Sec Form 4 Filing - Friedberg Ezra M @ Pelthos Therapeutics Inc. - 2025-07-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Friedberg Ezra M 2. Issuer Name and Ticker or Trading Symbol Pelthos Therapeutics Inc. [ PTHS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O PELTHOS THERAPEUTICS INC., 4020 STIRRUP CREEK DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 07/01/2025 (Street) DURHAM, NC27703 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/01/2025 C 40,000 ( 1 ) A $ 10 ( 1 ) 40,000 ( 1 ) I By Balmoral Financial Group LLC ( 2 ) Common Stock 07/01/2025 C 40,000 ( 1 ) A $ 10 ( 1 ) 40,000 ( 1 ) I By Key Recovery Group LLC ( 2 ) Common Stock 54,573 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series A Convertible Preferred Stock $ 10 ( 1 ) 07/01/2025 P 40,000 ( 3 ) ( 3 ) Common Stock 92,072 ( 1 ) $ 0 40,000 ( 3 ) I By Balmoral Financial Group LLC ( 2 ) Series A Convertible Preferred Stock $ 10 ( 1 ) 07/01/2025 P 40,000 ( 3 ) ( 3 ) Common Stock 40,000 ( 1 ) $ 0 40,000 ( 3 ) I By Key Recovery Group LLC ( 2 ) Series A Convertible Preferred Stock $ 10 ( 1 ) 07/01/2025 C 40,000 ( 3 ) ( 3 ) Common Stock 40,000 ( 1 ) $ 0 0 ( 3 ) I By Balmoral Financial Group LLC ( 2 ) Series A Convertible Preferred Stock $ 10 ( 1 ) 07/01/2025 C 40,000 ( 3 ) ( 3 ) Common Stock 40,000 ( 1 ) $ 0 0 ( 3 ) I By Key Recovery Group LLC ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Friedberg Ezra M C/O PELTHOS THERAPEUTICS INC. 4020 STIRRUP CREEK DRIVE DURHAM, NC27703 X Signatures /s/ Ezra Friedberg 07/03/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The numbers reported herein have been adjusted to reflect the 1-for-10 reverse stock split effected by the Issuer on July 1, 2025. ( 2 )Ezra Friedberg is the manager of Balmoral Financial Group LLC ("Balmoral") and the manager of Key Recovery Group LLC ("Key"). By virtue of this relationship, Mr. Friedberg may be deemed to beneficially own the shares of Common Stock held of record by each of Balmoral and Key. Mr. Friedberg disclaims any such beneficial ownership except to the extent of his pecuniary interest therein. ( 3 )The Series A convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date. The Series A convertible preferred stock is subject to a contractual limitation such that the holder may not convert Series A convertible preferred stock to the extent that after giving effect to such conversion, the holder (together with its attribution parties as defined in the certificate of designations) would beneficially own in excess of 4.99% of the shares of common stock outstanding immediately after giving effect to such conversion.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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