O'CONNOR MICHAEL JOHN 4

What Happened

• Michael John O'Connor, a reported 10% owner of Rainmaker Worldwide Inc. (RAKR), was granted a derivative award (stock option) for 3,330,332 shares on 2026-01-12. The Form 4 lists an acquisition price of $0.00 (no cash paid at grant) and records the instrument as a derivative security with a five‑year contractual term. This is an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-12 (reported on Form 4 filed 2026-01-27).
• Transaction type/code: Award/Grant of derivative securities (A).
• Quantity: 3,330,332 optioned shares; Price reported: $0.00; total cash reported: $0.
• Vesting and term: Vests in equal monthly installments over 24 months from grant date; contractual term of 5 years.
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Form 4 was filed late; the filing cites administrative oversight (transactionTimeliness = 'L').

Context

• This was an option grant (a derivative award) that gives the holder the right to acquire shares subject to vesting and exercise terms; the report shows no cash paid at grant. As a 10% owner, O'Connor is a significant insider; the grant appears to be an equity‑incentive award rather than a market purchase or sale. The late filing was noted in the remarks and corrected with this Form 4.