Z Squared corrects duplicate insider award entries
The amendment also describes the vesting conditions for two earlier RSU awards and reports the remaining units after the September vesting.
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Form Type
4/A
Rhea-AI Filing Summary
Z Squared Inc. Chief Marketing Officer Christopher Ryan Schadel reported an open-market purchase of 1,000 common shares at $3.92 per share on August 18, 2026, and RSU settlements into common shares of 2,467 shares on July 27 and 702 shares on September 3, 2026.
The amendment corrects duplicate entries for previously reported RSU and option grants, adds the July settlement omitted from the earlier report, and updates beneficial-ownership totals. Shares acquired upon RSU settlement were issued under Z Squared Inc.’s Form S-8 filed August 21, 2026. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
5 txns
Insider
Schadel Christopher Ryan
Role
Chief Marketing Officer
Bought
1,000 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3 | 702 | $0.00 | $0.00 |
| Exercise | Common Stock F4 | 702 | $0.00 | $0.00 |
| Purchase | Common Stock | 1,000 | $3.92 | $4K |
| Exercise | Restricted Stock Units F1 | 2,467 | $0.00 | $0.00 |
| Exercise | Common Stock F2 | 2,467 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 9,505 contracts (Direct);
Common Stock — 4,169 shares (Direct)
Footnotes (4)
- F1. On April 27, 2026, pursuant to Section 3(b) of the reporting person's Executive Employment Agreement, dated April 27, 2026, the issuer granted the reporting person 9,868 RSUs representing an annual bonus award with an aggregate grant-date fair market value of $150,000. The grant was previously reported on the reporting person's Form 4 filed on April 30, 2026. The RSUs vest in four equal quarterly installments of 2,467 RSUs over the one-year period commencing on April 27, 2026 (on each of July 27, 2026, October 27, 2026, January 27, 2027 and April 27, 2027), subject to the reporting person's continued employment with the issuer on each vesting date.
- F2. Represents the first quarterly vesting of the RSUs described in footnote 1, which vested on July 27, 2026.
- F3. Represents restricted stock units ("RSUs") granted to the reporting person on June 3, 2026 under the issuer's 2025 Incentive Compensation Plan as a supplemental award in respect of the annual bonus under Section 3(b) of the reporting person's Executive Employment Agreement, dated April 27, 2026, and previously reported on the reporting person's Form 4 filed on June 8, 2026. The number of RSUs was determined by dividing $30,000 by the closing price per share on the Nasdaq Global Market on June 3, 2026 ($10.69), rounded down to the nearest whole share. Each RSU represents a contingent right to receive one share of common stock upon vesting and has no expiration date. Because 2,806 is not evenly divisible by four, the RSUs vest in four substantially equal quarterly installments (subject to rounding) over the one-year period commencing June 3, 2026 (on each of September 3, 2026, December 3, 2026, March 3, 2027 and June 3, 2027), subject to continued employment on each vesting date.
- F4. Represents the vesting of 702 RSUs, the first quarterly installment of the RSUs described in footnote 3, which vested on September 3, 2026. The number of derivative securities beneficially owned following the reported transaction includes 7,401 RSUs remaining from the April 27, 2026 grant described in footnote 1 and 2,104 RSUs remaining from the June 3, 2026 grant.
Key Figures
Common shares purchased: 1,000 shares
Purchase price: $3.92 per share
RSUs settled: 2,467 RSUs
+5 more
8 metrics
Common shares purchased
1,000 shares
August 18, 2026 open-market purchase
Purchase price
$3.92 per share
August 18, 2026 purchase
RSUs settled
2,467 RSUs
July 27, 2026 settlement into common shares
RSUs settled
702 RSUs
September 3, 2026 settlement into common shares
Remaining RSUs
7,401 RSUs
Remaining from the April 27, 2026 grant following the September 3, 2026 transaction
Remaining RSUs
2,104 RSUs
Remaining from the June 3, 2026 grant following the September 3, 2026 transaction
RSUs granted
9,868 RSUs
April 27, 2026 annual bonus award
Grant-date fair market value
$150,000
April 27, 2026 annual bonus award
Key Terms
Restricted Stock Units, grant-date fair market value, contingent right, Form S-8
4 terms
Restricted Stock Units financial
"settlement of 2,467 restricted stock units that vested on July 27, 2026"
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.
grant-date fair market value financial
"with an aggregate grant-date fair market value of $150,000"
contingent right technical
"Each RSU represents a contingent right to receive one share"
Form S-8 regulatory
"registration statement on Form S-8 filed with the Securities and Exchange Commission"
A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What RSU settlements did ZSQR report for Christopher Ryan Schadel?
The reported settlements converted 2,467 RSUs into common shares on July 27, 2026, and 702 RSUs into common shares on September 3, 2026. The common shares acquired upon RSU settlement were issued under Z Squared Inc.’s Form S-8 filed August 21, 2026.
How do Christopher Ryan Schadel’s ZSQR RSU awards vest?
The April 27, 2026 grant of 9,868 RSUs vests in four equal quarterly installments on July 27, 2026, October 27, 2026, January 27, 2027, and April 27, 2027, subject to continued employment on each vesting date. The June 3, 2026 grant of 2,806 RSUs vests in four substantially equal quarterly installments on September 3, 2026, December 3, 2026, March 3, 2027, and June 3, 2027, also subject to continued employment.
How many RSUs remained after Schadel’s September 3, 2026 vesting?
The reported derivative holdings following the transaction included 7,401 RSUs remaining from the April 27, 2026 grant and 2,104 RSUs remaining from the June 3, 2026 grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
