Sawyer Jon D 4

What Happened

• Jon D. Sawyer, a director of Odyssey Marine Exploration Inc. (OMEX), reported the exercise/conversion of a derivative on June 1, 2026 that resulted in the acquisition of 20,000 shares at $0.00. The filing also shows a simultaneous disposition of 20,000 shares (derivative) at $0.00. The transaction value is reported as $0.00 and reflects conversion/vesting of awards rather than a cash purchase or open-market sale.

Key Details

• Transaction date: 2026-06-01; Filing date: 2026-06-03 (timely within required reporting window).
• Transaction type/code: M (exercise or conversion of derivative).
• Amounts: 20,000 shares acquired at $0.00; 20,000 shares disposed at $0.00.
• Shares owned after the transaction: Not disclosed in this Form 4.
• Footnote: Restricted Stock Awards vest on June 1, 2026 (explains the conversion/vesting).
• No open-market sale or cash proceeds reported in this filing.

Context

• This filing appears to reflect the vesting/conversion of restricted stock awards rather than a market purchase or sale. For retail investors, vesting events are routine compensation-related transactions and do not necessarily signal the insider’s view of the company’s near-term prospects. The filing was submitted promptly.