Zeifman Laurence 4
4 · ZeroStack Corp. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
ZeroStack (ZSTK) Director Laurence Zeifman Receives 28,000-Unit Award
What Happened
Laurence Zeifman, a director of ZeroStack Corp. (ZSTK), received a grant of 28,000 derivative securities (an options award) on May 5, 2026. The grant was reported as an award/acquisition at $0.00 per share (no cash paid). The filing classifies the grant as a derivative award rather than an open-market purchase or sale.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (filed within the typical 2-business-day window).
- Quantity: 28,000 derivative shares/options; reported acquisition price: $0.00.
- Vesting (per footnote): 1/3 vests May 5, 2026; 1/3 vests August 30, 2026; 1/3 vests December 31, 2026.
- Exercise/strike price and total post-transaction beneficial ownership are not shown in the provided excerpt.
- Transaction type code: A (award/grant); derivative transaction (not an immediate sale or cash exercise).
Context
This was a grant of options (derivative award) that vests over 2026 — not an immediate purchase or sale. Such grants are common for directors and are intended to align their interests with shareholders, but the award only converts to economic value if the options vest and the stock is worth more than any exercise price. Because the filing shows a grant at $0.00 and notes the vesting schedule, retail investors should note the award’s potential value depends on future stock performance and any undisclosed exercise price.
Insider Transaction Report
- Award
Director Stock Option ("Right to Buy")
[F1]2026-05-05+28,000→ 28,000 totalExercise: $5.10Exp: 2036-05-04→ Common Shares (28,000 underlying)
Footnotes (1)
- [F1]The options vest as follows: 1/3 on May 5, 2026; 1/3 on August 30, 2026; and 1/3 on December 31, 2026.