STOCK TITAN

Edgemode (EDGM) director receives 10,000,000 fully vested restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kiero-Watson Simon Scott reported acquisition or exercise transactions in this Form 4 filing.

Edgemode, Inc. reported that director Kiero-Watson Simon Scott received a grant of 10,000,000 shares of restricted common stock. The award was approved by the Board of Directors and is fully vested. Following this grant, Scott directly holds 12,637,215 shares of Edgemode common stock.

Positive

  • None.

Negative

  • None.
Insider Kiero-Watson Simon Scott
Role null
Type Security Shares Price Value
Grant/Award Common Stock 10,000,000 $0.00 --
Holdings After Transaction: Common Stock — 12,637,215 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 10,000,000 shares Grant of restricted common stock to director
Grant price $0.0000 per share Transaction price for restricted stock award
Post-grant holdings 12,637,215 shares Director’s total common shares following transaction
Section 16(b) exemption Rule 16b-3 Grant approved by Board of Directors
restricted common stock financial
"The grant of the Issuer's restricted common stock was exempt from Section 16(b)..."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Section 16(b) regulatory
"was exempt from Section 16(b) of the Securities Exchange Act of 1934..."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"by virtue of Rule 16b-3 promulgated thereunder, as it was approved..."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
fully vested financial
"The shares of restricted common stock are fully vested."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kiero-Watson Simon Scott

(Last)(First)(Middle)
110 E. BROWARD BLVD.
SUITE 1700

(Street)
FT. LAUDERDALE FLORIDA 33301

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Edgemode, Inc. [ EDGM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)05/05/2026A10,000,000A$012,637,215D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Simon Kiero-Watson05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Edgemode (EDGM) report for Kiero-Watson Simon Scott?

Edgemode reported that director Kiero-Watson Simon Scott received a grant of 10,000,000 shares of restricted common stock. The award is fully vested and increases his direct holdings to 12,637,215 common shares in the company.

Was the Edgemode (EDGM) stock grant to Kiero-Watson Simon Scott approved by the board?

Yes. The filing states the grant of restricted common stock to Kiero-Watson Simon Scott was approved by Edgemode’s Board of Directors. This approval qualifies the transaction for an exemption under Rule 16b-3 from Section 16(b) of the Exchange Act.

How many Edgemode (EDGM) shares does Kiero-Watson Simon Scott own after the grant?

After receiving 10,000,000 shares of restricted common stock, Kiero-Watson Simon Scott directly holds 12,637,215 shares of Edgemode common stock. This total reflects his post-transaction holdings as reported in the Form 4 insider filing.

What does it mean that Edgemode (EDGM) granted restricted common stock at $0.0000 per share?

The Form 4 shows a grant of 10,000,000 restricted common shares at a transaction price of $0.0000, indicating a compensation-related award rather than a market purchase. The shares are fully vested, so there is no vesting schedule attached to this grant.

How is the Edgemode (EDGM) stock grant to Kiero-Watson Simon Scott treated under Section 16(b)?

The filing notes the grant of restricted common stock is exempt from Section 16(b) of the Exchange Act under Rule 16b-3. This exemption applies because Edgemode’s Board of Directors approved the award as part of director compensation arrangements.