Ronny Yakov - 28 May 2025 Form 4/A - Amendment Insider Report for OLB GROUP, INC. (OLB)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Ronny Yakov
Issuer symbol
OLB
Transactions as of
28 May 2025
Net transactions value
+$6,137,388
Form type
4/A - Amendment
Filing time
01 Aug 2025, 21:45:02 UTC
Date Of Original Report
26 Jan 2024
Previous filing
19 Jan 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
YAKOV RONNY Chairman and CEO, Director, 10%+ Owner C/O THE OLB GROUP, INC., 1120 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK /s/ Ronny Yakov 01 Aug 2025 0001461853

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLB Common Stock Other $6,137,388 +4,685,029 +820% $1.31 5,256,088 02 Jun 2025 Direct F1, F2
transaction OLB Common Stock Gift $0 -878,074 -17% $0.000000 4,378,014 30 Jun 2025 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OLB Series A Preferred Stock Disposed to Issuer $0 -1,021 -100% $0.000000 0 28 May 2025 Common Stock 113,444 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were acquired from the issuer's treasury in satisfaction of outstanding liabilities, debt financing, accrued interest, and bonuses in lieu of cash, at a deemed fair market value of $1.31 per share (based on the average closing price over the prior 60 trading days).
F2 Following the acquisition of 4,685,029 shares, based on 571,059 shares held prior to the transaction (per the April 15, 2025, Form 10-K footnote).
F3 The gift disposition was made with no consideration received.
F4 Amount held following the gift disposition of 878,074 shares.
F5 The Series A Preferred Stock is convertible into shares of Common Stock at any time, at a conversion rate of 111.11 shares of Common Stock per share of Series A Preferred Stock. The Series A Preferred Stock has no expiration date. The Reporting Person returned the shares for cancellation with no consideration received.

Remarks:

This Form 4/A amends the Form 4 filed on 01/26/2024 to report additional transactions on 05/28/2025, 06/02/2025, and 06/30/2025. The Reporting Person's beneficial ownership also includes 227,003 shares issuable upon exercise of Series A Warrants ($90.00 per share, exercisable immediately, expiring 08/11/2025), 56,751 shares issuable upon exercise of Series B Warrants ($45.00 per share, exercisable immediately, expiring 08/11/2025), and 20,000 shares issuable upon exercise of vested employee stock options ($0.03 per share, vesting in three equal annual installments beginning on the one-year anniversary of the grant date, expiring three years after each vesting date).