Beeline (BLNE) CEO Nicholas Liuzza Converts Note to 333,333 Shares

What Happened Nicholas Reyland Liuzza Jr., CEO of Beeline Holdings, converted a convertible note into 333,333 shares of Beeline common stock on August 19, 2026. The conversion price was $1.50 per share, representing $500,000 in value. This was an acquisition via conversion of a derivative (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-19 (conversion)
• Shares acquired: 333,333 at $1.50 per share; total value $500,000
• Filing date: 2026-08-24 (filed 5 days after the transaction; later than the typical 2-business-day Form 4 deadline)
• Shares owned after transaction: Not specified in the provided summary
• Footnote F1: The convertible note automatically converted to common stock; the issuance is exempt from Section 16(b) under Rule 16b-3 because the conversion and issuance were pre-approved by the Board.
• Footnote F2: The reporting person is trustee of a trust; immediate family members are beneficiaries.

Context This was a conversion of a convertible note into stock (a derivative conversion), not a market buy or sale. Such conversions are often mechanical outcomes of financing documents and, per the filing, were Board-approved and exempt from short-swing profit rules under Rule 16b-3. The late filing may be noteworthy for disclosure timing but does not by itself indicate trading intent.