Torpey Daniel Thomas 4

What Happened
Daniel Thomas Torpey, a director of MDB Capital Holdings, LLC (MDBH), reported two acquisitions on April 20, 2026: he exercised or converted a derivative to acquire 10,000 shares (transaction code M) and received a separate grant/award of 10,000 shares (transaction code A) at $3.90 per share, the award valued at $39,000. Both entries are acquisitions (insider buys/awards); no sales were reported in this filing.

Key Details

• Transaction date: 2026-04-20; filing date: 2026-04-22 (filed within the normal reporting window).
• Exercise/conversion (M): 10,000 shares acquired at $0.00 per share (reported value $0).
• Award/grant (A): 10,000 shares acquired at $3.90 per share (total value reported $39,000).
• Shares owned after the transactions: not disclosed in the Form 4.
• Footnotes/plan info: none disclosed in the filing; no 10b5-1 plan or tax-withholding sale reported.
• Filing timeliness: not marked late.

Context
"M" indicates exercise or conversion of a derivative (commonly exercised options); the filing reports the exercise resulted in 10,000 shares and shows no cash payment reported for that conversion. "A" indicates a grant/award of shares at $3.90 each. The filing does not show any immediate sale of the acquired shares or details about vesting/restrictions.