Mathews Michael 4

What Happened Michael Mathews, a director of Avalon GloboCare Corp. (ALBT), was granted 1,364.84 shares reported as a derivative award on 2025-12-12. The filing lists the instrument as Series E Non‑Voting Convertible Preferred Stock; no per‑share price or total dollar value is provided. The shares were received in connection with Avalon’s acquisition of RPM Interactive, Inc. (see footnote).

Key Details

• Transaction date: 2025-12-12 (Form 4 filed 2026-02-24; filing appears late).
• Transaction type/code: Award/Grant (A); 1,364.84 shares of Series E Non‑Voting Convertible Preferred Stock.
• Price/value: Not disclosed (N/A in filing).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Each Preferred share is convertible any time on or after May 12, 2026 (or earlier with issuer consent).
  • F2: The Preferred Stock is perpetual (no expiration).
  • F3: The Preferred Stock was received in exchange for 2,600,000 shares of RPM common stock as part of Avalon’s acquisition of RPM.
• Filing timeliness: The report was filed ~2+ months after the transaction date; this is later than the typical Form 4 reporting window and may reflect an administrative delay.

Context This was an award of convertible preferred stock tied to an acquisition, not an open‑market buy or sale. The preferred shares can convert to common shares starting after May 12, 2026, which could affect dilution for common shareholders if conversion occurs. Awards and acquisition consideration often reflect deal terms rather than an individual insider’s trading intent; they are not a direct buy/sell signal.