Which plans governed the Comstock (LODE) share grant to J. Salinas Mayaguez?

The grant was made under Comstock’s shareholder-approved 2020 and 2022 Equity Incentive Plans. These plans authorize the company to issue stock-based awards, such as this 7,993-share grant, as compensation for services rendered by directors and other eligible participants.

Comstock (LODE) director granted 7,993 shares as board compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Salinas Mayaguez J reported acquisition or exercise transactions in this Form 4 filing.

Comstock Inc. director J. Salinas Mayaguez received a stock grant of 7,993 shares of Common Stock on April 9, 2026. The award was compensation for annual director services for the period from April 1, 2026 to June 30, 2026 under Comstock’s 2020 and 2022 Equity Incentive Plans, at a stated price of $0.00 per share. Following this grant, the director directly holds 97,699 shares of Comstock Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Salinas Mayaguez J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,993	$0.00	--

Holdings After Transaction: Common Stock — 97,699 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares granted: 7,993 shares Grant price per share: $0.00 per share Shares held after grant: 97,699 shares +1 more

4 metrics

Shares granted 7,993 shares Common Stock award on April 9, 2026

Grant price per share $0.00 per share Stated price for director stock grant

Shares held after grant 97,699 shares Total direct Common Stock holdings following transaction

Service period covered April 1, 2026 to June 30, 2026 Director services compensated by the stock grant

Key Terms

Equity Incentive Plans, Common Stock, annual director services, stock grant

4 terms

Equity Incentive Plans financial

"pursuant to the shareholder approved Comstock Inc. 2020 and 2022 Equity Incentive Plans"

Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

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

"granted for annual director services for the period from April 1, 2026, to June 30 2026"

stock grant financial

"received a stock grant of 7,993 shares of Common Stock on April 9, 2026"

Form 4 Insider Transactions: What Each Field Means →

04/13/2026 - 06:01 AM

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^*

Salinas Mayaguez J

(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)
04/09/2026

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	04/09/2026		A		7,993	A	$0⁽¹⁾	97,699	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. This Common Stock payment was granted for annual director services for the period from April 1, 2026, to June 30 2026, pursuant to the shareholder approved Comstock Inc. 2020 and 2022 Equity Incentive Plans, for services rendered.

	/s/ Mayaguez J. Salinas	04/10/2026
	** 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 (LODE) report for J. Salinas Mayaguez?

Comstock reported that director J. Salinas Mayaguez received a grant of 7,993 shares of Common Stock. This was a stock award, not an open-market purchase, recorded at a stated price of $0.00 per share as director compensation.

Why did J. Salinas Mayaguez receive 7,993 Comstock (LODE) shares?

The 7,993-share grant was payment for annual director services from April 1, 2026 to June 30, 2026. It was issued pursuant to Comstock’s shareholder-approved 2020 and 2022 Equity Incentive Plans and represents non-cash compensation for board service.

How many Comstock (LODE) shares does J. Salinas Mayaguez hold after this Form 4?

After the reported grant, J. Salinas Mayaguez directly holds 97,699 shares of Comstock Common Stock. This total includes the newly awarded 7,993 shares granted as compensation for director services during the April 1, 2026 to June 30, 2026 period.

Was cash paid for the 7,993 Comstock (LODE) shares granted to the director?

No cash changed hands for this award, as the shares were granted at a stated price of $0.00 per share. The transaction reflects stock-based compensation for director services rather than an open-market purchase or sale of Comstock shares.

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

The 7,993-share Common Stock grant compensates J. Salinas Mayaguez for annual director services during the period from April 1, 2026 to June 30, 2026. The footnote specifies it was issued for services rendered over that defined three-month timeframe.