December 31, 2025 · Form 4 insider transaction
LAMBRECHT COREY ALLEN bought 69,381 shares of AREB at $7.50 per share, a transaction worth $520.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 7 days after the transaction.
Series D Convertible Preferred Stock issued and the common stock underlying conversion, was reserved for issued pursuant to the Issuer's Amended and Restated 2025 Stock Incentive Plan.; Each share of Series D Convertible Preferred Stock is valued at $7.50 per share and is convertible into 5 shares of Common Stock (at an effective conversion prices of $1.50 per share).; Issuance of Series D Convertible Preferred Stock for $520,351.28 in accrued bonuses, other owed amounts and accrued board member fees.; There is no expiration date for the Series D Convertible Preferred Stock.