Form 4 for MRLN Merlin, Inc.

Accepted 2026-09-18 16:33:03 ET · period of report 2026-09-16 · accession 0001628280-26-062747 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2026-09-18 16:33	2026-09-16	MRLN	BLITZER MICHAEL	Dir	J - Other	—	+262.5K	300.0K	+700%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common stock	2026-09-16	J	A	262,500	—	300,000	D	—	—	(F1) On September 16, 2026, Bleichroeder Sponsor 1 LLC (the "Sponsor") distributed an aggregate of 8,333,333 shares of common stock, par value $0.0001 per share of the Issuer ("Common Stock") to its members as a pro rata distribution for no consideration in accordance with the terms of the Sponsor's limited liability company agreement. 262,500 shares of Common Stock were distributed to Michael Blitzer on such basis. (F1) On September 16, 2026, Bleichroeder Sponsor 1 LLC (the "Sponsor") distributed an aggregate of 8,333,333 shares of common stock, par value $0.0001 per share of the Issuer ("Common Stock") to its members as a pro rata distribution for no consideration in accordance with the terms of the Sponsor's limited liability company agreement. 262,500 shares of Common Stock were distributed to Michael Blitzer on such basis.