Jeffrey B. Brown - 03 Nov 2025 Form 4 Insider Report for Axil Brands, Inc. (AXIL)

Role: CFO, COO, Director
Signature: /s/ Jeffrey B. Brown
Issuer symbol: AXIL
Transactions as of: 03 Nov 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Nov 2025, 17:09:19 UTC
Previous filing: 30 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Brown Jeffrey B.	CFO, COO, Director	C/O AXIL BRANDS, INC., 9150 WILSHIRE BOULEVARD, UNIT 245, BEVERLY HILLS	/s/ Jeffrey B. Brown	03 Nov 2025	0001945871

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXIL	Common Stock	Conversion of derivative security		+45,000	+45%		145,000	03 Nov 2025	By BZ Capital Strategies	F1, F4, F5
holding	AXIL	Common Stock						15,143	03 Nov 2025	Direct

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	AXIL	Series A Preferred Stock	Conversion of derivative security		-900,000	-75%		300,000	03 Nov 2025	Common Stock	45,000		By BZ Capital Strategies	F1, F4, F5
holding	AXIL	Stock Option (right to buy)						110,000	03 Nov 2025	Common Stock	110,000	$1.80	Direct	F2
holding	AXIL	Stock Option (right to buy)						250,000	03 Nov 2025	Common Stock	250,000	$4.01	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock"), is convertible into shares of the Issuer's common stock on a twenty-for-one basis, at the option of the holder, at any time; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Issuer's common stock, as determined in accordance with Sections 13(d) and (g) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. The Preferred Stock has no expiration date.
F2	Fully exercisable.
F3	Options vest in 48 equal monthly installments, beginning on October 31, 2024, subject to continued employment through the vesting date.
F4	Jeffrey Brown is the co-owner, Chairman of the board of directors and Chief Financial Officer of BZ Capital Strategies.
F5	On November 3, 2025, BZ Capital Strategies converted 900,000 shares of Preferred Stock into 45,000 shares of the Issuer's common stock.