person, consistent with the automatic conversion terms described in Plum Acquisition Corp, IV’s registration statement.

Q: Are the PLMK Class B ordinary shares subject to expiration under the reported terms?

No. The filing states that the Class B ordinary shares have no expiration date. They automatically convert into Class A ordinary shares after the initial business combination or earlier at the option of the holder, subject to adjustment.

Q: Who legally holds the PLMK shares involved in Avanish Sahai’s Form 4?

The shares are held by the Karnavy Sahai Trust, and Avanish Sahai is the trustee. The Form 4 notes the shares are held indirectly, with this trust identified as the holding entity.

Plum Acquisition Corp, IV (PLMK) director Avanish Sahai reported a conversion of founder shares.

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Form Type

Rhea-AI Filing Summary

Plum Acquisition Corp, IV (PLMK) director Avanish Sahai reported a conversion of founder shares. On 2026-07-09, 25,000 Class B ordinary shares held indirectly through the Karnavy Sahai Trust were automatically converted, at the holder’s election, into 25,000 Class A ordinary shares. The Class B shares have no expiration date and convert into Class A shares at a ratio of no less than one-to-one following the initial business combination or earlier at the holder’s option.

Insider Trade Summary

25,000 shares exercised/converted

Exercise 2 txns

Insider Sahai Avanish

Role Director

Type	Security	Shares	Price	Value
Conversion	Class B ordinary shares ^{F1, F3, F2}	25,000	$0.00	$0.00
Conversion	Class A ordinary shares ^{F1, F2}	25,000	--	--

Holdings After Transaction: Class B ordinary shares — 0 contracts (Indirect, See footnote); Class A ordinary shares — 25,000 shares (Indirect, See footnote)

Footnotes (3)

F1. Each Class B ordinary share, par value $0.0001, ("Class B Shares") will automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer ("Class A Shares") at a ratio of no less than one-to-one following the consummation of the Issuer's initial business combination, or earlier at the option of the holder thereof, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-281144). The Class B Shares have no expiration date.
F2. The shares are held by Karnavy Sahai Trust, of which the Reporting Person is the trustee.
F3. The reported Class B Shares converted into Class A Shares pursuant to an election by the Reporting Person.

Key Figures

Class B shares converted: 25,000 Class B ordinary shares Class A shares received: 25,000 Class A ordinary shares Class B shares following transaction: 0 Class B ordinary shares +2 more

5 metrics

Class B shares converted 25,000 Class B ordinary shares Converted into Class A ordinary shares on 2026-07-09

Class A shares received 25,000 Class A ordinary shares Received upon conversion of Class B shares on 2026-07-09

Class B shares following transaction 0 Class B ordinary shares Indirect holdings after the reported conversion

Par value per share $0.0001 Par value for both Class B ordinary shares and Class A ordinary shares

Exercise/expiration No expiration date Class B ordinary shares have no expiration date under the stated terms

Key Terms

Class B ordinary shares, Class A ordinary shares, initial business combination, automatic conversion, +1 more

5 terms

Class B ordinary shares financial

"Each Class B ordinary share, par value $0.0001, ("Class B Shares") will automatically"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Class A ordinary shares financial

"convert into Class A ordinary shares, par value $0.0001, of the Issuer"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

initial business combination financial

"no less than one-to-one following the consummation of the Issuer's initial business combination"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

automatic conversion financial

"will automatically convert into Class A ordinary shares, par value $0.0001"

par value financial

"Each Class B ordinary share, par value $0.0001, ("Class B Shares")"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

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

What insider transaction did PLMK director Avanish Sahai report on this Form 4?

Avanish Sahai reported a conversion of 25,000 Class B ordinary shares into 25,000 Class A ordinary shares of Plum Acquisition Corp, IV on 2026-07-09, effected at the holder’s election and held indirectly through the Karnavy Sahai Trust.

How many Plum Acquisition Corp, IV (PLMK) shares does Avanish Sahai hold after this transaction?

Following the reported conversion, the indirect position shows 25,000 Class A ordinary shares and 0 Class B ordinary shares, all held through the Karnavy Sahai Trust of which Avanish Sahai is the trustee.

What happened to the 25,000 Class B founder shares in PLMK in this Form 4?

The 25,000 Class B ordinary shares converted into 25,000 Class A ordinary shares pursuant to an election by the reporting person, consistent with the automatic conversion terms described in Plum Acquisition Corp, IV’s registration statement.

Are the PLMK Class B ordinary shares subject to expiration under the reported terms?

No. The filing states that the Class B ordinary shares have no expiration date. They automatically convert into Class A ordinary shares after the initial business combination or earlier at the option of the holder, subject to adjustment.

Who legally holds the PLMK shares involved in Avanish Sahai’s Form 4?

The shares are held by the Karnavy Sahai Trust, and Avanish Sahai is the trustee. The Form 4 notes the shares are held indirectly, with this trust identified as the holding entity.

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Available on EDGAR 08/20/2026 - 04:15 PM Accepted by SEC EDGAR 08/20/2026 - 04:15 PM

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^*

Sahai Avanish

(Last)

(First)

(Middle)

C/O PLUM ACQUISITION CORP. IV

2021 FILLMORE ST. #2089

(Street)

SAN FRANCISCO

CALIFORNIA

94115

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Plum Acquisition Corp, IV [ PLMK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	07/09/2026		C		25,000	A	⁽¹⁾	25,000	I⁽²⁾	See footnote⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B ordinary shares	⁽¹⁾	07/09/2026		C			25,000⁽³⁾	⁽¹⁾	⁽¹⁾	Class A ordinary shares	25,000	$0.00	0	I⁽²⁾	See footnote⁽²⁾

Explanation of Responses:

1. Each Class B ordinary share, par value $0.0001, ("Class B Shares") will automatically convert into Class A ordinary shares, par value $0.0001, of the Issuer ("Class A Shares") at a ratio of no less than one-to-one following the consummation of the Issuer's initial business combination, or earlier at the option of the holder thereof, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-281144). The Class B Shares have no expiration date.

2. The shares are held by Karnavy Sahai Trust, of which the Reporting Person is the trustee.

3. The reported Class B Shares converted into Class A Shares pursuant to an election by the Reporting Person.

	/s/ Tricia Banker, Attorney-in-Fact	08/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR