American Rebel (AREB) President Corey Lambrecht Sells 10,000 Series D Shares

What Happened

• Corey Allen Lambrecht (President, COO and Director) reported a sale of 10,000 Series D Convertible Preferred Stock on 2026-09-22. The filing lists the transaction as a sale at $7.50 per share, totaling $75,000. The reported security is a derivative (Series D convertible preferred), not common stock.

Key Details

• Transaction date: 2026-09-22; reported filing date: 2026-09-28 (filed 6 days after the trade; Form 4 is normally due within 2 business days, so this appears late).
• Price and value: $7.50 per Series D share; 10,000 shares; total reported value $75,000.
• Security type: Series D Convertible Preferred Stock (derivative). Each Series D share is convertible into 5 shares of common stock (effective conversion price $1.50 per common share) — see footnote F1.
• Footnotes of note:
  • F1: Each Series D share = $7.50 and converts into 5 common shares (effective $1.50/common).
  • F2: Notes a private sale of Series D for $37,500 (filing shows $75,000 for 10,000 shares; see original filing for reconciliation).
  • F3: Series D and underlying common were issued/reserved under the Issuer’s Amended & Restated 2025 Stock Incentive Plan.
  • F4: Series D has no expiration date.
• Shares owned after transaction: Not specified in the summary information provided in this notice.

Context

• This filing reports a sale of convertible preferred shares (a derivative). If converted later, each preferred share would convert into five common shares (10,000 pref → up to 50,000 common). Sales of insider-held securities can be routine (tax, diversification, plan-based) and do not by themselves prove a change in the insider’s view of the company. Check the full Form 4 for any additional details or reconciliation between the $75,000 line-item and the $37,500 private sale footnote.