Outdoor Holding Co (POWW) CEO reports 20M warrant grants via LLC and large share holdings
Rhea-AI Filing Summary
Outdoor Holding Co reports that CEO and 10% owner Steven F. Urvan, through GDI Air III LLC, received two indirect warrant grants to buy common stock. One grant covers 13,000,000 warrants at an exercise price of $1.00 per share, exercisable from September 17, 2026 and expiring September 17, 2030. A second grant covers 7,000,000 warrants at $1.81 per share, exercisable from November 30, 2025 and expiring May 30, 2030. Urvan also reports 135,509 shares of common stock held directly and 17,222,857 shares held indirectly through UFO LLC. Footnotes state these interests are held via trust-owned entities and that Urvan disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Urvan Steven F.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrants (right to buy) F3 | 13,000,000 | $0.00 | $0.00 |
| Grant/Award | Warrants (right to buy) F3 | 7,000,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Warrants (right to buy) — 20,000,000 shares (Indirect, By GDI Air III LLC);
Common Stock — 135,509 shares (Direct);
Common Stock — 17,222,857 shares (Indirect, By UFO LLC)
Footnotes (3)
- F1. Represents shares of common stock, par value $0.001 per share ("common stock"), of Outdoor Holding Company (the "Issuer") previously reported as directly held by Steven F. Urvan.
- F2. These shares of common stock are held by UFO LLC ("UFO"). UFO is a single-member limited liability company whose sole member is the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor, investment trust adviser, and a discretionary beneficiary. Mr. Urvan serves as a manager of UFO and, in such capacity, has sole voting and dispositive power over the shares owned or controlled by UFO. Mr. Urvan may be deemed to beneficially own securities of the Issuer held by UFO. Mr. Urvan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Urvan is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F3. These warrants to purchase shares of the Issuer's common stock are held by GDI Air III LLC ("GDI"), whose sole member is UFO. UFO is a single-member limited liability company whose sole member is the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor, investment trust adviser, and a discretionary beneficiary. Mr. Urvan serves as a manager of UFO and, in such capacity, has sole voting and dispositive power over the shares owned or controlled by GDI. Each of UFO and Mr. Urvan may be deemed to beneficially own securities of the Issuer held by GDI. Mr. Urvan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Urvan is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
Key Figures
Warrants granted at $1.00: 13,000,000 warrants at $1.00 per share
Warrants granted at $1.81: 7,000,000 warrants at $1.81 per share
Direct common stock holdings: 135,509 shares
+2 more
5 metrics
Warrants granted at $1.00
13,000,000 warrants at $1.00 per share
Indirectly held by GDI Air III LLC; exercisable 09/17/2026, expiring 09/17/2030
Warrants granted at $1.81
7,000,000 warrants at $1.81 per share
Indirectly held by GDI Air III LLC; exercisable 11/30/2025, expiring 05/30/2030
Direct common stock holdings
135,509 shares
Common stock held directly by Steven F. Urvan after reported transactions
Indirect common stock via UFO LLC
17,222,857 shares
Common stock held indirectly through UFO LLC, linked to the 50 X 50 Trust
Total derivative grants reported
2 derivative transactions
Both are warrant grants classified as acquisitions on this Form 4
Key Terms
Warrants (right to buy), indirect, beneficially own, disclaims beneficial ownership, +1 more
5 terms
Warrants (right to buy) financial
"security_title is listed as Warrants (right to buy) for both derivative grants"
indirect financial
"Ownership type for the warrants is reported as indirect through GDI Air III LLC"
beneficially own financial
"Each of UFO and Mr. Urvan may be deemed to beneficially own securities of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
disclaims beneficial ownership financial
"Mr. Urvan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest"
irrevocable domestic asset protection trust financial
"the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor"
FAQ
What insider transactions did POWW CEO Steven F. Urvan report on this Form 4?
Steven F. Urvan reported two indirect warrant grants via GDI Air III LLC to purchase a total of 20,000,000 Outdoor Holding Co common shares, plus updated common stock holdings both directly and indirectly through UFO LLC and related trust structures.
How many POWW warrants did Steven F. Urvan acquire and at what exercise prices?
Urvan indirectly acquired 13,000,000 warrants with a $1.00 exercise price and 7,000,000 warrants with a $1.81 exercise price, all exercisable into Outdoor Holding Co common stock within the specified future exercise and expiration dates.
When can the newly granted POWW warrants held by GDI Air III LLC be exercised?
The 13,000,000 warrants at $1.00 per share are exercisable starting September 17, 2026, while the 7,000,000 warrants at $1.81 per share are exercisable starting November 30, 2025, each with its own expiration date in 2030.
What are Steven F. Urvan’s reported POWW common stock holdings after these transactions?
Urvan reports 135,509 Outdoor Holding Co common shares held directly and 17,222,857 shares held indirectly through UFO LLC. Footnotes explain that UFO is owned by the 50 X 50 Trust, and Urvan disclaims beneficial ownership beyond his pecuniary interest.
Does this POWW Form 4 indicate any planned trading under Rule 10b5-1?
The filing’s Rule 10b5-1 checkbox is not marked as affirming plan-based trades, and the footnotes for these warrant grants discuss ownership structure and beneficial ownership rather than any pre-arranged trading plan or Rule 10b5-1 arrangements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
