{"url_path":"/sec/cik-0001695963/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Security Ownership of Certain","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/1695963/0001214659-26-006969-index.html","accession_number":"0001214659-26-006969","cik":"0001695963","ticker":null,"issuer_name":"Korth Direct Mortgage Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1695963/0001214659-26-006969-index.html","primary_entity_key":"0001695963","primary_entity_name":"Korth Direct Mortgage Inc."},"word_count":400,"has_tables":true,"body_markdown":"**Item 12. Security Ownership of Certain\nBeneficial Owners and Management and Related Stockholder Matters**\n\n \n\nThe following table sets\nforth security ownership information pertaining to persons who are officers, directors, or known by us to beneficially own more than 5%\nof the common stock, which is the sole class of voting stock in the Company, and of all of the directors and executive officers of the\nCompany as a group, as of December 31, 2025.\n\n \n\nExcept as otherwise indicated, each person and each\ngroup shown in the table has sole voting and investment power with respect to the shares of common stock indicated. For purposes of the\ntable below, in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended, a person is deemed to be the beneficial\nowner, of any shares of our common stock over which he or she has or shares, directly or indirectly, voting or investment power or of\nwhich he or she has the right to acquire beneficial ownership at any time within 60 days. As used in this prospectus, “voting power”\nis the power to vote or direct the voting of shares and “investment power” includes the power to dispose or direct the disposition\nof shares. Common stock beneficially owned and percentage ownership was based on 5,000,000 shares outstanding on December 31, 2025, plus\n1,065,000 shares deemed outstanding pursuant to Rule 13d-3, for a total of 6,065,000 shares outstanding. Unless otherwise indicated, the\naddress of each beneficial owner is c/o Korth Direct Mortgage Inc., 135 San Lorenzo Ave, Coral Gables, FL 33146.\n\n \n\n**Name and Address**\n \n**Number of\nShares**\n \n**Percent**\n\n \n \n \n \n \n\n*5% Beneficial Owners*\n \n \n \n \n\n \n \n \n \n \n\n*Directors and Executive Officers*\n \n \n \n \n\n \n \n \n \n \n\nJames W. Korth\n\nChairman of the Board\n\nDirector\n\n \n2,029,287\n \n33.5%\n\n \n \n \n \n \n\nHolly MacDonald-Korth\n \n2,338,233\n \n38.6%\n\nChief Executive Officer, President,\n\nChief Financial Officer,\n\nDirector\n\n \n \n \n \n\n \n \n \n \n \n\nPamela Hipp, Director (1)\n \n501,587\n \n8.3%\n\n \n \n \n \n \n\nDaniel Llorente, Director(1)\n \n325,000\n \n  5.4%\n\n \n \n \n \n \n\nJonathan Shepard, Secretary and Director(1)\n \n55,000\n \n  0.9%\n\n \n \n \n \n \n\nAll directors and executive officers as a group (5 persons) (1)\n \n5,249,107\n \n86.7%\n\n \n\n(1)Includes pursuant to Rule 13d-3 common stock options exercisable within 60 days of the date of this Report,\nas follows: Mr. Korth, 50,000 shares; Ms MacDonald-Korth, 50,000 shares; Ms Hipp, 150,000 shares; Mr. Llorente, 325,000 shares; Mr. Shepard,\n55,000 shares. See Item 11, “Executive Compensation-Equity Compensation Plan Information.”\n\n \n\nThe Company does not have a class of equity securities\nregistered under Section 12 of the Securities Exchange Act of 1934\n\n \n\n 26 \n\n [Table of Contents](#toc)"}