SurgePays director granted 315K restricted shares

SurgePays granted director Laurie Weisberg a large, event-based restricted share award that vests on departure without Cause, Change of Control, or in 2029.

Rhea-AI Filing Summary

SurgePays, Inc. (symbol: SURG) is the issuer of record for a Form 4 filing submitted to the SEC. Weisberg Laurie reported acquisition or exercise transactions in this Form 4 filing.

SurgePays, Inc. (SURG) reported that director Laurie Weisberg received a grant of 315,179 restricted shares of common stock on July 31, 2026, under the company’s 2022 Omnibus Securities and Incentive Plan. These shares vest only upon specified events, including board service ending without Cause, a Change of Control, or on June 24, 2029.

Insider Trade Summary

Grant/Award: 315,179 shares

Grant/Award 1 txn

Insider Weisberg Laurie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares (Common Stock) F1, F2	315,179	$0.00	$0.00

Holdings After Transaction: Restricted Shares (Common Stock) — 406,868 shares (Direct)

Footnotes (2)

1. F1. Consists of restricted shares awarded pursuant to the provisions of the SurgePays, Inc. 2022 Omnibus Securities and Incentive Plan (the "2022 Plan") and a Restricted Share Award Agreement, executed on July 31, 2026, by and between SurgePays, Inc. (the "Company") and Ms. Weisberg (the "RSA Agreement"). The RSA Agreement provides that the shares will not vest until the earlier of (i) the date that the director no longer serves as a director of the Company other than as a result of a termination for Cause (as defined in the RSA Agreement); (ii) the occurrence of a Change of Control (as defined in the 2022 Plan); or (iii) June 24, 2029.
2. F2. Includes (i) 2,809 shares held by Ms. Weisberg, and (ii) 88,880 shares issuable pursuant to previous restricted share awards, but does not include 5,000 shares held by Ms. Weisberg's IRA, which shares are deemed to be owed by Ms. Weisberg.

Key Figures

Restricted shares granted: 315,179 shares Shares held after transaction: 406,868 shares Previously held common shares: 2,809 shares +4 more

7 metrics

Restricted shares granted 315,179 shares Grant to director Laurie Weisberg on July 31, 2026

Shares held after transaction 406,868 shares Total direct and prior restricted awards reported post-grant

Previously held common shares 2,809 shares Directly held by Laurie Weisberg before considering new grant

Prior restricted share awards 88,880 shares Shares issuable pursuant to earlier restricted share awards

IRA-held shares excluded 5,000 shares Shares held in Laurie Weisberg’s IRA, not counted in 406,868 total

Vesting outside events date June 24, 2029 Latest vesting date if no earlier qualifying event occurs

Grant price per share $0.00 per share Restricted shares awarded at no cash cost under the 2022 Plan

Key Terms

Restricted Shares, 2022 Omnibus Securities and Incentive Plan, Restricted Share Award Agreement, Change of Control, +1 more

5 terms

Restricted Shares financial

"Consists of restricted shares awarded pursuant to the provisions of the SurgePays, Inc."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

2022 Omnibus Securities and Incentive Plan financial

"awarded pursuant to the provisions of the SurgePays, Inc. 2022 Omnibus Securities and Incentive Plan"

Restricted Share Award Agreement financial

"and a Restricted Share Award Agreement, executed on July 31, 2026"

Change of Control financial

"the occurrence of a Change of Control (as defined in the 2022 Plan)"

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

Cause financial

"other than as a result of a termination for Cause (as defined in the RSA Agreement)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SURG director Laurie Weisberg report on this Form 4?

Laurie Weisberg reported a grant of 315,179 restricted shares of SurgePays common stock on July 31, 2026. The award was issued under the company’s 2022 Omnibus Securities and Incentive Plan pursuant to a Restricted Share Award Agreement.

When do Laurie Weisberg’s new restricted SurgePays (SURG) shares vest?

The restricted shares vest upon the earlier of ending service as a director without termination for Cause, a Change of Control as defined in the 2022 Plan, or on June 24, 2029, according to the Restricted Share Award Agreement.

How many SurgePays (SURG) shares does Laurie Weisberg hold after this Form 4 transaction?

After the reported grant, Laurie Weisberg is shown as holding 406,868 shares, including 2,809 shares held directly and 88,880 shares issuable under prior restricted awards. The figure excludes 5,000 shares held in her IRA.

Was Laurie Weisberg’s SurgePays (SURG) share grant made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as relying on a trading plan, and the footnotes describe the transaction as a restricted share award under the 2022 Plan and a Restricted Share Award Agreement executed on July 31, 2026.

What plan governs Laurie Weisberg’s new restricted SurgePays (SURG) shares?

The award consists of restricted shares granted under the SurgePays, Inc. 2022 Omnibus Securities and Incentive Plan and a related Restricted Share Award Agreement between SurgePays and Laurie Weisberg, executed on July 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 04:06 PM Accepted by SEC EDGAR 09/16/2026 - 04:05 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^*

Weisberg Laurie

(Last) (First) (Middle)

3124 BROTHER BLVD, SUITE 410

(Street)

BARLETT TENNESSEE 38133

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SurgePays, Inc. [ SURG ]

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)
07/31/2026

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
Restricted Shares (Common Stock)(1)	07/31/2026		A		315,179	A	$0	406,868(2)	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. Consists of restricted shares awarded pursuant to the provisions of the SurgePays, Inc. 2022 Omnibus Securities and Incentive Plan (the "2022 Plan") and a Restricted Share Award Agreement, executed on July 31, 2026, by and between SurgePays, Inc. (the "Company") and Ms. Weisberg (the "RSA Agreement"). The RSA Agreement provides that the shares will not vest until the earlier of (i) the date that the director no longer serves as a director of the Company other than as a result of a termination for Cause (as defined in the RSA Agreement); (ii) the occurrence of a Change of Control (as defined in the 2022 Plan); or (iii) June 24, 2029.

2. Includes (i) 2,809 shares held by Ms. Weisberg, and (ii) 88,880 shares issuable pursuant to previous restricted share awards, but does not include 5,000 shares held by Ms. Weisberg's IRA, which shares are deemed to be owed by Ms. Weisberg.

	/s/ Laurie Weisberg	09/16/2026
	** 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)