TZUP Form 4 shows director’s 50,000-share restricted stock rescission
Rhea-AI Filing Summary
Thumzup Media Corp director reports rescission of prior stock grant. A company director filed a Form 4 reporting a transaction on November 14, 2025 involving 50,000 shares of Thumzup Media common stock. The filing shows a disposition of 50,000 shares of restricted stock, reflecting the rescission of a grant originally issued on August 4, 2025 under the company’s 2025 Equity Incentive Plan. After this adjustment, the reporting person beneficially owns 22,015 shares of Thumzup Media common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On November 14, 2025, the Reporting Person rescinded the grant to the Reporting Person of 50,000 shares of restricted stock issued to the Reporting Person on August 4, 2025 pursuant to the Issuer's 2025 Equity Incentive Plan.
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FAQ
What insider transaction did Thumzup Media Corp (TZUP) report in this Form 4?
The Form 4 reports that a Thumzup Media Corp director rescinded a grant of 50,000 shares of restricted stock on November 14, 2025, which had originally been issued on August 4, 2025 under the 2025 Equity Incentive Plan.
What is the relationship of the reporting person to Thumzup Media Corp (TZUP)?
The reporting person is identified as a director of Thumzup Media Corp on the Form 4 and files as a single reporting person.
Does this Thumzup Media (TZUP) Form 4 involve derivative securities such as options or warrants?
No. The provided section of the Form 4 shows activity only in non-derivative common stock, with no derivative securities reported in Table II.
Under which plan was the rescinded Thumzup Media (TZUP) restricted stock grant originally issued?
The rescinded grant of 50,000 restricted shares was originally issued pursuant to Thumzup Media’s 2025 Equity Incentive Plan on August 4, 2025.