ERTHARIN COUSIN - 27 May 2025 Form 4 Insider Report for Borealis Foods Inc. (BRLS)

Role
Director
Signature
/s/ Pouneh Rahimi, Attorney-in-Fact
Issuer symbol
BRLS
Transactions as of
27 May 2025
Net transactions value
$0
Form type
4
Filing time
28 May 2025, 17:42:16 UTC
Previous filing
22 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
COUSIN ERTHARIN Director C/O BOREALIS FOODS INC., 1540 CORNWALL RD., SUITE 104, OAKVILLE, ONTARIO, CANADA /s/ Pouneh Rahimi, Attorney-in-Fact 28 May 2025 0001219349

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRLS Class A Common Shares Award +20,000 20,000 27 May 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of performance-based restricted stock under the Company's Equity Incentive Plan. 12,500 of the granted restricted stock units vested on May 27, 2025. 2,500 restricted stock units will vest on August 6, 2025, November 6, 2025, and February 6, 2026, respectively.
F2 Consists of (i) 12,500 shares of common shares and (ii) 7,500 unvested restricted stock units.