Gordon Mark 4

What Happened Mark Gordon, CEO of Odyssey Marine Exploration, received/converted 4,167 restricted stock units (RSUs) into common shares on June 30, 2026. The RSUs converted at $0.00 (no exercise price). To satisfy tax withholding, 1,139 of those shares were surrendered at $0.85 per share, generating roughly $969. This was an award/vesting and tax-withholding event, not an open-market sale.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-02.
• Activity reported:
  • A (Award/Grant): 4,167 RSUs acquired @ $0.00.
  • M (Exercise/Conversion): 4,167 RSUs converted into shares @ $0.00.
  • F (Tax withholding): 1,139 shares disposed/withheld @ $0.85, proceeds ~$969.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Each RSU is a contingent right to one OMEX common share.
  • F2: RSUs vest in six equal installments on June 30 and December 20 of 2026, 2027 and 2028.
• No indication in the excerpt that the filing was late.

Context This appears to be a standard RSU vesting and settlement with shares withheld to cover tax obligations (common practice). Code M indicates conversion/exercise of a derivative (the RSU settlement); code F indicates shares surrendered for taxes. Such withholding events are routine and do not reflect an open-market sale or an explicit change in insider sentiment.