Sec Form 4 Filing - Merrill Judd @ Comstock Inc. - 2026-06-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Merrill Judd
2. Issuer Name and Ticker or Trading Symbol
Comstock Inc. [ LODE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
117 AMERICAN FLAT ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/15/2026
(Street)
VIRGINIA CITY, NV89440
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 4,210 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Performance Stock Units ( 1 ) 06/15/2026 A 304,449 ( 3 ) 06/30/2029 Common Stock 304,449 $ 0 304,449 D
Restricted Stock Units ( 2 ) 06/15/2026 A 121,597 ( 2 ) ( 4 ) Common Stock 121,597 $ 0 121,597 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Merrill Judd
117 AMERICAN FLAT ROAD
VIRGINIA CITY, NV89440
Chief Financial Officer
Signatures
/s/ Judd Merrill 06/17/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Performance Stock Unit ("PSU") converts to one share of Common Stock, subject to achievement of performance objectives based on the achievement of targets tied to specified stock price appreciation over a three-year long-term incentive program.
( 2 )Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock with one-third of the grant subject to vesting at on each of June 30, 2027, June 30, 2028 and June 30, 2029, respectively, as long as the employee is employed at the vesting date subject to certain limited exceptions set out in the award agreement.
( 3 )The PSUs are only eligible for vesting based on both the achievement of specified stock price performance targets established by the Compensation Committee over the next three anniversaries of the program and the participants continued employment at June 30, 2029.
( 4 )The RSUs are forfeited only if the employee in not employed by the Company prior to the annual vesting dates noted above subject to certain limited exceptions set out in the award agreement.

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).

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