Mora Jose Antonio 4
4 · Edgemode, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Edgemode (EDGM) Director Jose Antonio Mora Receives 400M Shares
What Happened
Jose Antonio Mora, a director of an Edgemode subsidiary, was issued 400,000,000 shares of Edgemode common stock on March 23, 2026 as consideration for terminating previously held stock options under an Addendum to the Joint Venture Agreement. The filing lists the per-share price as $0.01 (aggregate reported value in the filing shown as $2,600,000 — note this arithmetic appears inconsistent with 400,000,000 × $0.01 = $4,000,000). Earlier in January 2026 the filing also reports two derivative dispositions to the issuer (250,000,000 on Jan 22 and 150,000,000 on Jan 27) related to those stock options; those dispositions are recorded at $0 value (options terminated).
Key Details
- Primary issuance: 400,000,000 shares on 2026-03-23 at $0.01 per share (aggregate value in the filing listed as $2,600,000; implied math would be $4,000,000).
- Prior derivative dispositions: 250,000,000 shares (2026-01-22) and 150,000,000 shares (2026-01-27) reported as dispositions to the issuer at $0 (these reflect termination of options).
- Filing date / Period of Report: Form 4 filed 2026-03-30 covering transactions on 2026-03-23.
- Beneficial ownership: The new shares are held by EMM International Investment Ltd, an entity beneficially owned and controlled by Mr. Mora (per footnote). The filing does not state total post-transaction beneficial ownership in the summary provided here.
- Footnotes: Shares issued pursuant to Addendum No.2 to the JVA in exchange for terminating stock options; transaction exempt from Section 16(b) under Rule 16b-3 and approved in advance by the issuer’s board. Options were non-qualified and had original expiration dates listed (Jan 22, 2031 and Jan 27, 2031 or earlier upon termination of the JVA).
- Timeliness: Filing date is shown as Mar 30, 2026 for a Mar 23, 2026 transaction (the filing itself lists those dates; no separate late-filing flag provided here).
Context
- This was not an open-market buy or sale: it’s an issuance in exchange for terminating options under a contractual agreement. Such exchanges are typically administrative/corporate restructurings rather than routine insider market trades.
- The filing treats the January entries as derivative dispositions (options surrendered/terminated) and the March entry as issuance of common stock to the reporting person’s controlled entity.
- The transaction was reported as exempt from short-swing profit rules under Rule 16b-3 because it was pre-approved by the board.
Insider Transaction Report
Form 4
Edgemode, Inc.EDGM
Mora Jose Antonio
Director of Subsidiary
Transactions
- Award
Common Stock
[F1][F2]2026-03-23$0.01/sh+400,000,000$2,600,000→ 400,000,000 total(indirect: See footnote) - Disposition to Issuer
Stock Options (Right to buy)
[F3][F4][F6]2026-01-22−250,000,000→ 0 total(indirect: See footnote)Exercise: $0.00From: 2026-01-22→ Common Stock (250,000,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
[F3][F5][F6]2026-01-27−150,000,000→ 0 total(indirect: See footnote)Exercise: $0.00From: 2026-01-27→ Common Stock (150,000,000 underlying)
Footnotes (6)
- [F1]Common Stock issued pursuant to the March 23, 2026 Addendum No. 2 (the "Addendum") to the Joint Venture Agreement by and among the Issuer, Blackberry, AIF and DC Estate Solutions Cayman Limited dated January 22, 2026, as amended (the "JVA"), and in exchange for terminating stock options in a transaction that was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the board of directors of the Issuer.
- [F2]Common Stock held by EMM International Investment Ltd, an entity beneficially owned and controlled by the Reporting Person, Jose Antonio Mora.
- [F3]The Reporting Person agreed to terminate stock options pursuant to the Addendum No.2, dated March 23, 2026, to the JVA in exchange for the issuance of 400,000,000 shares of common stock, as reported in Table I. Such transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3, as it was approved in advance by the board of directors of the Issuer.
- [F4]The stock options were to expire the earlier of (i) January 22, 2031 or (ii) the termination of the JVA.
- [F5]The stock options were to expire the earlier of (i) January 27, 2031 or (ii) the termination of the JVA.
- [F6]Non-qualified stock options held by EMM International Investment Ltd, an entity beneficially owned and controlled by the Reporting Person, Jose Antonio Mora.
Signature
/s/ Jose Antonio Mora|2026-03-30