How were Robert Spence’s Comstock Inc. (LODE) share purchases executed on the transaction date?

Robert Spence’s Comstock Inc. share purchases were executed in multiple trades on the same day. Prices ranged from $3.945 to $3.99 per share, and the Form 4 reports a weighted average purchase price of $3.97 per share.

Director Robert Spence buys Comstock Inc. (LODE) shares in open-market trade

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Comstock Inc. director Robert Spence reported an open-market purchase of common stock. He bought 24,410 shares at a weighted average price of $3.97 per share, increasing his direct holdings to 32,403 shares.

The purchase was executed in multiple trades on that date at prices ranging from $3.945 to $3.99 per share, with the reported price reflecting the weighted average across those trades.

Insider Trade Summary

Net Buyer: 24,410 shares ($96,908)

Net Buy 1 txn

Insider SPENCE ROBERT

Role null

Bought 24,410 shs ($97K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	24,410	$3.97	$97K

Holdings After Transaction: Common Stock — 32,403 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 24,410 shares Weighted average price: $3.97 per share Price range: $3.945–$3.99 per share +2 more

5 metrics

Shares purchased 24,410 shares Open-market purchase of Comstock Inc. common stock

Weighted average price $3.97 per share Average price paid across multiple trades

Price range $3.945–$3.99 per share Range of trade prices on transaction date

Holdings after transaction 32,403 shares Robert Spence direct ownership after purchase

Buy transactions count 1 net buy TransactionSummary shows one buy and no sales

Key Terms

open-market purchase, weighted average purchase price, beneficial ownership, aggregate reporting

4 terms

open-market purchase financial

"the transaction is described as an open-market purchase of common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average purchase price financial

"The price reported above reflects the weighted average purchase price of trades"

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

beneficial ownership financial

"full information regarding the number of shares purchased at each separate price"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

aggregate reporting regulatory

"SEC guidance authorizing aggregate reporting of same-day purchases and sales"

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 06:43 PM

SEC Form 4

FORM 4

UNITED 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^*

SPENCE ROBERT

(Last)

(First)

(Middle)

117 AMERICAN FLAT ROAD

(Street)

VIRGINIA CITY

NEVADA

89440

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Comstock Inc. [ LODE ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/03/2026		P		24,410	A	$3.97⁽¹⁾	32,403	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. In accordance with Securities and Exchange Commission ("SEC") guidance authorizing aggregate reporting of same-day purchases and sales, the shares were purchased in multiple transactions at prices ranging from $3.9450 to $3.9900 per share, inclusive. The price reported above reflects the weighted average purchase price of trades occurring within that price range. The reporting person undertakes to provide to Comstock Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	/s/ Robert Spence	06/03/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Comstock Inc. (LODE) report for Robert Spence?

Comstock Inc. disclosed that director Robert Spence bought 24,410 shares of common stock. The shares were acquired in an open-market purchase, reflecting a direct increase in his personal holdings as reported in the insider filing.

At what price did Robert Spence buy Comstock Inc. (LODE) shares?

Robert Spence purchased Comstock Inc. shares at a weighted average price of $3.97 per share. Individual trades that day occurred at prices between $3.945 and $3.99, with the reported figure representing the average across all those purchases.

How many Comstock Inc. (LODE) shares does Robert Spence hold after this transaction?

Following the reported open-market purchase, Robert Spence holds 32,403 shares of Comstock Inc. common stock. This total reflects his direct ownership after adding the 24,410 shares acquired in the transaction disclosed in the Form 4 filing.

Was the Comstock Inc. (LODE) insider trade by Robert Spence a purchase or sale?

The insider trade by Robert Spence was a purchase of Comstock Inc. common stock. The filing identifies the transaction as an open-market buy, with no sales, gifts, or tax-withholding dispositions reported for the same date.