Terry Jeb Barton Sr. 4

What Happened

Terry Jeb Barton Sr., a director of MDB Capital Holdings, LLC (MDBH), was granted 100,000 derivative shares as an award on February 1, 2026. The reported grant shows a per-share acquisition price of $0.00, so the immediate cash cost shown is $0. This transaction is coded as an award/grant (Form 4 code "A"), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-01; Grant type: Award/Grant (code A).
• Amount: 100,000 derivative shares; Price per share: $0.00; Reported value: $0.
• Filing date: 2026-04-07 (filed late relative to the usual 2-business-day Form 4 deadline) — transactionTimeliness = "L".
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No footnotes or 10b5-1/tax-withholding details provided in the data given.

Context

An "award" of derivative shares typically represents compensation (e.g., restricted stock units or similar) rather than an outright market purchase; such awards often vest over time and do not necessarily reflect an immediate change in market exposure. The late filing reduces the timeliness of disclosure, which matters for transparency but does not in itself indicate insider intent.