AMERICAN BATTERY MATERIALS, INC. (BLTH) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-05-12

Key Insights

Director Jared Levinthal acquired 7,026 shares of common stock at $3.75/share on 03/17/2026, bringing his direct beneficial ownership to 25,698 shares, demonstrating insider confidence in the company at current valuation levels.
The filing reveals three convertible notes totaling approximately $121,937 in principal value (originally $65,000) with multiple extension agreements, indicating potential financial strain and dilution concerns as these notes are convertible at a 35% discount to an anticipated uplist price.
All three convertible notes have identical expiration dates of 06/30/2026, creating a potential liquidity event or refinancing requirement within 2 months from the filing date that could significantly impact shareholders through dilution if conversion occurs.
The convertible notes feature repeated maturity extensions (5-6 extensions per note since origination), suggesting the company has faced difficulties meeting original payment obligations and may continue to struggle with debt management.

Want the newest filings?

This analysis covers the filing from 2026-05-12. New 10-K, 10-Q and 8-K filings are analyzed the moment they are released — exclusively in the app.

Download on the App Store Open in app →

Earlier Insider Trading filings

Filed: 2026-05-12

Director Glenn Dylan acquired 4,895 shares of common stock on 03/17/2026 at $3.75 per share through a promissory note extension agreement, indicating insider confidence in the company despite receiving equity rather than cash repayment.
The transaction increases Dylan's beneficial ownership to 19,138 shares held indirectly through Quail Run Holdings LLC, suggesting meaningful personal investment and alignment with shareholder interests.
The use of equity for debt extension rather than cash repayment may indicate potential liquidity constraints at BLTH, though it also demonstrates the company's ability to negotiate flexible terms with insiders.

Filed: 2026-05-12

Director Justin Vorwerk acquired 20,875 shares at $3.75 on 03/17/2026, demonstrating insider confidence in the company's valuation and increasing his total beneficial ownership to 56,270 shares.
Vorwerk holds two convertible notes totaling $358,148 in principal value (after adjustments) that are convertible at a 35% discount to an expected $6.00 per share uplist price, representing significant potential dilution if the company successfully uplists to a senior exchange.
Both convertible notes have been repeatedly extended (four times since initial issuance) with maturity dates now set to 06/30/2026, indicating the company is actively managing near-term liquidity obligations and seeking an uplist opportunity.
The substantial increase in convertible note principal ($138,084 to $343,174 for Note 1) due to MFN adjustments suggests other investors received more favorable terms, which could indicate equity valuation pressure or negotiation leverage by other stakeholders.

Filed: 2026-05-12

Director Andrew Suckling acquired 7,868 shares of common stock at $3.75 per share on 03/17/2026, increasing his direct beneficial ownership to 23,330 shares, signaling confidence in the company's direction.
Suckling holds two convertible notes totaling $142,932 in principal value ($74,869 and $68,063) that convert at a 35% discount to an uplist price of $6.00 per share, representing 36,659 potential shares upon conversion to a senior exchange.
Both convertible notes have been extended multiple times (4-5 extensions each through 01/31/2026) with maturity now set to 06/30/2026, suggesting the company is actively managing debt refinancing and likely pursuing an uplist to a senior exchange within the near term.
The conversion structure tied to a senior exchange uplist indicates management's commitment to achieving exchange listing, which would significantly increase share value given the 35% conversion discount applied to the uplist price target.

Filed: 2026-05-12

CEO David Graber acquired 98,101 shares at $3.75 on 03/17/2026, increasing his direct ownership to 1,008,203 shares, demonstrating significant insider confidence in the company at current valuations.
Graber holds two convertible notes totaling $743,321 in principal value (originally $454,713), convertible at $6.00 per share contingent on NYSE uplist, representing 190,598 potentially dilutive shares if conversion occurs.
The repeated maturity extensions on convertible notes (4 extensions noted) and MFN adjustments suggest the company is managing debt obligations through restructuring rather than cash repayment, potentially indicating liquidity constraints.
Shares were acquired as consideration for extending maturity dates on convertible notes, representing compensation in equity rather than cash outlay, which may signal preservation of working capital but raises questions about the company's cash position.

Filed: 2026-05-12

Director Adam Lipson acquired 13,890 shares at $3.75 per share on 03/17/2026, representing direct insider buying that signals confidence in the company's direction and valuation.
Lipson holds four convertible notes totaling approximately $140,000 in principal value (currently $139,992 after extensions), all convertible at $6.00 per share with a 35% discount to proposed uplist pricing, expiring 06/30/2026, indicating significant near-term dilution risk.
The filing reveals multiple maturity extensions and Most Favored Nations principal increases on convertible notes, suggesting the company may be managing debt refinancing challenges and liquidity constraints.
Post-transaction, Lipson's beneficial ownership stands at 357,479 common shares directly held, plus substantial derivative securities exposure that could increase ownership significantly upon conversion.

Filed: 2026-01-16

The reporting person, Jared Levinthal, exercised 5,779 stock options at a price of $1.55 per share, increasing his direct beneficial ownership of the company's common stock to 18,672 shares.
Levinthal still holds 10,666 and 10,221 stock options with exercise prices of $1.55, expiring on 12/08/2034 and 12/08/2034, respectively.
The transaction suggests Levinthal's continued confidence in the company and his willingness to increase his personal stake, which may be viewed positively by investors.

Filed: 2026-01-16

The reporting person, Adam C. Lipson, exercised 5,779 stock options with a strike price of $1.55, increasing his direct beneficial ownership of the issuer's common stock to 343,589 shares.
The reporting person also exercised an additional 5,334 and 445 stock options with the same strike price of $1.55, reducing his outstanding options to 10,221 shares.
This insider transaction reflects the reporting person's continued confidence in the issuer's stock and their willingness to exercise equity compensation to increase their personal stake in the company.

Filed: 2026-01-16

The reporting person, Dylan Glenn, exercised 3,230 stock options at $1.55 per share, increasing his direct ownership of American Battery Materials, Inc. (BLTH) common stock to 14,243 shares.
The option exercise was made pursuant to a contract, instruction or written plan that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
The reporting person continues to hold 12,770 unexercised stock options, suggesting ongoing commitment to the company.

Filed: 2026-01-16

Andrew Suckling, a director of American Battery Materials, Inc. (BLTH), exercised 5,779 stock options at an exercise price of $1.55 per share.
After the reported transaction, Suckling now directly owns 15,462 shares of the company's common stock.
The option exercise suggests Suckling's confidence in the company's prospects and aligns his interests with those of other shareholders.

Other reports for AMERICAN BATTERY MATERIALS, INC.

Quarterly Report Annual Report

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.