Company: MGLD
Filing Date: 2025-09-23
Form Type: DEF 14A
Source: 0001493152-25-014569
Chunk: 26

Company: Marygold Companies, Inc.
Filing Date: 2025-09-23
Form: DEF 14A
Chunk 26
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 Incentive Plan. Each independent director is entitled to $5,000 in shares of our common stock per annum, valued as of the closing market price of MGLD on the date of issuance. The shares are generally issued within 30 days of our annual shareholder meeting and vest in straight-line fashion on a monthly basis over the term of their service (one year).

Stock Options

During the last two fiscal years, no officer or director was granted any stock options, and as of June 30, 2025, our officers and directors do not own any stock options.

Equity Compensation Plans

Effective during fiscal 2023, our Board of Directors approved the following annual compensation for each of our independent directors: cash compensation in the amount of $24,000 payable in quarterly increments, and the issuance of $5,000 in our common stock valued as of the date of issuance and vesting in straight-line fashion on a monthly basis over the course of 12 months.

Clawback Policy

<div align='center'>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS</div>

The following table sets forth, as of September 8, 2025, certain information with respect to the beneficial ownership of our outstanding shares of common stock by (1) each person (including any “group” as set forth in Section 13(d)(3) of the Securities Exchange Act) of persons known by us to be the beneficial owner of more than five percent (5%) of any class of voting stock, (2) each director and director nominee, (3) each named executive officer, and (4) all of our current directors and named executive officers as a group. The percentages in the following table are based upon 43,083,727 shares of common stock issued and outstanding or issuable upon conversion of outstanding shares of Series B Preferred Stock (including 42,817,687 shares of common stock and an aggregate of 266,040 shares of common stock underlying 13,302 shares of Series B Preferred Stock).

| Name and Address of Beneficial Owner **                           |     | Amount Owned (4) |            |    |     | Percent of Class |      |   |
| Directors                                                         |     |                  |            |    |     |                  |      |   |
| Matt Gonzalez***                                                  |     |                  |    243,325 | -1 |     |                  |    * |   |
| Nicholas D. Gerber                                                |