GridAI Technologies Corp. has disclosed significant stock transactions involving board member Edward Borkowski. This update is important as it showcases the company's approach to rewarding its directors and aligns with practices within the Electric & Other Services Combined sector.

According to the recent SEC filing, Borkowski was granted 100,000 restricted stock units on October 26, 2026, under the company’s 2020 Omnibus Equity Incentive Plan. These units vested immediately, recognizing his service on the Board of Directors. Additionally, the filing noted that Borkowski received shares of common stock in satisfaction of accrued director fees totaling $94,790.77, which were due from April 2024 to January 2025.

Background

GridAI Technologies Corp., trading under the ticker symbol GRDX on the Nasdaq, operates in the Electric & Other Services Combined sector, as defined by the Standard Industrial Classification (SIC) code 4931. The company, incorporated in Delaware, is categorized as a smaller reporting company and a non-accelerated filer. Its business address is located in Boca Raton, Florida.

What the Filing Says

The filing, accession number 0001104659-26-119780, details the following transactions:

  • On October 26, 2026, Borkowski was granted 100,000 restricted stock units, which vested immediately.
  • Borkowski also received 17,079 shares of common stock, issued at a price of $5.55 per share, in settlement of unpaid director fees.

These transactions are part of the company's strategy to compensate its directors adequately for their service.

Impact

These transactions may affect various stakeholders, including investors, who often look for transparency and fairness in corporate governance. By compensating its board members with equity, GridAI Technologies demonstrates a commitment to aligning the interests of its directors with those of its shareholders.

What's Next

The filing does not say what happens next.