FiscalNote (NOTE) CEO Compton Key Receives 1.45M Share Award

What Happened

• Compton Key, President, CEO and Director of FiscalNote Holdings, received a grant of 1,450,000 restricted shares on 2026-07-24. The shares were reported at $0.00 per share (award/grant), so no cash was paid in connection with the grant.
• This was an equity award (not an open‑market purchase or sale) and appears to be compensation tied to future performance and service requirements rather than an immediate investment by the insider.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-28 (filed within the SEC’s two‑business‑day reporting window).
• Shares granted: 1,450,000 restricted shares; reported acquisition price: $0.00 (award).
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes of note:
  • F1: These shares are restricted and vest only if performance milestones are met tied to increases in the issuer’s VWAP over five or ten years and service‑based vesting requirements are satisfied.
  • F2 & F3: The filing also notes beneficial ownership relationships—shares held by Urgent Capital LLC and Global Public Offering Master Fund, L.P. may be subject to Mr. Key’s voting/dispositive power through his role at Urgent International Inc.
• Exhibit listed: Exhibit 24 – Power of Attorney.

Context

• These awards are long‑term, performance‑based restricted stock grants. Because vesting depends on multi‑year VWAP hurdles and continued service, the shares are not immediately sellable and represent executive compensation rather than a direct personal market purchase.
• Such grants inform on compensation structure and long‑term incentives but should not be interpreted as the insider making a personal buy or sell decision about the company’s stock.