Empirical Financial Services, LLC d.b.a. Empirical Wealth Management - 31 Dec 2025 SCHEDULE 13G/A Report for Belpointe PREP, LLC Class A Units (OZ)

Filing Manager: Empirical Financial Services, LLC d.b.a. Empirical Wealth Management
Reporting Manager: Empirical Financial Services, LLC d.b.a. Empirical Wealth Management
Security: Belpointe PREP, LLC Class A Units
Symbol: OZ
Shares outstanding: 3,528,890 shares
Disclosed Ownership: 248,081 shares
Ownership: 7%
Form type: SCHEDULE 13G/A
Filing time: 29 Jan 2026, 11:06:09 UTC
Date of event: 31 Dec 2025
Previous filing: 28 Jan 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	7%	248,081	245,458	0	/s/ Justin Buller	Chief Compliance Officer