Liuzza Nicholas Reyland JR 4

What Happened

• Liuzza Nicholas Reyland Jr., CEO of Beeline Holdings, reported three gift transactions in September 2025, transferring a total of 33,093 shares of BLNE common stock to his son: 11,750 shares on 2025-09-15, 12,343 shares on 2025-09-19, and 9,000 shares on 2025-09-23. Each transfer was reported as a bona fide gift with $0 consideration.
• These were gifts (not open-market sales or purchases), so they are not direct market-value transactions; total reported proceeds = $0.

Key Details

• Transaction dates and type: 2025-09-15 (gift of 11,750 shares), 2025-09-19 (gift of 12,343 shares), 2025-09-23 (gift of 9,000 shares). All transactions coded G (gift) at $0 price.
• Shares owned after transaction: The filing notes the reporting person continues to be deemed to indirectly beneficially own shares held by a trust (of which he is trustee) and by immediate family members after these gifts (see footnote F4). The provided summary does not list a specific post-transaction total.
• Footnotes: F1–F3 confirm each transfer was a bona fide gift to his son. F4 explains continued indirect beneficial ownership via a trust and immediate family following the gifts.
• Filing timeliness: The Form 4 was filed on 2026-06-23 for transactions in Sept 2025, indicating a late filing. Late Form 4s reduce real-time visibility into insider activity.

Context

• Gifts are not the same as sell orders and do not necessarily reflect the insider’s view of the company’s prospects; they are often for personal, estate-planning, or family reasons.
• For retail investors, purchases and open-market sales generally carry more direct signal value than gifts.