Comstock Inc. (LODE) director granted 90,481 stock shares for service

Rhea-AI Filing Summary

Comstock Inc. director Walter A. Marting Jr. reported acquiring 90,481 shares of common stock on 01/05/2026 in a transaction coded "A" for an indicated price of $0, reflecting stock-based compensation rather than a cash purchase. Following this grant, he beneficially owns 112,981 Comstock common shares in direct ownership.

The shares were issued as a common stock payment for annual director services for the period from January 1, 2022 to March 31, 2026, under the shareholder-approved Comstock Inc. 2020 and 2022 Equity Incentive Plans. Mr. Marting elected to receive all accrued compensation for these prior years in common shares, and the filing notes these services will be paid in stock on a quarterly basis going forward.

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

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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^*

Marting Walter A. Jr

(Last) (First) (Middle)

117 AMERICAN FLAT ROAD

(Street)

VIRGINIA CITY NV 89440

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/05/2026		A		90,481	A	$0(1)	112,981	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 January 1, 2022, to March 31, 2026, pursuant to the shareholder approved Comstock Inc. 2020 and 2022 Equity Incentive Plans, for services rendered. Mr. Marting elected to take all of his accrued compensation for these previous year's services in common shares. These services will be paid quarterly going forward.

	/s/ Walter A. Marting Jr.	01/05/2026
	** 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).
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FAQ

What insider transaction did Comstock Inc. (LODE) report in this Form 4?

The filing reports that director Walter A. Marting Jr. acquired 90,481 shares of Comstock Inc. common stock on 01/05/2026 in a transaction coded "A" for an indicated price of $0, reflecting stock compensation.

How many Comstock Inc. (LODE) shares does Walter A. Marting Jr. own after this transaction?

After the reported stock grant, Walter A. Marting Jr. beneficially owns 112,981 shares of Comstock Inc. common stock, held with direct ownership.

What period of service does the Comstock Inc. stock grant to Walter A. Marting Jr. cover?

The common stock payment was granted for annual director services covering the period from January 1, 2022, to March 31, 2026, as described in the explanation of responses.

Under which plans was the Comstock Inc. (LODE) director stock compensation granted?

The stock grant was issued pursuant to the shareholder-approved Comstock Inc. 2020 and 2022 Equity Incentive Plans as compensation for director services.

Did the Comstock Inc. director receive cash or stock for past services?

According to the disclosure, Mr. Marting elected to take all of his accrued compensation for previous years' services in common shares rather than cash.

How will Walter A. Marting Jr.’s director services at Comstock Inc. be paid going forward?

The explanation states that these director services will be paid quarterly going forward in common stock under the equity incentive plans.