Faulkner Charles Thomas 4
4 · Edgemode, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Edgemode (EDGM) CEO Charles Faulkner Receives 350M-Share Option Grant
What Happened Charles Thomas Faulkner, CEO of Edgemode, was awarded derivative securities on 2026-02-10 giving him the right to acquire 350,000,000 shares. The Form 4 reports an exercise/strike price of $0.00 and a reported dollar amount of $0 for the grant (transaction code A — award/grant). This is a grant of options/rights, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (filed within the usual two-business-day deadline).
- Security/amount: derivative award representing 350,000,000 shares; reported price $0.00; reported value $0 on the Form 4.
- Shares owned after transaction: not stated in the filing.
- Footnote (performance vesting): 50% vests upon closing a purchase agreement with a solid oxide fuel cell supplier for ≥100 MW (as determined by the board); remaining 50% vests upon closing an AI data center site sale agreement for ≥100 MW (board-determined).
- Transaction code: A (award/grant); this is a performance-contingent option grant, not an immediate sale or purchase.
Context This was a performance-based derivative grant that vests only if specified corporate milestones (two separate ≥100 MW transactions) are met. Derivative awards do not create immediate proceeds unless/until exercised and shares are sold; the Form 4 reports the grant and the vesting conditions but not realized economic value.
Insider Transaction Report
- Award
Stock Options (Right to buy)
[F1]2026-02-10+350,000,000→ 350,000,000 totalExercise: $0.01Exp: 2031-02-10→ Common Stock (350,000,000 underlying)
Footnotes (1)
- [F1]The stock options shall automatically become vested and exercisable as follows: 50% shall vest upon the closing of purchase agreement between the Company, or the Company's subsidiaries, and a solid oxide fuel cell supplier for a minimum power capacity of 100 MW, as determined by the Company's board of directors (the "Board"), and the remaining 50% shall become vested and exercisable upon the closing of an AI data center site sale agreement between the Company, or the Company's subsidiaries, and a buyer which is for a minimum capacity of 100 MW, as determined by the Board.