Massive 350M option grant to Edgemode (EDGM) CFO ties to 100MW deals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edgemode, Inc. reported that Chief Financial Officer and director Wajcenberg Simon Enrico acquired 350,000,000 stock options on February 10, 2026. The options have an exercise price of $0.0145 per share and were granted at no cost.
The options vest in two performance-based tranches. 50% vests upon closing of a purchase agreement with a solid oxide fuel cell supplier for at least 100 MW of power capacity, as determined by the board. The remaining 50% vests upon closing of an AI data center site sale agreement for at least 100 MW of capacity, also subject to board determination.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wajcenberg Simon Enrico
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 350,000,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 350,000,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Edgemode (EDGM) disclose for February 10, 2026?
Edgemode disclosed a grant of 350,000,000 stock options to its CFO and director. The options were awarded at no cost and are exercisable at $0.0145 per share, subject to specific performance-based vesting milestones tied to 100 MW energy and AI data center agreements.
Who received the 350,000,000 stock options reported by Edgemode (EDGM)?
Chief Financial Officer and director Wajcenberg Simon Enrico received 350,000,000 stock options. He is also noted as a 10% owner. The options are held directly and become exercisable only when large 100 MW fuel cell and AI data center agreements close, as determined by the board.
What is the exercise price of the Edgemode (EDGM) stock options granted on February 10, 2026?
The granted stock options carry a $0.0145 exercise price per share. They were issued at a price of $0 for the derivative itself, meaning the insider pays only the exercise price upon exercising, subject to the specified vesting and milestone conditions.
How do the Edgemode (EDGM) stock options vest for the February 2026 grant?
Vesting is tied to two performance events. Half the options vest when a 100 MW solid oxide fuel cell supply agreement closes, and the other half vest upon closing a 100 MW AI data center site sale agreement, with both milestones determined by Edgemode’s board.
Is the February 10, 2026 Edgemode (EDGM) insider transaction a purchase or a grant?
The transaction is a grant or award of derivative securities, not an open-market purchase. It is coded as an acquisition of stock options, provided at no cost, with exercise rights at $0.0145 per share once the specified vesting conditions are met.