ETHZilla Corp (ETHZ) entity surrenders stock for tax planning

Rhea-AI Filing Summary

ETHZilla Corp director Smith Ryan Lewis filed a Form 4 reporting an entity-level restructuring of common stock held through LCCA Holdings, LLC. LCCA Holdings entered into a Stock Surrender Agreement with ETHZilla, surrendering a block of common shares to the company for cancellation for tax planning purposes, with no consideration paid by ETHZilla. The Board of Directors approved this surrender, and Mr. Smith, as manager of LCCA Holdings, disclaims beneficial ownership of the LLC’s shares except to the extent of any pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Ryan Lewis

(Last) (First) (Middle)

2875 SOUTH OCEAN BLVD,

SUITE 200

(Street)

PALM BEACH FL 33480

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ETHZilla Corp [ ETHZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		J(1)		16,718	D	$0.00	0	I	By LCCA LLC(2)
Common Stock								0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On February 18, 2026, LCCA Holdings, LLC and the Issuer entered into a Stock Surrender Agreement, whereby LCCA Holdings, LLC surrendered 16,178 shares of common stock to the Issuer for cancellation. LCCA Holdings, LLC surrendered these shares for tax planning purposes and did not receive any consideration from the Issuer in connection with such surrender. The Issuer's Board of Directors approved the Stock Surrender Agreement and the accompanying transactions.

2. The Reporting Person is the manager of LCCA Holdings, LLC. Mr. Smith disclaims beneficial ownership of the shares of common stock owned directly by LCCA Holdings, LLC, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

	/s/ Ryan Smith	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did ETHZ (ETHZilla Corp) disclose in this Form 4 filing?

ETHZilla Corp disclosed that LCCA Holdings, LLC, an entity managed by director Smith Ryan Lewis, surrendered a block of its common stock to ETHZilla for cancellation under a Stock Surrender Agreement approved by the Board and undertaken for tax planning purposes, without any consideration paid.

Who is involved in the ETHZ Form 4 stock surrender transaction?

The transaction involves ETHZilla Corp, its director Smith Ryan Lewis, and LCCA Holdings, LLC. Mr. Smith manages LCCA Holdings, which surrendered common stock to ETHZilla for cancellation. He reports the transaction but disclaims beneficial ownership of the LLC’s shares except for any pecuniary interest.

Why did LCCA Holdings, LLC surrender ETHZ common stock to the company?

LCCA Holdings, LLC surrendered ETHZilla common stock to the company for tax planning purposes. According to the disclosure, the LLC did not receive any consideration from ETHZilla in connection with the surrender, and the company’s Board of Directors approved the Stock Surrender Agreement and related transactions.

Did ETHZilla Corp pay anything for the stock surrendered in this Form 4?

ETHZilla Corp did not pay consideration for the surrendered stock. The filing states that LCCA Holdings, LLC surrendered its common shares to ETHZilla for cancellation for tax planning purposes and did not receive any consideration from the company in connection with the Stock Surrender Agreement.

How does director Smith Ryan Lewis describe his ownership of ETHZ shares in this filing?

Director Smith Ryan Lewis is the manager of LCCA Holdings, LLC and reports its surrender of ETHZ shares. He disclaims beneficial ownership of common stock owned directly by LCCA Holdings, except to the extent of his pecuniary interest, and states this report should not be deemed an admission of beneficial ownership.