Strive, Inc.: director Lavish James exercised 14,815 shares

What happened

• Lavish James, director, exercised or converted 14,815 derivative securities on Sep 30, 2026; the filing shows 14,815 shares acquired and 14,815 shares disposed (derivative) on Sep 30, 2026.
• The filing also reports a grant/award of 9,878 restricted stock units (RSUs) acquired on Oct 1, 2026. Prices and total dollar values are listed as N/A in the filing.

Key details

• Transaction dates and codes:
  • Sep 30, 2026: exercise/conversion (code M) — 14,815 shares acquired (price: N/A) and 14,815 shares disposed (price: N/A, derivative).
  • Oct 1, 2026: grant/award (code A) — 9,878 RSUs acquired (price: N/A, derivative).
• Shares owned after the transactions: not specified in the filing.
• Relevant footnotes from the filing:
  • F1: Each RSU represents a contingent right to receive 1 share of the issuer's Class A common stock upon settlement. The RSUs vested on the first anniversary of Sep 30, 2025. Vesting does not constitute a sale but a conversion to shares by default.
  • F2: The filing anticipates a subsequent Form 4 to disclose the sale of shares to pay taxes resulting from the RSU vesting.
  • F3: Each RSU represents a contingent right to 1 share; the RSUs will fully vest on the first anniversary of Sep 30, 2026, subject to the reporting person’s continuous service through that date.
• Filing timeliness: the filing does not indicate whether it was late.

Why it may matter

• The filing shows an exercise/conversion of derivative securities with the same number of shares acquired and disposed on Sep 30, 2026, and a separate RSU grant on Oct 1, 2026.
• RSU grants are not market trades at grant; they represent contingent rights to shares subject to vesting terms.
• The filing does not show why the insider traded or why the company acted.