SEC Form 4 · accession 0001493152-26-043352
WASTE ENERGY CORP. · WAST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Gallagher
Officer — Chairman and CEO · Director
Period of report
Sep 16, 2026
Accepted (ET)
Sep 18, 2026 · 4:17 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001515139
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F4 | Sep 16, 2026 | A | 7,500,000 | $0.005 | A | — | D | |
| Common StockF3,F4,F1 | Sep 17, 2026 | A | 15,000,000 | $0.00 | A | 24,280,714 | I | By 221 Cap, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 15,000,000 restricted shares of common stock issued to 221 Cap, LLC pursuant to the Executive Consulting and Management Services Agreement effective September 1, 2026. The Reporting Person controls 221 Cap, LLC and is deemed to beneficially own the shares held by that entity. The award vests 5,000,000 shares on September 1, 2026, 5,000,000 shares on September 1, 2027 and 5,000,000 shares on September 1, 2028. Unvested shares are subject to transfer restrictions, forfeiture and cancellation under the agreement.
- F2Represents 7,500,000 restricted shares of common stock issued directly to the Reporting Person in satisfaction of $37,500 of accrued and unpaid compensation or other amounts owed by the Issuer, based on an agreed conversion value of $0.005 per share. No cash consideration was paid by the Reporting Person in connection with the acquisition.
- F3Following the September 17, 2026 transaction, the Reporting Person beneficially owned an aggregate of 24,230,714 shares: 9,230,714 shares held directly and 15,000,000 shares held indirectly through 221 Cap, LLC, an entity controlled by the Reporting Person.
- F4The transactions reported above were approved by the Board of Directors of the Issuer and are reported as acquisitions pursuant to Rule 16b-3(d).