Z Squared Inc. Amends CTO Employment Agreement, Fixes RSU Award

What Happened
Z Squared Inc. announced an amendment (dated August 24, 2026) to the Executive Employment Agreement with its Chief Technology Officer, Jeffery Harris. The original Employment Agreement, entered June 24, 2026, provided for an annual bonus in the form of restricted stock units (RSUs) equal in grant‑date value to three times Mr. Harris’s base salary; the Amendment fixes the number of RSUs for the first‑year award at 49,778 units. The Amendment is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Amendment date: August 24, 2026; original Employment Agreement date: June 24, 2026.
• Position: Jeffery Harris, Chief Technology Officer.
• First‑year RSU award fixed at 49,778 restricted stock units.
• Bonus structure previously described as RSUs with grant‑date fair value equal to three times base salary; the Amendment specifies the unit count.

Why It Matters
This filing clarifies the exact number of equity units being granted to the CTO for the first year, which affects potential equity dilution and the company’s future share‑based compensation expense. Investors tracking management compensation, governance, and potential dilution should note the finalized RSU amount and can review Exhibit 10.1 for the full amendment text.