Comstock Inc.·4

Jun 17, 5:58 PM ET

DEGASPERIS CORRADO 4

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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.