X0202 SCHEDULE 13G 0002160411 XXXXXXXX LIVE Class A units 10/15/2026 0001807046 Belpointe PREP, LLC 080694102 255 GLENVILLE ROAD GREENWICH CT 06831 Rule 13d-1(c) Donnalley David James X1 219539.00 0.00 219539.00 0.00 219539.00 5.6 IN Belpointe PREP, LLC 255 GLENVILLE ROAD, GREENWICH, CONNECTICUT, 06831 David James Donnalley 6208 Wescott Drive Summerfield NC 27358 United States Y 219539 shares Class A Unite 5.55% 219539 0 219539 0 Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Donnalley David James David James Donnalley 10/16/2026