Star Financial converts $4.4M into ZenaTech stake

Star Financial Corp filed an amended Schedule 13D reporting beneficial ownership of 5,161,383 ZenaTech common shares, representing about 9.49% of the outstanding stock.

Rhea-AI Filing Summary

Star Financial Corp filed an amended Schedule 13D reporting beneficial ownership of 5,161,383 ZenaTech common shares, representing about 9.49% of the outstanding stock. Star Financial holds sole voting and dispositive power over these shares and describes the position as being for investment purposes.

On February 12, 2026, Star Financial acquired 2,000,000 of these shares by converting $4,432,000 outstanding under a convertible line of credit dated October 9, 2024, at $2.2160 per share. The firm is a U.S.-based finance company, and its directors and officers disclaim personal beneficial ownership of the ZenaTech shares held by Star Financial.

Insights

Equity ownership & capital structure analyst

Filing updates a large lender’s 9.49% equity stake via debt conversion.

Star Financial Corp now reports owning 5,161,383 ZenaTech shares, or about 9.49% of the company. The position arose partly from converting a $4,432,000 balance on a convertible line of credit into 2,000,000 shares at $2.2160 on February 12, 2026.

This shifts part of ZenaTech’s obligations from debt to equity, affecting leverage and potential dilution for other holders. Star Financial indicates investment intent and holds sole voting and dispositive power, so future choices by this single large holder could influence governance outcomes, depending on broader ownership dispersion.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/27/2026 - 03:53 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

ZenaTech, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

00098936T

(CUSIP Number)

Fay Passley
318 Half Day Rd,
Buffalo Grove, IL, 60089-6547
800-803-0710

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/26/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 00098936T

1

Name of reporting person

Star Financial Corp

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 5,161,383.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 5,161,383.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

5,161,383.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

100 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: ZenaTech, Inc.
(c)	Address of Issuer's Principal Executive Offices: 777 HORNBY STREET, SUITE 600, VANCOUVER, BRITISH COLUMBIA, CANADA , V6Z 1S4.
Item 1 Comment: This Schedule 13D relates to the common shares of ZenaTech Inc., a British Columbia, Canada corporation (the "Issuer"). The principal executive offices of the Issuer are located at Suite 600, 777 Hornby Street, Vancouver, British Columbia V6Z 1S4 Canada.
Item 2.	Identity and Background
(a)	Star Financial Corp. (a) This statement on Schedule 13D is filed by Star Financial Corporation (the "Reporting Person") subsequent to the exercise of conversion rights under a convertible line of credit provided by the Reporting Person to the Issuer on October 9, 2024.
(b)	318 HALF DAY RD #225, BUFFALO GROVE, ILLINOIS 60089-6547 (b) The Reporting Person is organized under the laws of the State of Illinois, and its business address is 318 Half Day RD, Buffalo Grove, IL 60089-6547.
(c)	(c) The Reporting Person is in the business of finance.
(d)	(d) Information with respect to the directors, officers and controlling shareholders of the Reporting Person is set forth in Schedule A hereto and is incorporated herein by reference. However, the directors and officers of the Reporting Person disclaim beneficial ownership of any shares of the Issuer owned by the Reporting Person. During the past five years, neither the Reporting Person nor any of its directors or officers have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	(e) During the past five years, neither the Reporting Person nor any of its directors or officers have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	U.S.A.
Item 3.	Source and Amount of Funds or Other Consideration
	The Reporting Person partially converted amounts outstanding under a line of credit provided by the Reporting Person to the Issuer in August 2019. See Section 5(c) below for more information.
Item 4.	Purpose of Transaction
	The Reporting Persons acquired the Issuer's common stock for investment purposes. None of the Reporting Persons have any plans or proposals which relate to or would result in any of the matters listed in Items 4(a) to 4(j) of Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	(a) The Reporting Person holds an aggregate of 5,161,383 common shares of the Issuer, representing approximately 9.49% of the Issuer's outstanding common shares, subsequent to the acquisition of the shares described in Section 5(c) below.
(b)	(b) The Reporting Person has the sole power to vote or to direct the vote and the sole power to dispose or to direct the disposition of the shares.
(c)	(c) On February 12, 2026, the Reporting Person acquired 2,000,000 common shares of the Issuer upon the conversion of $4,432,000 outstanding under a convertible line of credit provided by the Reporting Person to the Issuer on October 9, 2024, at a price of $2.2160 per share.
(d)	N/A
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	N/A
Item 7.	Material to be Filed as Exhibits.
	A. Information About Directors, Officers and Control Persons of the Reporting Person

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Star Financial Corp

Signature:	Fay Passley
Name/Title:	President
Date:	05/26/2026