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AMERICAN BATTERY MATERIALS, INC.·4

May 12, 4:05 PM ET

LEVINTHAL JARED I 4

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American Battery Materials (BLTH) Director Jared Levinthal Acquires 7,026 Shares

What Happened Jared I. Levinthal, a director of American Battery Materials, acquired 7,026 common shares on 2026-03-17 at $3.75 per share for a total reported value of $26,348. The filing indicates these shares were issued as consideration for extending the maturity date of convertible notes (footnote F1). The Form 4 also reports earlier derivative-related entries (one-share entries) tied to convertible notes originated in 2024 and 2025 (see Key Details).

Key Details

  • Primary transaction: 7,026 shares acquired on 2026-03-17 at $3.75 per share (total $26,348). (F1)
  • Prior derivative entries reported as acquisitions of "1 share" on 2024-01-16 ($58,398), 2024-10-21 ($48,665) and 2025-02-11 ($14,974) relate to convertible notes (F2–F4), not purchases of a single common share.
  • Convertible note terms (F2–F4): original principals $30k, $25k, $10k; current principal amounts after extensions are $58,398, $48,665 and $14,974 respectively. Notes are pari-passu with other holders and convertible at a 35% discount to the company’s uplist price; a $6.00/share uplist price is referenced in the footnotes.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Filing date: 2026-05-12 for the transaction dated 2026-03-17 — this appears to be a late filing (reported later than typical Form 4 timing).

Context

  • The 7,026-share entry is an issuance to settle/compensate for extending note maturities (an acquisition/issuance rather than an open-market buy). Purchases or issuances by insiders can be more informative than routine sales, but this entry reflects a financing/extension arrangement rather than a classic market purchase.
  • The earlier "1 share" derivative lines reflect convertible-note positions and their reported principal values and conversion mechanics; they should be read as disclosures about debt convertible into equity, not literal single-share buys.
  • Late filings can delay public visibility into insider actions; investors may wish to monitor subsequent filings (e.g., changes in beneficial ownership or conversions) for updates.