Verde Resources (VRDR) Chief Growth Officer awarded 1.35M company shares as compensation

Rhea-AI Filing Summary

VERDE RESOURCES, INC. Chief Growth Officer Jeremy P. Concannon received a grant of 1,350,000 shares of Common Stock on June 5, 2026. The shares were issued as part of his employment compensation and carried a stated price of $0.00 per share.

After this award, he directly holds a total of 5,195,011 Common Stock shares. This is a compensation-related acquisition rather than an open-market purchase, so it does not represent new cash invested by the executive.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Concannon Jeremy P

Role Chief Growth Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,350,000	$0.00	--

Holdings After Transaction: Common Stock — 5,195,011 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,350,000 shares Grant price per share: $0.00 per share Total holdings after grant: 5,195,011 shares +2 more

5 metrics

Shares granted 1,350,000 shares Common Stock grant on June 5, 2026

Grant price per share $0.00 per share Stated transaction price for compensation award

Total holdings after grant 5,195,011 shares Common Stock directly owned after transaction

Acquire transactions in filing 1 transaction Form 4 transaction summary acquireCount

Buy and sell transactions 0 buys, 0 sells Form 4 transaction summary buyCount and sellCount

Key Terms

Grant, award, or other acquisition, Common Stock, Chief Growth Officer, Form 4

4 terms

Grant, award, or other acquisition financial

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

Common Stock financial

"security_title: "Common Stock" for the reported transaction"

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.

Chief Growth Officer financial

"officer_title: "Chief Growth Officer" for Jeremy P. Concannon"

A chief growth officer is a senior executive responsible for identifying and driving a company's overall growth strategies, such as expanding into new markets, launching new products, or attracting more customers. They focus on finding ways to increase the company's success and revenue over time. For investors, understanding this role helps gauge how a company plans to achieve sustainable growth and stay competitive in its industry.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for VERDE RESOURCES, INC."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:06 PM Accepted by SEC EDGAR 06/26/2026 - 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^*

Concannon Jeremy P

(Last) (First) (Middle)

8112 MARYLAND AVE, SUITE 400

(Street)

ST. LOUIS MISSOURI 63105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VERDE RESOURCES, INC. [ VRDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Growth Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

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	06/05/2026		A(1)		1,350,000	A	$0	5,195,011	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. Shares issued to the Reporting Person as a component of compensation for employment with the Issuer.

	/s/ Concannon Jeremy P	06/26/2026
	** 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 did VERDE RESOURCES (VRDR) disclose in this Form 4 filing?

VERDE RESOURCES reported that its Chief Growth Officer, Jeremy P. Concannon, received 1,350,000 Common Stock shares as compensation. The award was granted on June 5, 2026, and reflects a stock-based employment incentive rather than a market purchase or sale.

How many VRDR shares were granted to Jeremy P. Concannon?

Jeremy P. Concannon was granted 1,350,000 shares of VERDE RESOURCES Common Stock. According to the filing, these shares were issued as a component of his employment compensation with the company, not through an open-market transaction.

What is Jeremy P. Concannon’s total VRDR ownership after this grant?

Following the stock grant, Jeremy P. Concannon directly holds 5,195,011 shares of VERDE RESOURCES Common Stock. This figure reflects his position after the 1,350,000-share compensation award reported in the Form 4 filing.

Was cash paid for the VRDR shares granted in this Form 4?

No cash was paid for these shares; the Form 4 lists a $0.00 price per share. The 1,350,000 shares were issued to Jeremy P. Concannon as part of his compensation package for employment with VERDE RESOURCES.

Is the VRDR Form 4 transaction an open-market buy or sell?

The transaction is a grant or award acquisition, not an open-market buy or sell. The Form 4 classifies the code as “Grant, award, or other acquisition,” and the shares were issued as compensation for employment with VERDE RESOURCES.