Edgemode CEO granted 350M stock options
Edgemode, Inc. Chief Executive Officer and director Charles Thomas Faulkner reported receiving a grant of stock options covering 350,000,000 shares of common stock.
Rhea-AI Filing Summary
Edgemode, Inc. Chief Executive Officer and director Charles Thomas Faulkner reported receiving a grant of stock options covering 350,000,000 shares of common stock. The options have an exercise price of $0.0145 per share and were awarded on February 10, 2026.
According to the grant terms, 50% of the options vest when the company, or its subsidiaries, closes 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% vest upon closing an AI data center site sale agreement for at least 100 MW of capacity, also subject to board determination.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 350,000,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock options shall automatically become vested and exercisable as follows: 50% shall vest upon the closing of purchase agreement between the Company, or the Company's subsidiaries, and a solid oxide fuel cell supplier for a minimum power capacity of 100 MW, as determined by the Company's board of directors (the "Board"), and the remaining 50% shall become vested and exercisable upon the closing of an AI data center site sale agreement between the Company, or the Company's subsidiaries, and a buyer which is for a minimum capacity of 100 MW, as determined by the Board.
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