TON Strategy director forfeits 14,803 unvested RSUs
TON Strategy Co director reports voluntary forfeiture of unvested RSUs.
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Form Type
4
Rhea-AI Filing Summary
TON Strategy Co director reports voluntary forfeiture of unvested RSUs. Director Cary Nicolas Claude surrendered 14,803 restricted stock units that had been granted on August 7, 2025. The RSUs were not vested or settled at the time, involved no cash consideration, and left the director with zero shares reported after this transaction.
Insider Trade Summary
Other: 14,803 shares
Other
1 txn
Insider
Cary Nicolas Claude
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 14,803 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. Reflects a voluntary forfeiture by the Reporting Person of restricted stock units ("RSUs") that were previously granted on August 7, 2025. At the time of forfeiture, the RSU award was not vested or settled, in full or in part.
Key Figures
RSUs forfeited: 14,803 units
Transaction price per unit: $0.00
Shares following transaction: 0 shares
3 metrics
RSUs forfeited
14,803 units
Voluntary forfeiture of unvested RSUs granted August 7, 2025
Transaction price per unit
$0.00
Price per restricted stock unit in forfeiture transaction
Shares following transaction
0 shares
Total shares reported after RSU forfeiture
Key Terms
restricted stock units, voluntary forfeiture, Form 4, other acquisition or disposition
4 terms
restricted stock units financial
"Reflects a voluntary forfeiture by the Reporting Person of restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
voluntary forfeiture financial
"Reflects a voluntary forfeiture by the Reporting Person of restricted stock units"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TONX director Cary Nicolas Claude report on this Form 4?
Cary Nicolas Claude reported a voluntary forfeiture of 14,803 restricted stock units. These RSUs were previously granted as equity compensation and had not vested or been settled. The event reflects a non-cash adjustment to compensation, not an open-market stock purchase or sale.
How many TONX restricted stock units were affected in this TON Strategy Co Form 4?
The filing shows 14,803 restricted stock units were voluntarily forfeited. According to the disclosure, these RSUs had been granted on August 7, 2025 and were still unvested and unsettled. As a result, they did not convert into common shares before being forfeited.
Was there a purchase or sale of TONX common stock in this insider filing?
No, the Form 4 does not report an open-market purchase or sale. It records a J-code “other” transaction, specifically a voluntary forfeiture of unvested restricted stock units at a price of $0.00 per unit. No cash proceeds or trading in TONX common stock are described.
What was the impact of the RSU forfeiture on Cary Nicolas Claude’s TONX holdings?
Following the forfeiture of 14,803 RSUs, the Form 4 lists total shares owned after the transaction as zero. Because the RSUs were unvested and never settled into stock, the change reflects the removal of a potential equity award rather than a sale of existing shares.
What does the J transaction code mean in TON Strategy Co’s Form 4 for TONX?
The J code in this Form 4 indicates an “other acquisition or disposition” rather than a standard buy or sell. Here it represents a voluntary forfeiture of unvested restricted stock units, treated as a restructuring-type change in equity compensation instead of an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
