Form 4: Beeline CEO Converts Preferred Stock to Common

Beeline Holdings CEO Nicholas Liuzza Jr. converted over 7.6 million Series G Convertible Preferred Stock shares into 2.3 million common shares at $1.67 per share.

Summary

• Nicholas Reyland Liuzza Jr., who serves as CEO, Director, and a 10% Owner of Beeline Holdings, Inc. (BLNE), reported a change in his beneficial ownership.
• On October 10, 2025, Liuzza converted 7,641,488 shares of Series G Convertible Preferred Stock into 2,333,629 shares of the Issuer's common stock.
• The conversion was executed at a price of $1.67 per share.
• Following this transaction, Liuzza directly beneficially owns 4,215,177 shares of Common Stock.
• An additional 223,716 shares of Common Stock are indirectly beneficially owned through the Nicholas R. Liuzza Jr. Trust 2020, where Liuzza is the trustee and immediate family members are beneficiaries.
• The conversion was exempt under Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-6(b).
• The Series G Convertible Preferred Stock is perpetual and does not have an expiration date.

Sentiment

Score: 5

Explanation: The filing reports a standard insider conversion of preferred stock to common stock, which is a neutral event in itself, though it increases the CEO's direct common equity alignment.

Positives

• The conversion of preferred stock to common stock by a key insider (CEO, Director, 10% Owner) can signal confidence in the company's long-term common equity value.
• Increases the CEO's direct common stock holdings, further aligning his interests with common shareholders.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This filing reports a routine insider transaction (conversion of preferred stock to common stock) and does not provide information relevant to broader industry trends or competitor analysis.

Related Party Transactions

• Indirect beneficial ownership of 223,716 common shares is held through the Nicholas R. Liuzza Jr. Trust 2020, where the reporting person is trustee and immediate family members are beneficiaries. This is a standard disclosure for insider ownership structures.

Stakeholder Impact

• Shareholders: Increased transparency regarding insider holdings and alignment of the CEO's interests with common shareholders.

Key Dates

Keywords

Beeline Holdings, BLNE, Form 4, insider transaction, stock conversion, preferred stock, common stock, Nicholas Liuzza Jr., CEO, beneficial ownership, SEC filing