James Jeremy William 4

What Happened

• James Jeremy William, Chief Financial Officer of MDB Capital Holdings, LLC, received a grant/award of 10,000 shares on Feb 9, 2026 at a reported price of $3.90 per share (reported value $39,000). He also reported an exercise/conversion of a derivative on Apr 20, 2026 that resulted in acquisition of 10,000 shares with $0.00 cash reported as the exercise price.
• The Feb 9 item is an award/grant (A) and the Apr 20 item is an option exercise/conversion (M). Awards and exercises increase an insider’s stock holdings (a purchase/acquisition), and are generally treated as insider acquisitions rather than sales.

Key Details

• Transactions and values:
  • Feb 9, 2026 — Award/Grant: 10,000 shares @ $3.90; reported value $39,000.
  • Apr 20, 2026 — Exercise/Conversion (derivative): 10,000 shares @ $0.00; $0 cash reported.
• Filing: Form 4 filed Apr 22, 2026 for transactions through Apr 20, 2026 (filed two days after the Apr 20 transaction; appears timely).
• Shares owned after transaction: Not specified in the information provided in this summary.
• No footnotes, 10b5-1 plans, or tax-withholding entries were provided in the data supplied.

Context

• The Apr 20 entry is a derivative exercise (code M). The filing reports $0 cash paid on exercise — this can reflect a variety of mechanics (e.g., previously vested awards, stock-settled transactions, or other settlement methods); the Form 4 shows the result (acquisition of shares) but does not, by itself, explain the settlement method.
• These transactions are acquisitions (insider buys/receipts), which retail investors often view as more informative than sales, though they do not by themselves indicate the insider’s motives.