Liuzza Nicholas Reyland JR 4

What Happened
Liuzza Nicholas Reyland JR, the CEO of Beeline Holdings, received 31,111 shares on June 30, 2026 at $2.25 per share, a total value of $70,000. The shares were acquired in a securities exchange (not an open-market purchase) in connection with surrender and cancellation of certain SAFEs.

Key Details

• Transaction date and price: 2026-06-30, 31,111 shares at $2.25 each (total $70,000).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The shares were issued under a Securities Exchange Agreement among Beeline, MagicBlocks, Inc., certain MagicBlocks shareholders and third‑party SAFE holders; the exchange was approved by the issuer’s Special Committee and treated as exempt from Section 16(b) under Rule 16b-3.
• Footnote: The reporting person is the trustee of a trust for which immediate family members are beneficiaries.
• Filing: Report filed 2026-07-02 — appears to be timely (within the typical two-business-day window).

Context
This was an acquisition by exchange (shares issued in return for cancellation of SAFEs), which is different from a cash purchase or a sale. Such transactions can reflect restructuring of cap table or conversion of investor instruments and are not a straightforward personal cash investment signal.