Liuzza Nicholas Reyland JR 4

What Happened

• Nicholas Reyland Liuzza Jr., CEO of Beeline Holdings, reported a disposition (code D) of 70,454 shares on 2026-05-14. The Form 4 lists the transaction price as N/A because the shares were transferred to the issuer; the Board used a $1.88 closing price for valuation, implying an approximate value of $132,454.

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-18).
• Transaction type: Disposition to issuer (D) — shares returned/sold back to the company to settle an obligation.
• Reported price on form: N/A; Board valuation used $1.88 (Nasdaq close) — approx $132,454 total.
• Shares owned after the transaction: Not specified in the provided data.
• Footnotes: (1) Transaction exempt under Rule 16b-3(e) and was preapproved by the Board; (2) Board used $1.88 close for valuation; (3) Reporting person is trustee of a trust with immediate family beneficiaries.
• Filing timeliness: Filed 2026-05-18 for a 2026-05-14 transaction — appears to be filed on time (within the standard two-business-day window).

Context

• This was a disposition to the issuer to settle an obligation created by an error of a third‑party vendor and was preapproved by the Board, which suggests a routine, administrative settlement rather than a market-driven open‑market sale. Such issuer-directed disposals typically do not directly signal insider sentiment about the company’s outlook.