Director Edward Borkowski of GridAI Technologies Corp. filed a Form 4 on October 28, 2026, disclosing three separate equity transactions dated October 26, 2026, involving restricted stock units, common stock issued in settlement of unpaid fees, and a stock option grant under the company's 2020 Omnibus Equity Incentive Plan.

Key Highlights

  • RSU grant: Borkowski received 100,000 restricted stock units on October 26, 2026, which vested in full on the grant date, each representing the right to receive one share of common stock.
  • Settlement shares: 17,079 shares of common stock were issued at $5.55 per share to satisfy $94,790.77 in accrued and unpaid director fees covering April 2024 to January 2025.
  • Stock option grant: A stock option to purchase 100,000 shares of common stock was granted at an exercise price of $5.55, exercisable in full on the date of the grant.
  • Post-transaction ownership: Following these transactions, Borkowski directly beneficially owns 177,327 shares of common stock and 100,000 derivative securities (the stock option).
  • Plan basis: All transactions were made under the issuer's 2020 Omnibus Equity Incentive Plan, as amended, according to the filing.
  • Issuer: GridAI Technologies Corp., traded on NASDAQ:GRDX.

Borkowski's October 26, 2026 Equity Transactions at GridAI Technologies

According to the Form 4 filed by Edward Borkowski, a director of GridAI Technologies Corp. (NASDAQ:GRDX), three equity transactions were recorded on October 26, 2026. The first was a grant of 100,000 restricted stock units under the company's 2020 Omnibus Equity Incentive Plan, as amended, awarded "in recognition of service on the Board of Directors," and which "vested in full on the date of the grant," with each unit representing the right to receive one share of common stock. This brought his directly held share count to 160,248 following that transaction.

The second transaction involved the issuance of 17,079 shares of common stock, also under the 2020 Omnibus Equity Incentive Plan, as amended. The filing states this was "pursuant to a Settlement Agreement and Release effective October 26, 2026, in full satisfaction of $94,790.77 of accrued and unpaid director fees for the period from April 2024 to January 2025." The share count was calculated as $94,790.77 divided by $5.55, described in the filing as "the consolidated closing bid price of the common stock on The Nasdaq Stock Market on October 26, 2026, rounded down to the nearest whole share." After this issuance, Borkowski's directly held common stock totaled 177,327 shares.

The third transaction was the grant of a stock option to purchase 100,000 shares of common stock at an exercise price of $5.55, with the filing noting the exercise price "equal to the Nasdaq closing price of the common stock on the date of grant." The option was reported as granted immediately and "exercisable in full on the date of the grant." The filing was signed by Edward Borkowski on October 28, 2026.

What Was Disclosed

Director Edward Borkowski disclosed three equity awards dated October 26, 2026: a 100,000-unit RSU grant vesting immediately, 17,079 shares issued to settle $94,790.77 in unpaid director fees, and a stock option for 100,000 shares at $5.55, all under GridAI Technologies Corp.'s 2020 Omnibus Equity Incentive Plan.