Bava Eric Joseph 4

What Happened
Eric Joseph Bava, Chief Operating Officer of VERDE RESOURCES, was granted 1,036,269 shares of the company’s common stock on January 5, 2026. The award is reported at $0.00 per share on the Form 4 (total reported consideration $0) and was granted as compensation for services rendered for the period October 1, 2025 through September 30, 2026.

Key Details

• Transaction date: 2026-01-05; reported on Form 4 filed 2026-02-17 (filing appears late relative to the typical 2-business-day reporting requirement).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1,036,269; price reported: $0.00; reported total consideration: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Grant was compensation for services from 10/01/2025–09/30/2026.
  • F2: Notes BW Capital Ventures LLC holds shares and Mr. Bava owns a 34.75% interest in that entity; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Context
This was an equity award issued as compensation, not an open-market purchase or sale. Awards are common for executive pay and do not necessarily indicate a personal cash investment or short‑term trading intent. The late filing reduces timely public transparency about the transaction.