DEGASPERIS CORRADO 4
4 · Comstock Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Comstock CEO Corrado Degasperis Receives Equity Award
What Happened Corrado Degasperis, CEO and director of Comstock Inc. (LODE), was granted two equity awards on 2026-06-15: 619,059 Performance Stock Units (PSUs) and 247,252 Restricted Stock Units (RSUs), priced at $0.00 (no cash paid). The awards are derivative in nature and convert to or settle in common stock only if vesting and performance conditions are met.
Key Details
- Transaction date: 2026-06-15; Filing date (Form 4): 2026-06-17 (appears timely).
- Award amounts: 619,059 PSUs and 247,252 RSUs (866,311 units total); reported price $0.00 (award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnote highlights:
- PSUs convert 1:1 to common stock only if specified stock-price performance targets over a three‑year program are met and the participant remains employed at June 30, 2029 (F1, F3).
- RSUs convert 1:1 to common stock with one‑third vesting on each of June 30, 2027, 2028 and 2029, subject to continued employment and certain exceptions (F2, F4).
- Transaction code: A = Award/Grant (derivative).
Context These grants are typical long‑term incentive awards rather than open‑market purchases or sales. PSUs are performance‑contingent (vesting depends on price targets plus continued employment), while RSUs are time‑based (vest in thirds over three years). No cash changed hands and the awards do not by themselves indicate immediate buying or selling pressure.
Insider Transaction Report
- Award
Performance Stock Units
[F1][F3]2026-06-15+619,059→ 619,059 totalExp: 2029-06-30→ Common Stock (619,059 underlying) - Award
Restricted Stock Units
[F2][F4]2026-06-15+247,252→ 247,252 total→ Common Stock (247,252 underlying)
- 181,500
Common Stock
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.