Edgemode (EDGM) CEO receives 350M stock options with 100 MW milestones
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Faulkner Charles Thomas
Role
Chief Executive 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 Inc. (EDGM) report on February 10, 2026?
Edgemode reported a grant of stock options to CEO and director Charles Thomas Faulkner. The award covers 350,000,000 shares of common stock at an exercise price of $0.0145 per share, recorded as an acquisition of derivative securities on February 10, 2026.
How many Edgemode Inc. (EDGM) stock options were granted to Charles Thomas Faulkner?
Charles Thomas Faulkner was granted stock options for 350,000,000 underlying shares of Edgemode common stock. After this reported transaction, he beneficially owned 350,000,000 derivative securities, all reported as directly held according to the Form 4 insider filing data.
What is the exercise price of the Edgemode Inc. (EDGM) stock options granted to the CEO?
The granted Edgemode stock options have an exercise price of $0.0145 per share. This exercise price applies to all 350,000,000 options reported, with the options structured as rights to buy Edgemode common stock under the described vesting conditions.
When do the Edgemode Inc. (EDGM) CEO’s stock options vest?
The options vest in two equal tranches tied to business milestones. Half vests when Edgemode closes a purchase agreement with a solid oxide fuel cell supplier for at least 100 MW, and the other half upon closing an AI data center site sale agreement of at least 100 MW.
What business milestones are linked to the Edgemode Inc. (EDGM) CEO option grant?
Vesting depends on two major agreements: a solid oxide fuel cell supply deal for at least 100 MW of power capacity and an AI data center site sale agreement for at least 100 MW, each subject to determination by Edgemode’s board of directors.
What is the expiration date of the Edgemode Inc. (EDGM) stock options granted on February 10, 2026?
The stock options granted on February 10, 2026 expire on February 10, 2031. Until that expiration date, once vested, the options allow the holder to purchase Edgemode common stock at the fixed exercise price of $0.0145 per share.