Schadel Christopher Ryan 4

What Happened Christopher Ryan Schadel, Chief Marketing Officer of Z Squared Inc. (ZSQR), was granted 2,806 restricted stock units (RSUs) on June 3, 2026. The RSUs were awarded at $0.00 per unit (derivative grant) and were issued as a supplemental annual-bonus award valued at $30,000 (2,806 = $30,000 ÷ $10.69 closing price on Nasdaq on 6/3/2026, rounded down). The RSUs convert to one share each upon vesting.

Key Details

• Transaction date: June 3, 2026; Transaction type/code: Award/Grant (A); per-share price reported: $0.00.
• Grant size/value: 2,806 RSUs, approximately $30,000 based on the June 3, 2026 close ($10.69).
• Vesting: Equal quarterly installments over one year starting June 3, 2026 (subject to continued employment).
• Footnote: Award made under the issuer’s 2025 Incentive Compensation Plan as a supplemental bonus per the reporting person’s April 27, 2026 Executive Employment Agreement. RSUs have no expiration date.
• Shares owned after transaction: Not stated in the filing.
• Filing timeliness: Report filed June 8, 2026 for a June 3 transaction — this is later than the standard Form 4 deadline (two business days) and is thus a late filing.

Context RSUs are a form of equity compensation that convert to shares upon vesting; they are not an outright purchase and do not necessarily signal a bullish personal investment. This grant appears to be a performance/bonus-related award under the company’s compensation plan and vests over one year, contingent on continued employment. The late filing is procedural and should be noted by investors tracking timely insider disclosures.