Waste Energy director gets 6M shares for $30K in pay

The direct award settled $30,000 of accrued compensation, while EnergyFX received restricted shares for performance and service compensation without cash consideration.

Rhea-AI Filing Summary

Waste Energy Corp. (WAST) director W. Scott McBride acquired 6,000,000 restricted common shares directly on September 16, 2026, in settlement of $30,000 of accrued and unpaid compensation at an agreed $0.005 per-share conversion price. The reported amount following that transaction was 6,320,000 shares.

On the same date, 2,500,000 restricted shares were issued to EnergyFX for performance and service compensation. McBride controls EnergyFX, so those shares are reported as indirectly beneficially owned; no cash consideration was paid. The reported amount after that transaction was 8,820,000 shares. The notes also identify 320,000 shares held by his spouse, Michele McBride. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 8,500,000 shares

Grant/Award 2 txns

Insider MCBRIDE W SCOTT

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common F1	6,000,000	$0.005	$30K
Grant/Award	Common F2	2,500,000	$0.005	$13K

Holdings After Transaction: Common — 6,320,000 shares (Direct); Common — 8,820,000 shares (Indirect, See footnote)

Footnotes (2)

1. F1. On September 16, 2026, the Reporting Person directly acquired 6,000,000 shares of restricted common stock of the Issuer in satisfaction of $30,000 of accrued and unpaid compensation owed by the Issuer to the Reporting Person, at an agreed conversion price of $0.005 per share. The transaction was approved by the disinterested directors of the Issuer. The Reporting Person disclosed his financial interest and abstained from approval of the transaction. The Reporting Person indirectly beneficially owns 320,000 shares of common stock held in the name of his spouse, Michele McBride.
2. F2. On September 16, 2026, 2,500,000 shares of restricted common stock were issued to EnergyFX as performance and service compensation. EnergyFX is controlled by the Reporting Person, and the shares are therefore reported as indirectly beneficially owned by the Reporting Person. No cash consideration was paid for the shares. The Reporting Person indirectly beneficially owns 320,000 shares of common stock held in the name of his spouse, Michele McBride.

Key Figures

Direct restricted common shares acquired: 6,000,000 shares Agreed conversion price: $0.005 per share Accrued and unpaid compensation settled: $30,000 +4 more

7 metrics

Direct restricted common shares acquired 6,000,000 shares September 16, 2026

Agreed conversion price $0.005 per share Direct share acquisition

Accrued and unpaid compensation settled $30,000 Settled through the direct share acquisition

Reported amount following direct transaction 6,320,000 shares After the September 16, 2026 transaction

Restricted shares issued to EnergyFX 2,500,000 shares Performance and service compensation on September 16, 2026

Reported amount following EnergyFX transaction 8,820,000 shares After the September 16, 2026 transaction

Shares held by Michele McBride 320,000 shares Indirectly beneficially owned by W. Scott McBride

Key Terms

restricted common stock, accrued and unpaid compensation, agreed conversion price, performance and service compensation

4 terms

restricted common stock financial

"6,000,000 shares of restricted common stock of the Issuer"

Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.

accrued and unpaid compensation financial

"in satisfaction of $30,000 of accrued and unpaid compensation"

agreed conversion price financial

"at an agreed conversion price of $0.005 per share"

performance and service compensation financial

"issued to EnergyFX as performance and service compensation"

FAQ

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

How many shares did WAST director W. Scott McBride acquire?

On September 16, 2026, he directly acquired 6,000,000 restricted common shares in settlement of accrued and unpaid compensation. Separately, 2,500,000 restricted shares were issued to EnergyFX, which he controls, as performance and service compensation.

How was W. Scott McBride's direct WAST share award compensated?

The 6,000,000-share direct acquisition settled $30,000 of accrued and unpaid compensation owed by Waste Energy Corp. The agreed conversion price was $0.005 per share.

Does WAST director W. Scott McBride have a reported Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these transactions.

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

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Available on EDGAR 09/25/2026 - 08:54 AM Accepted by SEC EDGAR 09/25/2026 - 08:54 AM 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^*

MCBRIDE W SCOTT

(Last) (First) (Middle)

3250 OAKLAND HILLS CT.

(Street)

FAIRFIELD CALIFORNIA 94534

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WASTE ENERGY CORP. [ WAST ]

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)
09/16/2026

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	09/16/2026		A		6,000,000	A	$0.005	6,320,000(1)	D(1)
Common	09/16/2026		A		2,500,000	A	$0.005	8,820,000(2)	I	See footnote(2)

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. On September 16, 2026, the Reporting Person directly acquired 6,000,000 shares of restricted common stock of the Issuer in satisfaction of $30,000 of accrued and unpaid compensation owed by the Issuer to the Reporting Person, at an agreed conversion price of $0.005 per share. The transaction was approved by the disinterested directors of the Issuer. The Reporting Person disclosed his financial interest and abstained from approval of the transaction. The Reporting Person indirectly beneficially owns 320,000 shares of common stock held in the name of his spouse, Michele McBride.

2. On September 16, 2026, 2,500,000 shares of restricted common stock were issued to EnergyFX as performance and service compensation. EnergyFX is controlled by the Reporting Person, and the shares are therefore reported as indirectly beneficially owned by the Reporting Person. No cash consideration was paid for the shares. The Reporting Person indirectly beneficially owns 320,000 shares of common stock held in the name of his spouse, Michele McBride.

	/s/ W. Scott McBride	09/24/2026
	** 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)