LORD ALBERT L 4

What Happened

• Albert L. Lord, a director of AppTech Payments Corp. (APCX), reported an open-market purchase of 1,000,000 common shares on 2025-10-31 at $1.00 per share, totaling $1,000,000. On the same date he was also granted two derivative awards (listed as A) totaling 2,500,000 instruments (1,000,000 and 1,500,000), reported with a $0.00 acquisition price (derivative/warrant-type awards).

Key Details

• Transaction date: 2025-10-31. Open-market purchase (code P): 1,000,000 shares @ $1.00 ($1,000,000). Grants/awards (code A): 1,000,000 and 1,500,000 derivative instruments at $0.00.
• Filing date: 2026-05-22 — this Form 4 was filed well after the transaction date (late filing).
• Shares owned after transaction: Not disclosed in the information provided in this summary.
• Footnote F1: Mr. Lord’s spouse has voting/dispositive control of the “Suzanne D Lord 2025 Spousal Estate Reduction Trust”; Mr. Lord disclaims beneficial ownership of those trust securities except to the extent of any pecuniary interest.
• Footnote F2: The derivatives appear linked to warrants issued with direct investments — each $1 investment produced one common share, one warrant exercisable at $0.90, and 150% additional warrant coverage exercisable at $1.20 (this explains the nature and exercise prices of the awarded instruments).

Context

• The P-coded transaction is a straight purchase of common stock. The A-coded entries are derivative grants (warrants/awards) reported with $0.00 acquisition price; these are not immediate sales or exercises. Warrants described in the footnote carry exercise prices ($0.90 and $1.20) that would require additional payment to convert into shares.
• The late filing delays public disclosure of these insider moves and may limit timely interpretation by investors. The filing does not state whether any shares from the grants were immediately exercised or sold.