Allan Marshall - 01 Oct 2025 Form 4 Insider Report for UPEXI, INC. (UPXI)

Role: Chief Executive Officer, Director
Signature: /s/ Allan Marshall
Issuer symbol: UPXI
Transactions as of: 01 Oct 2025
Net transactions value: +$310,500
Form type: 4
Filing time: 17 Dec 2025, 18:43:21 UTC
Previous filing: 24 Jul 2025
Next filing: 23 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MARSHALL ALLAN	Chief Executive Officer, Director	3030 NORTH ROCKY POINT DRIVE, SUITE 420, TAMPA	/s/ Allan Marshall	17 Dec 2025	0001279925

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPXI	Common Stock	Award	$0	+1,600,000	+71%	$0.000000	3,846,261	01 Oct 2025	Direct	F1, F2
transaction	UPXI	Common Stock	Purchase	$207,000	+100,000	+2.6%	$2.07	3,946,261	15 Dec 2025	Direct
transaction	UPXI	Common Stock	Purchase	$103,500	+50,000	+1.3%	$2.07	3,996,261	16 Dec 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vests quarterly in equal installments over 12 months beginning October 1, 2025.
F2	The shares of Common Stock reported herein were granted pursuant to the Issuer's Equity Incentive Plan.