Johnson Cole Wayne 4

What Happened Johnson Cole Wayne, reported as a 10% owner of Bimergen Energy Corp (BESS), received a grant/award of 100,000 shares (reported as a derivative) on April 30, 2026. The filing shows $0.00 per share and $0 total cash consideration — this was an award/acquisition, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-04 (timely under the two-business-day rule).
• Transaction type/code: A — Grant, award or other acquisition (derivative).
• Shares acquired: 100,000; Price per share: $0.00; Total cash paid: $0.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes/conditions: Filing lists the grant as a derivative award but does not specify the instrument type (e.g., RSUs, options) or any vesting/tax-withholding details.

Context The grant is recorded as a derivative award rather than an immediate market purchase or sale. The filing does not indicate any immediate disposition (sale) of the shares. As a 10% owner, this transaction reflects activity by a large shareholder rather than routine executive open-market trading; the exact nature and future economic interest (vesting, conversion, etc.) are not specified in the Form 4.