William Techar (TONX) reports 467,928-share stake in TON Strategy

Rhea-AI Filing Summary

William R. Techar reported his initial holdings of TON Strategy Co on a Form 3. He directly owns 467,928 shares of Common Stock, and the filing records this as a holding rather than a new purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Techar William R.

Role Insider

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 467,928 shares (Direct)

Footnotes (1)

Key Figures

Direct Common Stock holdings: 467,928 shares Holding entries: 1 entry Unknown transaction records: 1 record

3 metrics

Direct Common Stock holdings 467,928 shares Total shares directly owned after reported position

Holding entries 1 entry Form 3 transaction summary shows one holding record

Unknown transaction records 1 record Transaction summary lists one entry with unknown code

Key Terms

Form 3, Common Stock, direct ownership

3 terms

Form 3 regulatory

"The Form 3 shows that William R. Techar directly holds 467,928 shares"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Common Stock financial

"He directly owns 467,928 shares of TON Strategy Co Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

direct ownership financial

"The filing classifies William R. Techar’s ownership as direct"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Techar William R.

(Last) (First) (Middle)

ONE GREENWICH PLAZA, SUITE 300

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2026

3. Issuer Name and Ticker or Trading Symbol
TON Strategy Co [ TONX ]

3a. Foreign Trading Symbol

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

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	467,928	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Potential Member of 10% Beneficial Owner Group William R. Techar is Co-Chief Investment Officer of Aristeia Capital, L.L.C. and disclaims beneficial ownership of the shares of common stock of TON Strategy Co held by the funds advised by Aristeia Capital, L.L.C.

	William R. Techar	04/10/2026
	** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does William R. Techar’s Form 3 for TONX show?

The Form 3 shows that William R. Techar directly holds 467,928 shares of TON Strategy Co Common Stock. This is an initial ownership report, not a disclosure of a new buy or sell transaction.

Did William R. Techar buy or sell TONX shares in this Form 3?

No specific buy or sell transaction is disclosed in this Form 3. It records Techar’s existing direct ownership of 467,928 shares of TON Strategy Co Common Stock as of the reporting date.

How many TON Strategy Co shares does William R. Techar own?

According to the Form 3, William R. Techar directly owns 467,928 shares of TON Strategy Co Common Stock. This figure reflects his total reported holdings after the reported position, with no derivatives listed.

Is William R. Techar’s TONX ownership direct or indirect?

The filing classifies William R. Techar’s ownership as direct. All 467,928 shares of TON Strategy Co Common Stock are reported under direct ownership, with no indirect entities or derivative positions disclosed.

Does this TONX Form 3 indicate any derivative securities for William R. Techar?

No derivative securities are reported for William R. Techar in this Form 3. The filing only lists 467,928 directly held Common Stock shares and shows no options, warrants, or other derivative holdings.