Does the OMEX Form 4 show any insider share sales by Jon D. Sawyer?

The data show an exercise of 20,000 RSUs into common stock and updated holdings but no recorded open-market sales. Transaction codes and summary fields indicate acquisition via derivative exercise rather than a sale transaction on the reporting date.

Odyssey Marine (NASDAQ: OMEX) director exercises 20,000 RSUs, boosts direct holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ODYSSEY MARINE EXPLORATION INC director Jon D. Sawyer reported an equity award vesting and related share movements. On June 1, 2026, he exercised 20,000 Restricted Stock Units (RSUs) into 20,000 shares of Common Stock at an exercise price of $0.00 per share.

Following this transaction, Sawyer holds 108,926 shares of Common Stock directly. The filing also shows 417 shares held indirectly through his wife's IRA and 10,455 shares held indirectly through a limited partnership. The RSU award referenced in the footnote vests on June 1, 2026, and the derivative RSU position is now fully settled in common shares.

Insider Trade Summary

20,000 shares exercised/converted

Mixed 4 txns

Insider Sawyer Jon D

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit (RSU)	20,000	$0.00	--
Exercise	Common Stock	20,000	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit (RSU) — 0 shares (Direct, null); Common Stock — 108,926 shares (Direct, null); Common Stock — 10,455 shares (Indirect, By Ltd. Partnership)

Footnotes (1)

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Key Figures

RSUs exercised: 20,000 units Common shares received: 20,000 shares Direct holdings after transaction: 108,926 shares +3 more

6 metrics

RSUs exercised 20,000 units Restricted Stock Units converted to Common Stock on June 1, 2026

Common shares received 20,000 shares Shares of Common Stock issued from RSU exercise at $0.00

Direct holdings after transaction 108,926 shares Common Stock held directly by Jon D. Sawyer after June 1, 2026

Indirect holdings - Wife's IRA 417 shares Common Stock held indirectly through wife's IRA

Indirect holdings - Ltd. Partnership 10,455 shares Common Stock held indirectly through a limited partnership

RSU exercise price $0.00 per share Conversion price for 20,000 RSUs into Common Stock

Key Terms

Restricted Stock Unit (RSU), derivative exercise/conversion, By Wife's IRA, By Ltd. Partnership, +1 more

5 terms

Restricted Stock Unit (RSU) financial

"security_title": "Restricted Stock Unit (RSU)""

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

By Wife's IRA financial

"nature_of_ownership": "By Wife's IRA""

By Ltd. Partnership financial

"nature_of_ownership": "By Ltd. Partnership""

Restricted Stock Awards vest on June 1, 2026 financial

"Restricted Stock Awards vest on June 1, 2026"

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 04:05 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^*

Sawyer Jon D

(Last)

(First)

(Middle)

10954 E. WILDCAT HILL ROAD

(Street)

SCOTTSDALE

ARIZONA

85262

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ODYSSEY MARINE EXPLORATION INC [ "OMEX" ]

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)
06/01/2026

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	06/01/2026		M⁽¹⁾		20,000	A	$0	108,926	D
Common Stock								10,455	I	By Ltd. Partnership
Common Stock								417	I	By Wife's IRA

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)
Restricted Stock Unit (RSU)	$0.00	06/01/2026		M			20,000	06/01/2026	06/01/2026	Common Stock	20,000	$0	0	D

Explanation of Responses:

1. Restricted Stock Awards vest on June 1, 2026

	/s/ Jon D. Sawyer	06/02/2026
	** 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 OMEX director Jon D. Sawyer report on this Form 4?

Jon D. Sawyer reported exercising 20,000 Restricted Stock Units into 20,000 shares of Odyssey Marine Exploration Common Stock at an exercise price of $0.00 per share. This reflects vesting of an equity award rather than an open-market stock purchase or sale.

How many OMEX shares does Jon D. Sawyer hold directly after the reported transactions?

After the equity award exercise, Jon D. Sawyer holds 108,926 shares of Odyssey Marine Exploration Common Stock directly. This direct holding reflects shares owned in his name, separate from additional indirect holdings reported through related accounts and entities.

What indirect OMEX shareholdings are reported for Jon D. Sawyer on this Form 4?

The filing shows 417 Odyssey Marine Exploration shares held indirectly through his wife's IRA and 10,455 shares held indirectly through a limited partnership. These positions are attributed to related entities rather than being owned directly by Sawyer personally.

What does the 20,000 RSU transaction mean for OMEX director Jon D. Sawyer?

The 20,000 RSU transaction represents vesting and conversion of a restricted stock unit award into 20,000 OMEX common shares at $0.00 per share. It is a compensation-related equity event, not an open-market purchase or sale of existing shares.