Joseph Michael Taylor Form 3 - Initial Statement of Beneficial Ownership for Factorial Energy Inc.
This is a Form 3 filing by Joseph Michael Taylor, a director of Factorial Energy Inc. (FAC), disclosing his initial beneficial ownership of company securities. The filing reveals Taylor holds significant stock options and direct ownership of Series A Common Stock. He owns 23,041 shares of Series A Common Stock directly and holds eight separate stock option grants with varying expiration dates between 2030-2035, covering a total of approximately 4.1 million shares at exercise prices ranging from $0.08 to $2.64 per share. Most options are fully vested and exercisable, though some have vesting schedules extending through 2026. The filing also includes a Limited Power of Attorney executed on May 15, 2026, granting authority to three company representatives to file SEC forms on Taylor's behalf regarding his securities transactions and holdings.