Lazar David E. bought ATER
July 17, 2026 · Form 4 insider transaction
Lazar David E. bought 1,750,000 shares of Aterian, Inc. at $2.00 per share, a transaction worth $3.50M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 56 days after the transaction.
Footnotes
On July 17, 2026, the Reporting Person acquired 1,750,000 shares of Series AAA Convertible Non-Redeemable Preferred Stock at $2.00 per share (the "Series AAA Preferred Shares"), for an aggregate purchase price of $3,500,000, pursuant to the Securities Purchase Agreement dated April 27, 2026. Following receipt of the requisite stockholder approvals, each Series AAA Preferred Share may be converted into 135.1 shares of Common Stock (up to 236,425,000 shares in the aggregate) at a conversion price of $0.0148, for no additional consideration.; Each of the Series AAA Preferred Shares and Series AA Convertible Non-Redeemable Preferred Stock (the "Series AA Preferred Shares") are perpetual and therefore have no expiration date.