Spectral Capital (FCCN) director discloses 100,000-share stock option

Rhea-AI Filing Summary

Spectral Capital Corp director Michael Richard Turner filed an initial ownership report showing he beneficially owns a non-qualified stock option to purchase 100,000 shares of common stock. The option has an exercise price of $3.99 per share, becomes exercisable starting February 3, 2026, and expires on January 3, 2031. The filing states that the option vests monthly over 24 months beginning February 3, 2026, and is held directly by Turner.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Turner Michael Richard

(Last) (First) (Middle)

701 FIFTH AVENUE

SUITE 4200

(Street)

SEATTLE WA 98104

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/03/2026

3. Issuer Name and Ticker or Trading Symbol
SPECTRAL CAPITAL Corp [ FCCN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non Qualified Stock Option (right to buy)(1)	02/03/2026	01/03/2031	Common Stock	100,000	$3.99	D

Explanation of Responses:

1. Monthly over 24 months beginning February 3, 2026

	/s/ Michael Turner	01/09/2026
	** Signature of Reporting Person	Date
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 5 (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.
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FAQ

What insider position does Michael Richard Turner hold at Spectral Capital Corp (FCCN)?

Michael Richard Turner is reported as a director of Spectral Capital Corp (FCCN) in the filing.

What type of security does Michael Richard Turner report owning in FCCN?

He reports beneficial ownership of a Non Qualified Stock Option (right to buy) linked to common stock of Spectral Capital Corp.

How many FCCN shares are underlying Michael Richard Turner’s stock option?

The non-qualified stock option is exercisable for 100,000 shares of common stock, as shown in the filing.

What is the exercise price and term of Michael Richard Turner’s FCCN stock option?

The option has an exercise price of $3.99 per share, becomes exercisable on February 3, 2026, and expires on January 3, 2031.

How does Michael Richard Turner’s FCCN stock option vest?

The footnote explains that the option vests monthly over 24 months beginning February 3, 2026.

Is Michael Richard Turner’s ownership of the FCCN option direct or indirect?

The filing classifies his ownership of the non-qualified stock option as Direct (D), with no indirect nature of ownership specified.