Big Digital Energy (BGDE) 10% Owner Endeavor Blockchain Disposes 650 Shares

What Happened Endeavor Blockchain, listed as a 10% owner of Big Digital Energy (BGDE), reported a disposition of 650 Series D preferred shares on September 24, 2026. The reported price was $5.48 per share for a total reported value of $3,565. The transaction is reported under Code J — an unorthodox acquisition/disposition — rather than a routine open-market sale.

Key Details

• Transaction date and price: 2026-09-24, 650 shares at $5.48 each (total $3,565); Form filed 2026-09-28 (timely within SEC Form 4 deadlines).
• Transaction code: J (unorthodox transaction under Kern County doctrine).
• Shares owned after transaction: Not specified on this filing for Endeavor.
• Notable footnote (F1): YA II PN, Ltd. exercised a right to exchange outstanding debt owed by Six Thirty AI, LLC for these 650 Series D shares pursuant to a June 30, 2026 loan agreement; Six Thirty did not control timing/pricing and YA/lenders are not affiliated with Six Thirty or the other group members — hence Code J.
• Group and officer notes (F2–F6): The filing shows these Series D shares are related to entities/persons in a Section 13(d) group (Six Thirty AI, PM Squared LLC, Joshua Kilgore, Cody Smith, Endeavor Blockchain); Joshua Kilgore is Executive Chairman, Phillip Stanley is CEO, and Cody Smith is COO of the issuer (appointments effective April 6, 2026).

Context This was not a routine open-market sale but an exchange-related disposition reported under Code J: a lender converted debt into equity, affecting holdings tied to the group that includes Endeavor Blockchain. Because this involves a 10% owner and group members who are company officers/directors, retail investors should note the legal/structural nature of the move rather than interpreting it as a straightforward insider buy or sell. The filing appears timely.