MARLETT CHRISTOPHER A 4

What Happened

Christopher A. Marlett, a 10% owner of MDB Capital Holdings, LLC (MDBH), was granted 100,000 Class A shares as an award on 2026-05-01. The grant was recorded as a derivative acquisition at $0.00 per share (no cash paid). This transaction is an award/grant rather than a purchase or sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed 2026-05-04 (filed within standard two-business-day window).
• Grant size and price: 100,000 Class A shares granted at $0.00 (derivative award).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: 100,000 Class A shares vest as follows — 20,000 shares vest one year after the grant date; the remainder vests in equal quarterly installments of 5,000 shares after each completed subsequent annual quarter of Continuous Service under the 2022 Equity Performance Plan.
  • F2: The award was issued to the spouse (beneficial owner listed in the filing).
• Transaction type code: A = Award/Grant (derivative).

Context

This was a grants-based award (not an option exercise or open-market trade). Vesting conditions mean the shares are subject to future service requirements before they become freely owned. As a 10% owner, Marlett is a significant shareholder; awards issued to related parties (spouse) are common and the filing itself does not necessarily indicate a change in market sentiment.