|4Feb 12, 4:03 PM ET

Faulkner Charles Thomas 4

4 · Edgemode, Inc. · Filed Feb 12, 2026

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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

Form 4
Period: 2026-02-10
Faulkner Charles Thomas
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Stock Options (Right to buy)

    [F1]
    2026-02-10+350,000,000350,000,000 total
    Exercise: $0.01Exp: 2031-02-10Common 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.
Signature
/s/ Charles Faulkner|2026-02-10

Documents

1 file
  • 4
    ownership.xmlPrimary