Comstock grants PSUs and RSUs under 2026 plan
Comstock Inc. approved a new long-term equity incentive program for employees and executives under its 2026 Equity Incentive Plan.
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Form Type
8-K
Rhea-AI Filing Summary
Comstock Inc. approved a new long-term equity incentive program for employees and executives under its 2026 Equity Incentive Plan. The Compensation Committee granted a total of 1,961,986 performance stock units (PSUs) and 783,618 restricted stock units (RSUs), representing about 37% of the plan’s authorized shares.
The CEO received 247,252 RSUs and 619,059 PSUs, the CFO received 121,597 RSUs and 304,449 PSUs, and the Chief Accounting Officer received 36,838 RSUs and 92,234 PSUs. PSUs vest only if stock price targets are met over three years and employment continues through June 30, 2029, while RSUs vest in three annual installments starting June 30, 2027.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Total PSUs granted: 1,961,986 PSUs
Total RSUs granted: 783,618 RSUs
Plan utilization: 37% of authorized shares
+5 more
8 metrics
Total PSUs granted
1,961,986 PSUs
Aggregate performance stock units under 2026 Equity Incentive Plan
Total RSUs granted
783,618 RSUs
Aggregate restricted stock units under 2026 Equity Incentive Plan
Plan utilization
37% of authorized shares
Portion of 2026 Equity Incentive Plan used by June 15, 2026 grants
CEO awards
247,252 RSUs & 619,059 PSUs
Equity grants to Chief Executive Officer
CFO awards
121,597 RSUs & 304,449 PSUs
Equity grants to Chief Financial Officer
CAO awards
36,838 RSUs & 92,234 PSUs
Equity grants to Chief Accounting Officer
PSU vesting end date
June 30, 2029
Employment must continue through this date for PSU vesting
RSU first vesting date
June 30, 2027
First of three equal annual RSU installments
Key Terms
performance stock units, restricted stock units, 2026 Equity Incentive Plan, Compensation Committee, +2 more
6 terms
performance stock units financial
"approved equity awards ... consisting of an aggregate of 1,961,986 performance stock units (“PSUs”)"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock units financial
"consisting of an aggregate of ... 783,618 restricted stock units (“RSUs”)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Equity Incentive Plan financial
"approved equity awards under the Company's 2026 Equity Incentive Plan"
Compensation Committee financial
"the Compensation Committee of the Board of Directors (the “Compensation Committee”)"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
vesting financial
"The PSUs are only eligible for vesting based on both the achievement of specified stock price performance targets"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
award agreement financial
"Form of Performance Share Unit Award Agreement ... Form of Restricted Stock Unit Award Agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Comstock Inc. (LODE) approve in June 2026?
Comstock approved equity awards totaling 1,961,986 performance stock units and 783,618 restricted stock units under its 2026 Equity Incentive Plan. These awards form a performance-focused, multi-year incentive program for certain employees and executive officers, tied primarily to stock price appreciation and continued employment.
How are Comstock’s new performance stock units (PSUs) structured?
The PSUs vest only if specified stock price performance targets set by the Compensation Committee are achieved over three anniversaries of the program and if participants remain employed on June 30, 2029. Participants generally cannot vest before June 30, 2029, aligning rewards with long-term share price performance.
When do Comstock Inc. (LODE) restricted stock units vest?
The RSUs vest in three equal annual installments beginning June 30, 2027, subject to each recipient’s continued service through the applicable vesting dates. This schedule is designed to retain key personnel over several years while gradually delivering equity-based compensation as service conditions are met.
How much of Comstock’s 2026 Equity Incentive Plan is used by these grants?
All RSU and PSU grants approved on June 15, 2026 represent approximately 37% of the shares authorized for issuance under Comstock’s 2026 Equity Incentive Plan. This indicates a significant initial allocation while leaving a majority of authorized shares available for future awards.
What awards did Comstock’s CEO, CFO, and CAO receive under the 2026 plan?
The CEO received 247,252 RSUs and 619,059 PSUs, the CFO received 121,597 RSUs and 304,449 PSUs, and the Chief Accounting Officer received 36,838 RSUs and 92,234 PSUs. These awards tie a substantial portion of leadership compensation to future stock performance and service.
Where can investors find the detailed terms of Comstock’s RSU and PSU awards?
Detailed terms are contained in the Form of Performance Share Unit Award Agreement and Form of Restricted Stock Unit Award Agreement, filed as Exhibits 10.1 and 10.2. These documents specify conditions such as vesting, forfeiture, and other key provisions governing the equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
