Kiero-Watson Simon Scott 4
4 · Edgemode, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Edgemode Director Simon Kiero-Watson Receives 10M Share Award
What Happened
Simon Kiero-Watson (Director) was granted 10,000,000 shares of Edgemode, Inc. common stock on 2026-05-05. The Form 4 reports an acquisition (code A) of 10,000,000 shares at $0.00 (total reported purchase price $0). The filing was submitted on 2026-05-07.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (within the two-business-day reporting window).
- Transaction type/code: Grant / Award (A). Price reported: $0.00 per share; reported total consideration $0.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: Grant exempt from Section 16(b) under Rule 16b-3; approved by the Board of Directors. The restricted shares are reported as fully vested.
- No 10b5-1 plan, tax-withholding, or late-filing flags shown in this filing excerpt.
Context
An "award" or restricted-stock grant is compensation rather than an open-market purchase. Because these shares are reported as fully vested, the director legally owns them immediately (though there may still be company-imposed transfer or trading restrictions). This transaction increases the insider’s reported ownership but, by itself, does not indicate a market purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-05+10,000,000→ 12,637,215 total
Footnotes (1)
- [F1]The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The shares of restricted common stock are fully vested.