ZOOZ (ZOOZ) CEO Jordan Evan Fried details RSU and LLC share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZOOZ Strategy Ltd. filed an initial ownership report showing Chief Executive Officer and director Jordan Evan Fried’s equity stake in the company. He holds 13,452,632 ordinary shares underlying restricted stock units (RSUs), with 25% scheduled to vest on September 30, 2026 and the remainder vesting in 36 equal monthly installments afterward. In addition, 3,000,000 ordinary shares are held indirectly through Fried LLC, over which Mr. Fried has sole voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fried Jordan Evan
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 13,452,632 shares (Direct);
Ordinary Shares — 3,000,000 shares (Indirect, By Fried LLC)
Footnotes (1)
- Represents ordinary shares underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one of the Issuer's ordinary shares. 25% of the RSUs vest on September 30, 2026, with the remainder vesting in 36 equal monthly installments thereafter. These securities are held directly by Fried LLC. Mr. Fried has sole voting and dispositive power over the shares held by Fried LLC.
FAQ
How do Jordan Evan Fried’s RSUs in ZOOZ (ZOOZ) vest over time?
His RSUs vest in stages. Twenty-five percent vest on September 30, 2026, and the remaining RSUs vest in 36 equal monthly installments thereafter. This structure encourages long-term alignment between the chief executive officer and other shareholders over several years.
What is the significance of RSUs in ZOOZ (ZOOZ) for the CEO’s compensation?
The RSUs represent a key part of the CEO’s equity compensation. Each RSU can convert into one ordinary share upon vesting. Because vesting stretches from September 2026 over 36 monthly installments, they help tie his long-term incentives to ZOOZ’s performance.