Comstock (NYSE: LODE) director receives 5,942-share stock grant

Rhea-AI Filing Summary

Drozdoff Leo M reported acquisition or exercise transactions in this Form 4 filing.

Comstock Inc. director Leo M. Drozdoff received a grant of 5,942 shares of Common Stock as compensation for annual director services. The stock payment covers service from July 1, 2026 to September 30, 2026 under the shareholder‑approved Comstock Inc. 2026 Equity Incentive Plan. Following this award, he directly owns 199,416 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drozdoff Leo M

Role null

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

Holdings After Transaction: Common Stock — 199,416 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: 199,416 shares +2 more

5 metrics

Shares granted 5,942 shares Common Stock grant for director services

Grant price per share $0.00 per share Equity compensation, not a market purchase

Shares owned after grant 199,416 shares Direct holdings following Form 4 transaction

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

Transaction code A (Grant, award, or other acquisition) Characterizes the Form 4 transaction type

Key Terms

Equity Incentive Plan, Common Stock, annual director services, Grant, award, or other acquisition

4 terms

Equity Incentive Plan financial

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

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

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.

annual director services financial

"payment was granted for annual director services for the period from July 1, 2026, to September 30, 2026"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:35 PM Accepted by SEC EDGAR 07/06/2026 - 04:34 PM Learn about SEC filing dates

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^*

Drozdoff Leo M

(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)	199,416	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/ Leo M. Drozdoff	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)

FAQ

What does the latest Form 4 for Comstock Inc. (LODE) show?

The Form 4 shows director Leo M. Drozdoff received 5,942 Comstock Inc. common shares as a stock grant for board service. This award is part of his director compensation, issued with no cash price under the 2026 Equity Incentive Plan.

How many Comstock Inc. (LODE) shares did Leo M. Drozdoff receive?

Leo M. Drozdoff received 5,942 shares of Comstock Inc. Common Stock. The shares were granted as a compensation award for serving as a director, rather than purchased in the market, and carry a reported price of $0.00 per share.

What period of service does the Comstock (LODE) stock grant cover?

The stock grant compensates Leo M. Drozdoff for director services from July 1, 2026 to September 30, 2026. It is described as an annual director services payment under Comstock Inc.’s 2026 Equity Incentive Plan for that specific service period.

How many Comstock Inc. (LODE) shares does Leo M. Drozdoff own after the grant?

After the grant, Leo M. Drozdoff is reported to directly own 199,416 shares of Comstock Inc. Common Stock. This figure reflects his updated holdings following the 5,942-share director compensation award disclosed in the Form 4 filing.

Was the Comstock (LODE) Form 4 transaction an open-market purchase?

No, the transaction was not an open-market purchase. It is coded as a grant or award, meaning the 5,942 shares were issued as equity compensation for director services, with a transaction price of $0.00 per share rather than a market trade.