Form 4 for ATER Aterian, Inc.
Accepted 2026-09-11 13:54:18 ET · period of report 2026-07-17 · accession 0001829126-26-010034 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-09-11 13:54 | 2026-08-04 | ATER | Lazar David E. | CEO, Dir, 10% | C - Cnv Deriv | $2.00 | +875.0K | 6.74M | +15% | +$1.75M |
| D | 2026-09-11 13:54 | 2026-07-17 | ATER | Lazar David E. | CEO, Dir, 10% | A - Grant | $2.00 | +1.75M | 1.75M | New | +$3.50M |
| D | 2026-09-11 13:54 | 2026-08-04 | ATER | Lazar David E. | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -875.0K | 6.74M | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-08-04 | C | A | 875,000 | $2.00 | 6,737,500 | D | — | — | |
| 2 | Derivative | Series AAA Convertible Non-Redeemable Preferred Stock | 2026-07-17 | A | A | 1,750,000 | $2.00 | 1,750,000 | D | $0.0148 · 2026-07-17 to — | 236,425,000 Common Stock | (F1) 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. (F1) 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. (F2) 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. |
| 3 | Derivative | Series AA Convertible Non-Redeemable Preferred Stock | 2026-08-04 | C | D | 875,000 | $0.00 | 6,737,500 | D | $0.2597 · 2026-07-17 to — | 6,737,500 Common Stock | (F2) 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. (F3) Following stockholder approval on July 17, 2026, the Series AA Preferred Shares are convertible into shares of Common Stock at the option of the Reporting Person for no additional consideration. On August 4, 2026, the Reporting Person converted 6,737,500 shares of his Series AA Preferred Shares. |