[Form 4] LQR House Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 06/30/2025, LQR House Inc. (ticker: LQR) director Lijun Chen converted 179 restricted stock units (RSUs)—already adjusted for the company’s 1-for-35 reverse split completed on 04/21/2025—into an equal number of common shares at a cost of $0 per share (Form 4, code M). Following the transaction, Chen now holds 358 direct common shares and retains 1,071 RSUs that remain unexercised. The filing, submitted on 07/02/2025, involves a modest share amount and does not disclose any concurrent sale, suggesting the move simply reflects routine vesting of equity compensation rather than an active market purchase.

Insights

Securities Analyst

TL;DR: Routine RSU conversion; immaterial size; neutral market impact.

The Form 4 shows Director Lijun Chen converting 179 RSUs into common shares. No cash was paid and no shares were sold, so Chen’s total direct equity stake doubled to 358 shares while 1,071 RSUs remain outstanding. The transaction appears to be standard equity-compensation vesting, lacking any price-sensitive information on operations or guidance. Given the small absolute share count and absence of open-market buying, the filing is unlikely to influence valuation or liquidity. Overall impact: neutral.

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

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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^*

Chen Lijun

(Last) (First) (Middle)

6538 COLLINS AVE. SUITE 344

(Street)

MIAMI BEACH FL 33141

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LQR House Inc. [ LQR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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(1)	06/30/2025		M		179	A	$0	358(3)	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
Restricted Stock Units(1)	$0	06/30/2025		M			179	06/30/2025	(2)	Common Stock	179	$0	1,071(3)	D

Explanation of Responses:

1. Represents conversion of 179 restricted stock units (as adjusted for 1-for-35 reverse stock split effected by the Issuer on April 21, 2025) granted to Mr. Chen on December 19, 2024 into 179 shares of common stock of the Issuer on June 30, 2025.

2. N/A

3. As adjusted for 1-for-35 reverse stock split effected by the Issuer on April 21, 2025.

	/s/ Lijun Chen	07/02/2025
	** 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.
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FAQ

How many LQR House shares did Director Lijun Chen acquire?

He received 179 common shares through RSU conversion.

What was the cost basis of the RSU conversion?

The RSUs converted at $0 per share, reflecting equity compensation vesting.

What is Chen’s total direct share ownership after the transaction?

Following the filing, Chen directly owns 358 common shares of LQR House.

How many RSUs does Chen still hold?

He retains 1,071 restricted stock units that are unexercised.

Did the filing involve any open-market purchases or sales?

No. The Form 4 only reports a non-cash RSU-to-share conversion; no market transaction occurred.