REZOLVE AI (RZLV) CEO Daniel Wagner Receives Shares; Options Exercised

What Happened

Daniel Maurice Wagner, CEO of REZOLVE AI PLC, is reported as the beneficial owner (via DBLP Sea Cow Limited, which he wholly owns) of several share movements. On July 10, 2026 DBLP received 543,993 ordinary shares from the Estate of John Wagner for no consideration. On August 16, 2026 a third party (Bradley Wickens) exercised a pre-existing call option to acquire 1,566,697 shares held by DBLP at $1.48 per share (total exercise cost ≈ $2.32M). On the same day a separate call option on 2,025,496 DBLP-held shares (strike $3.00) expired unexercised and those shares were included back into DBLP’s beneficial ownership.

Key Details

• Transaction dates: July 10, 2026 (estate distribution); August 16, 2026 (option exercise and option expiration). Form 4 filed Aug 28, 2026 (filing delayed — transactionTimeliness = 'L').
• July 10 acquisition: 543,993 shares received from an estate for no consideration (reported as $0 in the Form 4).
• Option exercise (Aug 16): 1,566,697 shares transferred to Bradley Wickens via exercise at $1.48/share (≈ $2,318,712 paid by Wickens); filing notes this was not an open-market sale by Wagner/DBLP.
• Option expiration (Aug 16): separate call on 2,025,496 shares with $3.00 strike expired unexercised; these shares remained with DBLP and are now included in its beneficial ownership.
• Ownership after transactions: the filing corrects a prior clerical error and states the 2,025,496 shares are included in DBLP’s beneficial ownership, but the Form 4 does not disclose a single aggregate “shares owned after” total in the filing text provided here.
• Ownership structure: DBLP Sea Cow Limited directly holds the securities; DBLP is wholly owned by Mr. Wagner and he may be deemed to share voting and investment power.

Context

• The 543,993-share transfer from an estate is effectively a distribution (a non‑purchase) and does not necessarily signal a trading intent.
• The 1.566M-share movement was the result of a pre-existing call option exercised by a third party (Bradley Wickens) at a fixed strike ($1.48); it was not an open-market sale by Wagner or DBLP.
• The expired option simply reverted full ownership back to DBLP (no cash changed hands for the expired option).
• Because the Form 4 was filed after the transactions (Aug 28 covering July 10 and Aug 16 events), the filing is late, which investors should note when assessing timeliness of reported insider activity.