May David Allen bought SURG
July 31, 2026 · Form 4 insider transaction
May David Allen bought 315,179 shares of SurgePays, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 39 days after the transaction.
Footnotes
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 Mr. May (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.; Includes (i) 156,626 shares held by Mr. May, and (ii) 15,000 shares issuable pursuant to previous restricted share awards, but does not include 41,750 shares held by XIV LLC, which shares are deemed to be owed by Mr. May.