Bannerman Montgomery L 4

What Happened

• Bannerman Montgomery, a director of Bimergen Energy Corp (ticker: BESS), received a grant/award of 25,000 shares on April 30, 2026. The transaction is reported as a derivative acquisition (code A) with an acquisition price of $0.00, i.e., no cash paid by the insider for the award.

Key Details

• Transaction date: 2026-04-30; Filing date: 2026-05-04 (timely filing)
• Shares awarded: 25,000; Reported price paid: $0.00
• Transaction type/code: Award/Grant (derivative security, code A)
• Shares owned after transaction: not specified in the excerpt of the filing
• No 10b5-1 plan, tax-withholding, or vesting schedule is disclosed in the provided data

Context

• Awards to directors are typically part of compensation or retention programs and are different from open-market purchases (which can be a stronger bullish signal). Because this was a grant reported as a derivative award and listed at $0.00, it likely reflects compensation rather than a cash purchase. The filing does not provide vesting or restriction details, which can affect the timing of any future sales.