Z Squared (ZSQR) CTO Jeffery Keeslar Receives RSU Award
$ZSQR · Z Squared Inc.Research Summary
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Z Squared (ZSQR) CTO Jeffery Keeslar Receives RSU Award
What Happened Jeffery Keeslar, Chief Technology Officer of Z Squared Inc. (ZSQR), received a grant of 49,778 restricted stock units (RSUs) on August 24, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 (no cash paid). Each RSU is a contingent right to receive one share of common stock upon vesting; this is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-24; Form 4 filed 2026-08-25 (timely filing).
- Transaction type/code: Award/Grant (A); reported price $0.00 (derivative).
- Shares/units awarded: 49,778 RSUs.
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs granted under the issuer's 2025 Incentive Compensation Plan as the annual-bonus award per the Executive Employment Agreement (dated June 24, 2026, amended Aug 24, 2026). RSUs vest in four equal installments on 9/24/2026, 12/24/2026, 3/24/2027 and 6/24/2027, subject to continued employment; RSUs have no expiration date.
Context RSU grants are standard executive compensation and primarily serve as retention/incentive tools; they do not represent an immediate cash purchase or sale. The $0.00 reported in the Form 4 reflects the contingent nature of the RSUs at grant—any eventual value to the insider depends on Z Squared’s share price when and if the RSUs vest and convert to stock.