Form 4: SBEV insider granted 750,000 fully vested warrants

Rhea-AI Filing Summary

Splash Beverage Group (SBEV) reported an insider equity grant. Director and 10% owner Frederick William Caple filed a Form 4 showing the acquisition by grant of 750,000 warrants on July 31, 2025. The warrants have a $0.80 exercise price, are fully vested, and expire on July 31, 2030.

The position is held indirectly through SNS Universal Solutions LLC, which Caple controls. The grant was approved by the board and noted as exempt under Rule 16b-3.

Insights

Equity Markets Analyst

Routine insider grant of 750,000 warrants at $0.80.

The filing records a board-approved grant of warrants to a director and 10% owner. The instrument covers 750,000 shares at an exercise price of $0.80, is fully vested, and expires on July 31, 2030. Ownership is indirect via SNS Universal Solutions LLC, which the reporting person controls.

This is an administrative disclosure of potential share issuance upon exercise, not an immediate cash transaction. Any market impact depends on future holder actions. The exemption under Rule 16b-3 indicates board approval consistent with standard insider compensation practices.

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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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^*

Caple Frederick William

(Last) (First) (Middle)

1314 E LAS OLAS BLVD

SUITE 221

(Street)

FORT LAUDERDALE FL 33301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPLASH BEVERAGE GROUP, INC. [ SBEV ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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

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
Warrants(1)	$0.8	07/31/2025		A		750,000		07/31/2025	07/31/2030	Common Stock	750,000	(1)	750,000	I	SNS Universal Solutions LLC(2)

Explanation of Responses:

1. The grant of the Issuer's warrants was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The warrants are fully vested.

2. SNS Universal Solutions LLC is an entity which the Reporting Person controls.

	/s/ Frederick William Caple	10/20/2025
	** 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 SBEV disclose in this Form 4?

A director and 10% owner reported a board-approved grant of 750,000 warrants at a $0.80 exercise price.

What is the exercise price and term of the warrants for SBEV?

The warrants have a $0.80 exercise price and expire on July 31, 2030.

Who holds the SBEV warrants reported?

They are held indirectly through SNS Universal Solutions LLC, which the reporting person controls.

Are the SBEV warrants vested?

Yes. The filing states the warrants are fully vested.

What rule exempts this SBEV insider transaction?

The filing cites an exemption under Rule 16b-3 due to board approval.

How many SBEV shares are underlying the warrants?

The warrants are exercisable for 750,000 shares of common stock.