Bieberly Matthew J 4

4 · Comstock Inc. · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

Comstock (LODE) CAO Matthew Bieberly Receives Equity Awards

What Happened

Matthew J. Bieberly, Chief Accounting Officer of Comstock, received two equity awards on June 15, 2026: 92,234 Performance Stock Units (PSUs) and 36,838 Restricted Stock Units (RSUs). Both awards show an acquisition price of $0.00 (typical for compensation grants) and are reported as derivative awards (transaction code A).
These grants are not sales or open-market purchases — they are compensation awards that do not generate immediate proceeds for the insider.

Key Details

Transaction date: 2026-06-15; Form filed 2026-06-17 (appears timely).
Instrument & amounts: 92,234 PSUs and 36,838 RSUs; reported acquisition price $0.00 (derivative awards).
Shares owned after transaction: Not specified in the provided filing summary.
Notable footnotes:
- PSUs convert to one share each only if performance targets tied to specified stock-price appreciation over a three-year program are met (F1, F3).
- RSUs convert to one share each but vest one-third on each of June 30, 2027, 2028 and 2029, subject to continued employment and limited exceptions (F2, F4).
No 10b5-1 plan, tax withholding sale, or exercise-for-cash event is indicated in the filing summary.

Context

PSUs are performance-contingent equity: they only become shares if specified stock-price goals are met and the employee remains employed through the performance period (vesting tied to June 30, 2029).
RSUs are time-based and vest in thirds over three years, subject to continued employment; they are forfeitable if the employee leaves before vesting (with limited exceptions).
These awards reflect compensation design (long-term incentives) rather than an insider buying or selling stock; they do not by themselves signal a near-term trading intent.

Form 4

Period: 2026-06-15

Chief Accounting Officer

Transactions

Award
Performance Stock Units
[F1][F3]
2026-06-15+92,234→ 92,234 total
Exp: 2029-06-30→ Common Stock (92,234 underlying)
Award
Restricted Stock Units
[F2][F4]
2026-06-15+36,838→ 36,838 total
→ Common Stock (36,838 underlying)

Holdings

Footnotes (4)

[F1]Each Performance Stock Unit ("PSU") converts to one share of Common Stock, subject to achievement of performance objectives based on the achievement of targets tied to specified stock price appreciation over a three-year long-term incentive program.
[F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock with one-third of the grant subject to vesting at on each of June 30, 2027, June 30, 2028 and June 30, 2029, respectively, as long as the employee is employed at the vesting date subject to certain limited exceptions set out in the award agreement.
[F3]The PSUs are only eligible for vesting based on both the achievement of specified stock price performance targets established by the Compensation Committee over the next three anniversaries of the program and the participants continued employment at June 30, 2029.
[F4]The RSUs are forfeited only if the employee in not employed by the Company prior to the annual vesting dates noted above subject to certain limited exceptions set out in the award agreement.

Signature

/s/ Matthew J. Bieberly|2026-06-17

1 file