Torpey Daniel Thomas 4

What Happened

• Torpey Daniel Thomas, a director of MDB Capital Holdings, LLC (MDBH), acquired a total of 20,000 shares on 2026-02-09. He received a 10,000-share award priced at $3.20 per share (total value $32,000) and also acquired 10,000 shares through exercise/conversion of a derivative instrument at $0.00 exercise price (code M). Both transactions are acquisitions (no sales reported).

Key Details

• Transaction date: 2026-02-09.
• Award: 10,000 shares @ $3.20 — value reported $32,000 (code A).
• Exercise/conversion: 10,000 shares @ $0.00 — no cash paid (code M).
• Shares owned after the transaction: not specified in the summary provided (check the full Form 4 on EDGAR for post-transaction holdings).
• Footnotes/plan details: no 10b5-1 plan, tax-withholding, or other special footnotes noted in the provided summary.
• Filing: Form 4 filed with the SEC on 2026-02-12 (see accession 0001493152-26-006499); the filing itself does not flag a tardy filing in the summary provided—consult EDGAR for official timeliness status.

Context

• Code M indicates exercise or conversion of derivative securities; here 10,000 shares were issued on conversion/exercise at $0.00, and an additional 10,000 shares were granted as an award valued at $3.20 each. The Form 4 does not report any immediate sale of the acquired shares (no cashless sale reported). As a director (not identified as a 10% owner), these acquisitions are routine insider reporting of compensation/conversion activity rather than an open-market purchase.