Comstock (NASDAQ: LODE) director receives 5,942-share equity grant for 2026 service

Rhea-AI Filing Summary

SPENCE ROBERT reported acquisition or exercise transactions in this Form 4 filing.

Comstock Inc. director Robert Spence received a grant of 5,942 shares of Common Stock as equity compensation. The shares were awarded for his annual director services for the period from July 1, 2026 to September 30, 2026 under the shareholder-approved Comstock Inc. 2026 Equity Incentive Plan. After this award, Spence directly holds a total of 38,345 Common Stock shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SPENCE ROBERT

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,942	$0.00	--

Holdings After Transaction: Common Stock — 38,345 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 5,942 shares Grant price per share: $0.00 per share Shares owned after grant: 38,345 shares +2 more

5 metrics

Shares granted 5,942 shares Common Stock award for director services July 1, 2026 to September 30, 2026

Grant price per share $0.00 per share Equity compensation grant, not an open-market purchase

Shares owned after grant 38,345 shares Robert Spence’s direct Common Stock holdings following the Form 4 transaction

Transaction code Code A Classified as a grant, award, or other acquisition of Common Stock

Service period covered July 1, 2026 to September 30, 2026 Timeframe of director services compensated by the stock grant

Key Terms

Grant, award, or other acquisition, Comstock Inc. 2026 Equity Incentive Plan, Common Stock, Form 4

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Comstock Inc. 2026 Equity Incentive Plan financial

"pursuant to the shareholder approved Comstock Inc. 2026 Equity Incentive Plan, for services rendered"

Common Stock financial

"This Common Stock payment was granted for annual director services"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:34 PM Accepted by SEC EDGAR 07/06/2026 - 04:33 PM Learn about SEC filing dates

FAQ

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

Comstock Inc. reported that director Robert Spence received a grant of 5,942 shares of Common Stock. The award was issued as equity compensation for his board service, rather than a market purchase, and increased his direct holdings to 38,345 shares.

Was the Comstock Inc. (LODE) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a stock grant, not an open-market purchase. Robert Spence received 5,942 Common Stock shares at no cost as a compensation award for director services under the company’s 2026 Equity Incentive Plan.

What period of service does Robert Spence’s Comstock (LODE) share grant cover?

The share grant compensates Robert Spence for director services from July 1, 2026 to September 30, 2026. It reflects payment in stock rather than cash, made pursuant to the shareholder-approved Comstock Inc. 2026 Equity Incentive Plan for services rendered.

How many Comstock Inc. (LODE) shares does Robert Spence hold after this Form 4 transaction?

After receiving the 5,942-share grant, Robert Spence directly holds 38,345 shares of Comstock Inc. Common Stock. This total represents his direct ownership position reported in the Form 4 following the compensation-related award.

Under which plan was the Comstock Inc. (LODE) director share grant made?

The 5,942-share grant to director Robert Spence was issued under the shareholder-approved Comstock Inc. 2026 Equity Incentive Plan. This plan allows the company to compensate directors with equity for services rendered during specified service periods.

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)
07/06/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/06/2026		A		5,942	A	$0(1)	38,345	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This Common Stock payment was granted for annual director services for the period from July 1, 2026, to September 30, 2026, pursuant to the shareholder approved Comstock Inc. 2026 Equity Incentive Plan, for services rendered.

	/s/ Robert Spence	07/06/2026
	** 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)